Business News

ATKINS Kroll, joined by CNMI officials led by Gov. Arnold I. Palacios and Lt. Gov. David M. Apatang, broke ground Friday  on a $23 million Toyota Lexus showroom and service center on Middle Puerto Rico, Saipan. “We have been in the Northern Marianas for 55 years and we have ups and downs like any b…

(Reuters) — Startup-focused lender SVB Financial Group became the largest bank to fail since the 2008 financial crisis on Friday, in a sudden collapse that roiled global markets, left billions of dollars belonging to companies and investors stranded. California banking regulators closed the bank, w…

(Special Advertising Feature) — Hanmi Professional Services is excited to announce the launch of CNMITax.com, a new website that enables CNMI residents to prepare their personal income tax returns (1040CM) online for the first time. This marks a significant milestone in the region’s tax prepa…

WASHINGTON (Reuters) — The Federal Reserve will likely need to raise interest rates more than expected in response to recent strong data and is prepared to move in larger steps if the “totality” of incoming information suggests tougher measures are needed to control inflation, Fed Chair…

HONOLULU (BoH) — Bank of Hawai‘i is the highest ranked Hawai‘i company on Forbes’ list of “America’s Best Midsize Employers” at No. 70 among 500 U.S. companies. In the banking and financial services category, Bank of Hawai‘i is the 5th highest among 48. Forbes partnered with market research firm, S…

(NMC) — The CNMI Small Business Development Center at Northern Marianas College’s Tinian Campus is excited to announce its first-ever Small Business Night on Thursday, March 9, 2023, from 5 p.m. to 8 p.m. at the Fiesta Grounds, Tinian. The event will showcase both seasoned and upcoming local entrep…

NEW YORK (Reuters) — Investors searching for safer areas in the U.S. stock market are finding that traditional shelters that held up in last year’s selloff, such as consumer staples, utilities and healthcare, may be more problematic this time. After rebounding sharply in January, the benchmar…

Smiley Cafe & Playland is the latest company to sign on as a Northern Marianas College ProaPerks Partner, joining many other businesses and organizations. More information about their special promotion for ProaPerks card holders can be found at www.marianas.edu/proaperks/. (NMC) — Smiley Cafe &…

ATKINS Kroll Inc. or AK, an Inchcape Company, celebrating 55 years of service in the Commonwealth of the Northern Mariana Islands, announced its selection of a construction partner for its new Saipan AK Toyota Lexus Automotive Sales and Service Center and Vehicle Repair Shop in Puerto Rico, Saipan.…

The CNMI Small Business Development Center at Northern Marianas College recently hosted a free training opportunity on exporting, and invited licensed business owners who are looking to start exporting their own products. The session covered basic exporting knowledge to help grow participants’…