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Legislative leaders defend business laws

Legislative leaders have pledged to listen to the pulse of the business sector battered by the worsening economic conditions in the Northern Marianas in a bid to address their concerns on stringent laws detrimental to the local investment climate.
Posted On Jan 04 1999 00:00
, By

YEAR-END REPORT Garment, 1998

As Asia sank deeper into its worst recession since World War Two, the Northern Marianas spiraled in the past year from a tourism-driven economy to an island increasingly dependent on the steady income of the garment industry.
Posted On Dec 31 1998 00:00
, By

YEAR-END REPORT CPA seeks solution to debt, revenue fall

Burdened with a $53 million debt, the Commonwealth Ports Authority faces the difficult task of maintaining an efficient operation in 1999 amid declining revenues brought about by a battered tourism economy.
Posted On Dec 31 1998 00:00
, By

YEAR-END REPORT Is paradise lost?

In a downtown tourist strip where hordes of people used to descend on a beehive of stores and hotels, Mary Anne's clothes shop remains one of the few that is still surviving by the day through the hard times gripping Saipan.
Posted On Dec 31 1998 00:00
, By
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