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No official statements over troubles at Tonga Development Bank

No official statements have been issued by the Tonga Development Bank or the National Reserve Bank of Tonga (NRBT) regarding a reported move to sack the two top officials of the TDB this week.

Fiji Business Briefs: Visa pilot, Rosie goes electric, more hotels, FHL results

Fiji to pilot outsourcing of some passport and visa services. Fiji’s Cabinet has given green light for the piloting of outsourcing of some passport and visa services. The initiative will establish application centres domestically and in key Australian cities.

National Development Planners Forum meets in Nuku alofa

The need for development planners to consider risks, was stressed at the annual National Planners Forum, that opened today, 31 January, 2024, hosted by the National Planning Division of the Prime Minister's Office and the Ministry of Internal Affairs, Women's Division, at Fa'onelua Convention Center.

Reserve Bank clarifies banking business

Public Notice: The Reserve Bank confirms that business such as investment activities, whereby funds are received from the public to be used for investments or loans at the risk of the person doing such business, is considered banking business. These activities are permitted to be conducted in Tonga only by those who have a banking licence granted by the Reserve Bank under

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