Results for Business

‘Alatini Fisheries Co. Ltd .is planning to open before Christmas a new speciality food shop on Taufa‘ahau Road, Nuku‘alofa, specialising in fresh, chilled and frozen foods. From Matangi Tonga Magazine Vol. 17, no. 3, November 2002.

Keith Moala is one person who will agree that small is beautiful, because with the small, 1.2m satellite disk that he is hoping will sell like hot cakes in Tonga, he said that viewers will be able to select from the 14 television channels. From Matangi Tonga Magazine Vol. 17, no. 2, August 2002.

Tens of millions of pa‘anga in government expenditure that used to be disregarded in the annual Budget estimates, have this year been incorporated into the figures—beefing it up to $112 million in operational costs. This is a new approach by a new Finance Minister, Siosiua ‘Utoikamanu, to make government operations more “transparent”. From Matangi Tonga Magazine Vol. 17, no. 2, August 2002.

When a new mobile phone provider, Tonfön (Shoreline Communications) launched its telephone service on July 31, Tonga became the only Pacific island country to allow two competing telecommunications companies. From Matangi Tonga Magazine Vol. 17, no. 2, August 2002.

The Informal sector of the Tongan business community is the biggest enemy of the struggling Tongan economy, believes the Vava’u no. 1 People’s Representative, Trevor Guttenbeil. From Matangi Tonga Magazine Vol. 17, no. 2, August 2002.

Tonga’s 28 year old Bank of Tonga was renamed Westpac-Bank of Tonga after the Tongan Parliament amended the Bank of Tonga Act on July 15. From Matangi Tonga Magazine Vol. 17, no. 2, August 2002.

The quarry business, particularly on Tongatapu, is a thriving but very competitive business according to Sione Tafolo of the Fasi‘apule Holding Ltd. who says that it is an on-going task for people who live in the low-lying areas to keep filling up their properties. From Matangi Tonga Magazine Vol. 17, no. 2, August 2002.

Shoreline became a household name overnight throughout Tongatapu, Ha‘apai and ‘Eua when it took over the generation and the distribution of electricity from the Tonga Electric Power Board at the beginning of February. From Matangi Tonga Magazine Vol. 17, no. 1, May 2002.

A new Branch of the Bank of Tonga to deal mainly with Business and Company Loans was officially opened for business by the Minister for Labour and Commerce, Dr Masaso Paunga, at the New Si‘i Kae Ola Building, Hala Taufa‘ahau on April 29. From Matangi Tonga Magazine Vol. 17, no. 1, May 2002.