Business

PIC Saipan reopens on Jan. 29

(Pacific Islands Club) — After months of waiting, PIC Saipan is ready to embrace the local community again on Saturday, Jan. 29, 2022! The reopening covers most of the outlets and facilities, including rooms, waterpark, Seaside Grill Happy Hour, Magellan Sunday Brunch, Isla Teppanyaki, and more! Al…
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Inflation-fighting Fed likely to flag March interest rate hike

WASHINGTON (Reuters) — The Federal Reserve is expected on Wednesday to signal plans to raise interest rates in March as it focuses on fighting inflation and sets aside, at least for now, economic risks posed by the ongoing coronavirus pandemic, a bout of market volatility, and Western fears of a Ru…
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Guam: Local H-2B guidelines being ‘revised’

HAGÅTÑA (The Guam Daily Post) — Guam-based companies seeking foreign workers for on-island jobs may benefit soon from new federal guidance that will “stimulate construction projects.” The expected improvement to the process of vetting and approving applications for an often-used work vi…
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Saipan Chamber of Commerce announces gala nominees

THE Saipan Chamber of Commerce will hold its 2021 “Cloaks & Tiaras” Business Person of the Year or BPOY annual fundraiser gala on Jan. 29, 2022 at the Kensington Hall. Covid-19 vaccination verification is required upon entry. The BPOY gala serves as the chamber’s largest annual fundraiser for i…
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A digital dollar is years away as Fed kicks issue to Congress

WASHINGTON (Reuters) — While the Federal Reserve’s paper on potentially adopting a central bank digital currency or CBDC will advance debate in Washington, its decision to kick the issue to Congress means an official U.S. digital dollar is still several years away. The U.S. central bank on Th…
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