Results for Business

The 70 year-old wooden store of Bhagwan and Sons Ltd. traders on Hala Taufa‘ahau in central Nuku‘alofa has been demolished, and in its place a $500,000 a two storey building is being constructed. From Matangi Tonga Magazine Vol. 14, no. 2, May 1999.

Tonga’s plentiful nonu trees may not be able to match the usefulness of coconut trees as the ‘tree of life’ for Tongans, but when the Royal Nonu International started buying nonu leaves in April for 80 seniti per kilogram, the nonu gained new status. From Matangi Tonga Magazine Vol. 14, no. 2, May 1999.

After 21 years of connecting Tonga to the rest of the world, Cable and Wireless plc, which has the exclusive right for Tonga’s international telephone connection will cease its service in July 2000, when the company’s Franchise Agreement with the Government of Tonga expires. Matangi Tonga Magazine Vol. 14, no. 2, May 1999.

Afu‘alo Matoto has taken over the leadership role of the TDB at a time when the Bank is expected to play a major role in reviving the Tongan economy, by providing capital for the development of the agricultural, fisheries and tourism industries - areas that urgently need development to pull the country out of its current economic recession. But he says Tonga needs to first resolve its leadership crisis: “We need to crystallise our position and to take action.” By Pesi Fonua. Matangi Tonga Magazine Vol. 14, no. 1, January 1999.

Pousima Afeaki started exporting in 1995 with one container of assorted produce…and by 1997 it had jumped to 65 containers. He is one of a handful of hard working Tongan farmer-exporters who can see a positive future for agricultural exports from Tonga. By Pesi Fonua. Matangi Tonga Magazine Vol. 14, no. 1, January 1999.

FROM OUR ARCHIVES: A business venture in Mainland China turned into a diplomatic mission for Princess Pilolevu and her team. By Pesi Fonua. Matangi Tonga Magazine Vol. 14, no. 3, December 1998.

A $10m EU project is creating a viable business environment in Tonga’s yachting centre. Matangi Tonga Magazine Vol. 13, no. 4, December 1998.

Buying locally-made goods creates jobs and keeps the pa‘anga in Tonga. From Matangi Tonga Magazine Vol. 13, no. 4, December 1998.

A $6 million Agricultural Development Program for the two Niuas and ‘Eua is underway to help growers in outlying rural communities. From Matangi Tonga Magazine Vol. 13, no. 4, December 1998.