Two bills to provide tax breaks, incentives

In efforts to perk up the local economy, two crucial legislation are under way in the House of Representatives which will provide tax breaks and other incentives to new businesses setting up in the Northern Marianas amid the worst crisis dogging the island.
Posted On Mar 18 1999 00:00
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Banks asked: Relax repayments on debt

The House of Representatives has prodded banks and the Commonwealth Development Authority to ease repayment of loans owed to them by various businesses on the island in a step to assist companies facing financial difficulties during the worsening economic crisis.
Posted On Mar 18 1999 00:00
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House makes plea against wage hike

In a six-hour session on Tuesday, the House of Representatives were more preoccupied in adopting several resolutions, ranging from plea for relief from the economic crisis to an appeal to the U.S. Congress against proposal that will raise minimum wage level in the commonwealth.
Posted On Mar 18 1999 00:00
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NMC probe is within bounds: Hofschneider

The chair of the House committee on Health, Education and Welfare yesterday lashed back at mounting criticisms against the series of oversight hearings conducted by the panel on the Northern Marianas College.
Posted On Mar 17 1999 00:00
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