Inos to release statement on Rota state of emergency

Gov. Eloy S. Inos is expected to issue a joint notice any time soon on the state of emergency declared for Rota last May 20. “Major efforts were made by the community of Rota to return to normalcy along with many of our responders, non-profit organization, the Rota Mayor’s...
Posted On Jun 01 2015 06:06
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Yaquinto is CUC’s new CFO

The Commonwealth Utilities Corp. finally has a new chief financial officer, some 10 months since the last CFO left in July last year. Matthew Yaquinto, a certified public accountant from Michigan, officially took up the post last April 17. He had been previously working in...
Posted On May 07 2015 04:00
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CDA clarifies position on CUC debt

The CNMI’s public utility must pay the Commonwealth Development Authority a deferred $4.32 million in debt by October next year or risk management takeover. But CDA’s executive director says they don’t intend to do that. In an interview, CDA executive director Manuel Sablan...
Posted On Apr 22 2015 04:00
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CDA commercial loan program picks up steam

The CNMI State Small Business Credit Initiative is “picking up steam and rolling.” The program has now crossed over 20 percent commitment of the initial disbursement from U.S. Treasury toward eight loans in the CNMI. Those eight loans represent over $1.5 million in total loan...
Posted On Jan 21 2015 04:00
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