Business

(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…

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…

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…

LONDON/DUBAI/MOSCOW (Reuters) — OPEC+ will probably stick with a planned increase in its oil output target for March when it meets on Wednesday next week, several sources from the producer group said, as it sees demand recovering despite downside risks from the pandemic and looming interest rate ri…

McDonald’s Saipan on Tuesday donated $1,000 to the Saipan Chamber of Commerce 2021 Business Person of the Year Gala that will be held on Saturday, Jan. 29, 2022 at Kensington Hotel. In the picture are chamber president Joseph Guerrero, center, McDonald’s executive assistant to the presi…

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…

TurnKey Solutions, a company that provides custom software applications and creates website design, on Tuesday donated $3,500 to the American Red Cross-NMI Chapter gala that will be held on Feb. 26 at Kensington Hotel.

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…

(MVA) —  According to the Marianas Visitors Authority, arrivals to  Saipan, Tinian and Rota grew 1250% to 2,390 visitors in December 2021, compared to 177 visitors received in December 2020. While  the figure   shows  a  marked recovery in arrivals   as  a  result   of the Tourism Resumption  Inves…

WASHINGTON (Reuters) — The Federal Reserve may not raise interest rates until March, but officials’ tougher language about inflation is already kicking in, with borrowing costs rising for everyone from homebuyers to the federal government and stock markets kicking off the year deep in the red…