May 17, 2012 - Page 4 of 16

NMI’s bond rating under review

Lt. Gov. Eloy S. Inos said yesterday that the government will take “corrective actions” and help improve the economy to ensure that Moody’s Investors Service will not downgrade the CNMI’s B2 bond rating for its Series 2003A General Obligation Bonds that is currently under...

Posted On May 17 2012 22:15

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Channel Bridge site red-flagged

The Division of Environment Quality has red-flagged the DPW Channel Bridge and is advising the public not to fish or swim within 300 feet of this location for the next 48 hours or until otherwise notified.

Posted On May 17 2012 22:13

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2-year suspension of payments threatens CDA loan program

House Speaker Eli Cabrera (R-Saipan) is proposing to allow Commonwealth Development Authority borrowers to suspend for two years their loan principal payments to CDA because of economic hardships but this early, officials warn that the bill not only threatens the agency’s...

Posted On May 17 2012 22:12

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Mayor seeks Tinian businesses’ help; shares successes and challenges

Tinian Mayor Ramon Dela Cruz sought yesterday the business sector’s help in further improving Tinian’s economy which he said has already seen some strides. These include making payments to an over $2 million debt he inherited from previous administrations, maintenance of tourist...

Posted On May 17 2012 22:10

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NMI’s bond rating under review

Channel Bridge site red-flagged

2-year suspension of payments threatens CDA loan program

Mayor seeks Tinian businesses’ help; shares successes and challenges

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