Results for Business

Tonga's new Company Registration facility was launched on December 1 when the Acting Prime Minister Dr Viliami Tangi presented HRH Princess Pilolevu Tuita with the Re-registration Certificate of her company, the Friendly Islands Satellite Communications Ltd. at the International Dateline Hotel.

Tonga exported 1,600 tonnes of squash pumpkin to Japan and South Korea at the end of the 2009 squash season this week, said Minolu Nishi Jr, the President of the Tonga Squash Council.

Tongan fisheries officials fear that a new extension to the sea cucumber harvesting season and an increase in licences is going to drive the resource back a decade, when it was overfished to the point of depletion.

The Prime Minister will host a historical meeting with Development Partners on Tonga's Energy Roadmap in Neiafu, Vava'u on 16-17 November 2009. The aim of the meeting is to finalise and sign-off on "Tonga's Energy Roadmap 2010-2020", which will enable Tonga to reach its policy target of fifty percent of its power generation to be fuelled by renewable sources within three years.

An agreement for the New Zealand Government to give Tonga a TOP$250,000 granted for the establishment of a new Business Opportunity Support Scheme BOSS, was signed by the Tongan Prime Minister, Hon, Dr Feleti Sevele and the New Zealand High Commissioner HE Ms Christine Bogle on Monday, 26 October in Nuku'alofa.

Tonga does not have food insecurity or hunger but rather a problem of eating low-quality food, which causes a high rate of non-communicable diseases such as diabetes and obesity, Prince Tu'ipelehake said in opening a display of Tongan food on October 16 for International World Food Day.

Tonga's electricity tariff will go up by 20.35 seniti per kWh, effective from the meter reading at the end of October, Peter McGill, the CEO of the Tonga Power Ltd. announced this afternoon.

Tonga's Foreign Reserves rose by $19.8 million to a record high of $159.2 million in August, the equivalent of 6.2 months of imports of goods for Tonga.

The Asian Development Bank (ADB) is providing assistance to the Pacific to help design and deliver renewable energy products to the region through a $3 million grant for the development of small pilot projects in Papua New Guinea, Solomon Islands, and Vanuatu.