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Wednesday 30 March 2005
Nuku'alofa, Tonga
The Tongan economy is not shaping up well in comparision with other Pacific islands and other economies in the Asia Pacific region, according to World Bank indicators.
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Wednesday 9 March 2005
Nuku'alofa, Tonga
The E. M. Jones group of companies, one of Tonga's oldest trading companies is selling out. Keith Harris of Guardian Trust, New Zealand, the legal owner of E. M. Jones Group of companies since 1981 said that they had no other option but to sell E. M. Jones Ltd.
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Wednesday 23 February 2005
Nuku'alofa, Tonga
The Tonga Post Office, which is set to be corporatised in July, has recently doubled its airmail parcel rates and introduced a special high rate for parcels on the busiest section between Tonga and New Zealand.
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Monday 21 February 2005
Nuku'alofa, Tonga
Tongatapu's electric power generation will be boosted by a new 3.0 megawatt diesel generator that Shoreline Group has imported from Germany and expects to be operational by June this year.
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Friday 18 February 2005
Nuku'alofa, Tonga
The Tonga Communications Corporation launched its new Post Paid Mobile service, yesterday February 17, at the International Dateline Hotel, offered through its UCall mobile system.
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Tuesday 15 February 2005
Nuku'alofa, Tonga
Long-time parliamentarian 'Uliti Uata, aims to finish building his downtown office block on Nuku'alofa's main street this year - a project that has taken 24 years.
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Monday 7 February 2005
Nuku'alofa, Tonga
Following concern in Tonga in recent weeks over the rising cost of electricity, the Prince Regent, Crown Prince Tupouto'a told Matangi Tonga Online that his power supply company, Shoreline, has now made it a top priority to reduce its fuel costs for power generation. by Pesi Fonua
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Tuesday 1 February 2005
Nuku'alofa, Tonga
Tonga's official Foreign Reserves held by the National Reserve Bank increased by $1.9 million in December 2004 to $93.4 million, an amount equivalent to 5.9 months of imports of goods.
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Wednesday 26 January 2005
Nuku'alofa, Tonga
The Tonga Government Printing Department is the latest of government's semi-commercial operations to be corporatised.
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Monday 24 January 2005
Nuku'alofa, Tonga
The Tonga Communications Corporation has accumulated a loss of $50,000 during the five days that its international, inter-island telephone, and internet services were disrupted last week.
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Saturday 22 January 2005
Nuku'alofa, Tonga
Mangoes for breakfast, mangoes for lunch, and mangoes for dinner - we have mangoes dropping on our heads and squashing under our feet in Tongatapu this month.
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Thursday 20 January 2005
Vienna, Austria
Oil futures prices surged above $49 a barrel Tuesday - their highest levels since the end of November - amid plunging temperatures in the United States and fears of supply cuts. - AP
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Monday 17 January 2005
Nuku'alofa, Tonga
There was no telephone or internet communication between Tonga and the rest of the world for about 26 hours, from 12.30pm on Saturday, January 15 until 3 am today, January 17.
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Friday 14 January 2005
Nuku'alofa, Tonga
The launching of the Tonfön's new upgraded Global System for Mobile Communication Service targeted for December 31 has been delayed, according to John Kornele, Tonfon's Technical Manager.
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Friday 7 January 2005
Nuku'alofa, Tonga
Tonga's Foreign Reserves for November 2004 went up by $4.4 million to $91.5 million, an amount equivalent to 5.6 months of imports of goods.
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Wednesday 22 December 2004
Nuku'alofa, Tonga
Tonga's beer drinkers were thirstier during 2004 than they were in 2003, drinking 1.2 million liters of Royal Beer, 400,000 litres more than last year's figure of 800,000 litres.
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Wednesday 22 December 2004
Nuku'alofa, Tonga
Creditors of Tonga's Royal Tongan Airlines are claiming over $16.6 million pa'anga, but so far only $2.21 million has been recovered from the sale of the company's assets and other funds, according to the liquidator's second report.
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Tuesday 21 December 2004
Nuku'alofa, Tonga
The growth in the use of mobile telephones and the Internet in Tonga since 2002, after government allowed a second telephone company, Tonfön to enter the market and compete with the government's own telephone company, the Tonga Communications Corporation, has been unparalleled in the region.
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Wednesday 15 December 2004
Nuku'alofa, Tonga
The former Ambassador Night Club complex was reopened on Saturday December 11, under new ownership. The President of Trans Pacific Ltd., David Prescott said that the opening of the bar on Saturday night was the first step in getting the complex back into operation.
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Tuesday 14 December 2004
Nuku'alofa, Tonga
When Tonfon increases the capacity of its Global System for Mobile Communication from 5,000 to 50,000 subscribers before the end of this year, it will have the capacity to provide a mobile phone for one in every two people in Tonga.
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