Results for Business

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.

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

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.

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.

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.

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.

The Country Chicken run by Konifelenisi Trading has found a new nest at the Bhagwan Building on Hala Taufa‘ahau in central Nuku‘alofa.

When the last squash ship left Nuku‘alofa early this month for Japan it concluded the 2004 squash season. Tonga exported a total of 13,00 tones to Japan this year.

The Port Services Ltd., the sole handler of cargo at Nuku'alofa's Queen Salote Wharf since 1999, will cease operation on October 30 ...— ending a five year privatisation venture that led to disappointment for investors, frustrated by the Port Authority's refusal to allow an increase in their tariffs.