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CDA: Lifting of loan moratorium dim

The lifting of the moratorium on new loans has a dim chance of passing the Commonwealth Development Authority board as its members and the management team appear to have contrasting opinions on the issue. CDA executive director Manuel Sablan and loan manager Oscar Camacho made it...
Posted On Jul 31 2012 05:40
, By Moneth G. Deposa

FAA approves $11M supplemental funding for airport runway repairs

Construction of the main runway at the Francisco C. Ada/Saipan International Airport is set to resume soon following the project’s approval by the Federal Aviation Administration. Commonwealth Ports Authority executive director Edward Deleon Guerrero confirmed this in a...
Posted On Jul 30 2012 03:34
, By Moneth G. Deposa

Freedom Air needs $600K loan to stay afloat

  Freedom Air needs an additional $600,000 loan from the Commonwealth Development Authority to allow the inter-island carrier to continue its operations for the next six months, according to spokesperson Amjad Farhoud. Farhoud told members of CDA’s Development Corporation...
Posted On Jul 30 2012 03:33
, By Moneth G. Deposa

CUC lifts localized drinking water boil-order

The Commonwealth Utilities Corp. lifted yesterday afternoon its localized drinking water boil-order after determining that previously affected areas and villages are now free of bacterial contamination. CUC hand-delivered last Friday notices to customers along Beach Road, from...
Posted On Jul 30 2012 03:23
, By Moneth G. Deposa
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//Moneth G. Deposa

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