Find Corporate expertise in Tonga
Tonga’s has a large non-monetary sector and thus a small formal private sector. Tonga’s largest trading companies are therefore small by world standards. The government is also the dominant player in commercial activities. Government owned companies for example Tonga Communications Corporation (telecoms) play dominant roles in their respective sectors. Some state-owned enterprises operate commercially as monopolies or virtual monopolies for example Tonga Power and Tonga Post. Australian multinational banks Westpac and ANZ dominate the banking sector with the former being the larger one of the two in terms of operations. Digicel a multinational telecoms companies originating from the Caribbean has provides mobile cellular services. Tonga does not have a stock exchange.