Results for Business

Loumaile Lodge, the first hotel to be constructed in the Nuku'alofa Central Business District since November 2006 was officially opened by Princess Pilolevu Tuita on Friday evening, December 19.

Tonga has successfully received a payment of $500,000 pa'anga from the owners of the Taiwanese fishing vessel FV Chu Huai No. 638 that was prosecuted for illegal fishing in Tongan waters in January.

Minerals exploration on Tonga's seabed is slowly getting into a momentum as a second research ship, the R/V Onnuri left Nuku'alofa, on Wednesday, December 10 to look for copper, gold, zinc and silver on the sea-bed to the south of Tongatapu.

Eight hundred Tongan Seasonal Workers will leave Tonga to work in the Australian horticultural industry in July 2009.

Tonga's largest squash exporter, Nishi Trading Company Ltd., is targeting to export a total of 1,200 tonnes of squash to Japan and South Korea, a slight increase from their 900 plus tonnes exported last year.

Tonga's No. 1 economic problem is that it cannot provide employment for its growing population, including the estimated 2000 school leavers who annually join the work force, according to an Asian Development Bank report that looks at why Tonga's economy is not achieving its potential.

Kiwis snatched the top prizes in the 2008 - 17th Tonga International Billfish Tournament held in Vava'u from September 4-9.

The General Manager of Tonga Broadcasting Commission Elenoa 'Amanaki (63) hands over the reins on public broadcasting when her four-year contract ends on Tuesday, September 30.