Business News

(Press Release) — After nearly five years of serving the CNMI community, Bubba Gump Shrimp Co. Saipan will be temporarily closing their doors in Garapan this Saturday, March 13. “Since March 2020 we have all experienced the devastating effects that Covid-19 has had on our community, our economy and…

(NMC) — Marianas Creations is the latest business to sign on as a Northern Marianas College ProaPerks Partner, joining many other businesses and organizations. All card-carrying members of the NMC ProaPerks program can now receive $1 off each drink. The NMC ProaPerks program provides exclusive disc…

SINGAPORE (Reuters) — Oil prices rose for a second straight session on Thursday, as the possibility that OPEC+ producers might decide against increasing output at a key meeting later in the day lent support, alongside a drop in U.S. fuel inventories. Brent crude futures added 52 cents, or 0.8%, to …

HAGÅTÑA (Press Release) — BankGuam Holding Company announced that its board of directors declared a quarterly cash dividend of $0.10 per share for the holders of its common stock and a dividend payment to the holders of the Company’s 5.5% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Seri…

HAGÅTÑA (The Guam Daily Post) — A purchase agreement between subsidiaries of Gannett Co., Inc., and former Guam Lt. Gov. Kaleo S. Moylan, has been signed, according to a press release. Moylan will take over as owner of the Pacific Daily News and all of its assets in April. The Pacific Daily News st…

(Press Release) —  The Bank of Guam is proud to announce that Ashley Ardiente and Keiko Borja have successfully passed the Association of Certified Anti-Money Laundering Specialists or ACAMS examination, and are now fully licensed and certified anti-money laundering specialists. The ACAMS certifica…

(Press Release) —  Docomo Pacific, regional leader in innovation, telecommunications and entertainment, is the first telecommunications provider certified to offer Apple Business Manager and Apple School Manager eligible devices on Guam and the CNMI. Docomo Pacific continues to provide customers wi…

(Office of the Governor- Commonwealth Bureau of Military Affairs) — The CNMI Procurement Technical Assistance Center or CNMI PTAC has launched its online portal for client registration, program services, and business resources aimed to support the needs of Commonwealth businesses seeking to take ad…

DEDEDO, Guam (U.S Department of Labor) —  By deliberately misclassifying employees as independent contractors, a Dededo construction company attempted to avoid paying overtime when workers exceeded 40 hours in a workweek until a federal investigation uncovered the scheme. The U.S. Department of Lab…

(Press Release) —  Docomo Pacific, regional leader in innovation, telecommunications, & entertainment, delivers stronger network in the CNMI. Docomo Pacific network and field operations teams have been hard at work implementing significant network upgrades that offer enhanced coverage and redun…