December 14, 1998 - Saipan Tribune

Rating agencies seek bond repayment assurance

Two US-based bond rating agencies have urged the Commonwealth Ports Authority to fix the financial crisis besetting the agency by increasing the airport and seaport rates beginning next year so that it can pay the $53 million bonds.

Posted On Dec 14 1998 00:00

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Financial planners to craft payment plan

The cash-strapped government is considering a payment plan to settle some $6 million in Earned Income Credit due to taxpayers which release has been pushed back again due to lack of funds, according to Lt. Gov. Jesus R. Sablan.

Posted On Dec 14 1998 00:00

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Schools question wage cuts

For lack of quorum, the Board of Education last Friday failed to approve the 10 per cent pay cut for the Public School System effective January 1999.

Posted On Dec 14 1998 00:00

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CPA airport revenue drops 6%

The aviation division of the Commonwealth Ports Authority generated some $655,632 operating revenues in November, a six percent reduction compared to the month of October primarily as a result of the continuous decline in visitor arrivals to the CNMI and the shutting down of...

Posted On Dec 14 1998 00:00

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Rating agencies seek bond repayment assurance

Financial planners to craft payment plan

Schools question wage cuts

CPA airport revenue drops 6%

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