Business

MVA: Close to 7,000 visitors in May 2022

(MVA) —  According to the Marianas Visitors Authority, arrivals to Saipan, Tinian and Rota grew 1,386% percent to 6,939 visitors in May 2022, compared to 467 visitors received in May 2021. The figure is an overall decrease of 82% from 38,262 visitors received in May 2019, but is also the highest mo…
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Jackie Marati retires from Bank of Guam

HAGÅTÑA (BoG) — With the Bank of Guam since 1999, Jackie Marati first joined the Bank’s Corporate Banking Group.  Since then, she has held positions of Special Assistant to the President for Tony Leon Guerrero before heading the Bank’s Marketing,   Human  Resources,   Communications   and  Public  …
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SHRM meeting to discuss CNMI Labor regulations

(Press Release) —  SHRM CNMI Chapter will host a general membership meeting in the Regency Ballroom, Hyatt Regency Saipan on Thursday, June 23,  starting at 12 noon. Doors will open at 11:15 a.m. Jacqueline A. Nicolas, administrative hearing officer at the CNMI Department of Labor, will be discussi…
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Explainer: Why is there a worldwide oil-refining crunch?

(Reuters) — Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and industrial production. Prices were already elevated before Russia invaded Ukraine on Feb. 24. But since mid-March, fuel costs have surged whi…
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Philippine central bank to raise rates: poll

(Reuters) — The Philippine central bank will raise rates by a modest 25 basis points for a second straight meeting in June, opting to move more slowly than its global peers in an attempt to cool soaring inflation, a Reuters poll forecast. With the economy in the Southeast Asian nation recovering sm…
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