Results for Business

Telstra Corp Ltd on Monday, 12 July was in discussions to buy the Pacific operations of the telecom company Digicel Group, Reuters news service reported yesterday, 18 July.

Tonga is experiencing a sugar famine that’s likely to last another month. Containers of sugar expected to arrive this weekend have missed shipping connections and will not reach Tonga until the end of August, according to one importer, who is still waiting for his January order to arrive. Deliveries that used to take 6-8 weeks are now taking 5-6 months to arrive in Tonga.

Tonga is looking to produce a seed collection and storage system to strengthen food security. Research will be carried out with support from the Japanese Government through MORDI Tonga Trust. Seeds may include local fruits and traditional medicinal plants as well as indigenous plants.

In March 2021, Tonga's official Foreign Reserves continued a downward trend. Following the previous month’s decline, the reserves fell by $6.7m to $685.7m, equivalent to 11.7 months of import, according to the National Reserve Bank of Tonga.

Kacific, the broadband satellite company that rescued Tonga from its digital darkness in January 2019 when the Tonga cable was cut, is taking legal proceedings to recover a fee of USD$5.76 million it claims is owed by a Tonga government entity, Tonga Satellite Ltd. By Mary Lyn Fonua.

HM Queen Nanasipau’u toured MORDI Tonga headquarters and plantation at Havelu today in support of local food farming.

Over 20 participants, including 10 solar PV technicians, attended a renewable energy mini-grid training in Neiafu, Vava’u on 28-30 April as part of resilience development in Tonga.

Setitaia Chen, who has been Tonga Power Ltd's Chief Executive Officer since August 2018, resigned last Friday, 23 April, due to family reasons. Nikolasi Fonua is now Acting CEO.

Hundreds of internet users lost their service in Tonga yesterday morning in an extended internet disruption that is continuing for some customers of Tonga Telecommunications Corporation for a second day, today. While the TCC wireless postpaid service remained operational yesterday, TCC staff explained that the outage affected their prepaid customers and the ADSL fixed line services.