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FLASHBACK – Jan. 9, 2012

Jan. 9, 2001 CDA loan delinquency rate in all-time high Slowdown in business activities during the past three years had taken its toll on the loan portfolio of the Commonwealth Development Authority which reported on Monday that delinquency rate has gone up to record-high....
Posted On Jan 09 2012 02:52
, By admin

20 percent across-the-board cut on Fund budget eyed

By Moneth Deposa Reporter The NMI Retirement Fund may be forced to reduce its personnel cost after the board of trustees received a recommendation to cut the agency’s operational budget due to limited resources. The Fund’s finance and personnel committees have...
Posted On Jan 09 2012 02:51
, By admin

Fund to sell member home loan program

By Moneth Deposa Reporter The NMI Retirement Fund will sell its member home loan program to relieve it from the “burden” of handling the program which it says has been yielding low rate of investment return, high delinquency ratio, and other concerns. The Fund’s board of...
Posted On Jan 09 2012 02:51
, By admin

District Court dismisses ex-Palms Resort employee’s discrimination lawsuit

By Ferdie de la Torre Reporter The federal court has dismissed the discrimination lawsuit filed by a former employee of the Palms Resort Saipan against the hotel’s owner. U.S. District Court for the NMI designated judge J. Michael Seabright dismissed with prejudice Jane...
Posted On Jan 09 2012 02:50
, By admin
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Day

//January 9, 2012

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