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Friday 30 August 2002

Nuku‘alofa, Tonga
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.
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Friday 30 August 2002

Nuku‘alofa, Tonga
The Tongan Budget for 2002-3, passed by the Legislative Assembly on June 27, is the biggest ever, with the total revenue to be collected by government amounting to $120.25 million. Government Expenditure during the same period is expected to amount to $122.72 million, leaving us with a deficit of $2.5 million. From Matangi Tonga Magazine Vol. 17, no. 2, August 2002.
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Friday 30 August 2002

Nuku‘alofa, Tonga
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.
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Friday 30 August 2002

Nuku'alofa, Tonga
Tonga hosted this year’s ADFIP consortium on Development Banking Under Change and sought new avenues of technical and financial assistance. From Matangi Tonga Magazine Vol. 17, no. 2, August 2002.
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Friday 30 August 2002

Nuku‘alofa, Tonga
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.
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Friday 30 August 2002

Nuku‘alofa, Tonga
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.
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Friday 30 August 2002

Nuku‘alofa, Tonga
A Tongan-owned immigration consultancy, started in 1995, has helped over 5,000 Tongans gain legal status in New Zealand. From Matangi Tonga Magazine Vol. 17, no. 2, August 2002.
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Friday 30 August 2002

Nuku'alofa, Tonga
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.
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Friday 30 August 2002

Nuku‘alofa, Tonga
The restructuring of the Royal Tongan Airlines marked, “the beginning of the reform in government statutory boards,” Tonga’s Prime Minister Prince ‘Ulukalala Lavaka Ata promised, at a Press Conference he called on July 9, to explain his initiative to restructure the ailing national airline. From Matangi Tonga Magazine Vol. 17, no. 2, August 2002.
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Friday 30 August 2002

Nuku‘alofa, Tonga
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.
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Friday 30 August 2002

Nuku‘alofa, Tonga
Motor Parts Services has extended its services by becoming the stockist and distributor of the Hydraulic Fluid Connection in Tonga. From Matangi Tonga Magazine Vol. 17, no. 2, August 2002.
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Thursday 30 May 2002

Nuku‘alofa, Tonga
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.
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Thursday 30 May 2002

Nuku‘alofa, Tonga
A long hard battle for a two-acre prime business spot in the heart of Nuku‘alofa’s business centre, was won by a local business woman Robina Nakao and her company Fund Management Ltd. From Matangi Tonga Magazine Vol. 17, no. 1, May 2002.
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Thursday 30 May 2002

Nuku‘alofa, Tonga
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.
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Thursday 30 May 2002

Nuku‘alofa, Tonga
The Shoreline Group signed a new agreement with the Tonga Electric Power Board on January 21 this year, which allowed Shoreline Distribution to lease the electricity distribution network for Tongatapu, Ha‘apai and ‘Eua. From Matangi Tonga Magazine Vol. 17, no. 1, May 2002.
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Thursday 20 December 2001

Nuku‘alofa, Tonga
The Tonga Communications Corporation finally launched their GSM Mobile telephone U-call service on December 14 and their customers in Nuku‘alofa couldn’t wait to get their hands on them. From Matangi Tonga Magazine, Vol. 16, no. 3, December 2001.
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Thursday 20 December 2001

Nuku‘alofa, Tonga
The thrust by Tonga’s two telecommunications companies, the Tonga Communications Corporation to introduce a new cell phone service, and by Tonfön to introduce a wireless telecommunications system, this year met a number of setbacks, which meant that both companies were unable to meet their July deadlines. From Matangi Tonga Magazine, Vol. 16, no. 3, December 2001.
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Thursday 20 December 2001

Nuku‘alofa, Tonga
The opening of the $8.6 million pa‘anga new business centre of the Si’i Kae Ola Co. Ltd. on December 15 by HM King Taufa‘ahau Tupou IV, set a new standard for the retailing and wholesaling business in Tonga during the 21st century. From Matangi Tonga Magazine, Vol. 16, no. 3, December 2001.
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Thursday 20 December 2001

Nuku‘alofa, Tonga
Zhu Xinmin, the Vice President, and Chief of Administration and Management, of the People’s Daily, China’s biggest daily newspaper was in Tonga for the official launching on December 22 of the $5 million renovation project to upgrade the Janfull International Dateline Hotel to a four stars standard. From Matangi Tonga Magazine, Vol. 16, no. 3, December 2001.
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Tuesday 25 September 2001

Nuku‘alofa, Tonga
One of the Tongan government’s most adventurous money-making projects, the Tonga Trust Fund is in deep trouble. From Matangi Tonga Magazine, Vol. 16, no. 2, September 2001.
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