Public Sector Enterprises
The public sector enterprises are the National Bank of Tuvalu, Development Bank of Tuvalu, Tuvalu Electricity Corporation, Tuvalu Telecommunications Corporation, National Fishing Company of Tuvalu, Philatelic Bureau, Tuvalu Marine Training Institute and Vaiaku Lagi Hotel. Tuvaluan radio services are operated by the Tuvalu Media Corporation. The Tuvalu Media Corporation also publishes Sikuleo o Tuvalu - Tuvalu Echo (previously: Tuvalu Echoes), a fortnightly newspaper and a news website. The Tuvalu National Provident Fund provides its members with loans, for which each member’s account is used as collateral. The Tuvalu Cooperative Society is the main wholesaler and retailer in Tuvalu.
Read more about this topic: Economy Of Tuvalu
Famous quotes containing the words public and/or enterprises:
“The chief internal enemies of any state are those public officials who betray the trust imposed upon them by the people.”
—Dalton Trumbo (1905–1976)
“The personal touch between the people and the man to whom they temporarily delegated power of course conduces to a better understanding between them. Moreover, I ought not to omit to mention as a useful result of my journeying that I am to visit a great many expositions and fairs, and that the curiosity to see the President will certainly increase the box receipts and tend to rescue many commendable enterprises from financial disaster.”
—William Howard Taft (1857–1930)