Business

57 percent dip in 2009 imports

Imports included petroleum, oil, lubricants, cement, garment, food items, construction materials, beverages, and others. This was based on the 2009 report from the Port of Saipan, Commonwealth Ports Authority submitted to the CNMI Department of Commerce. The CNMI’s imports have been steadily declin…
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Remittance continues downward trend

Now, Li Yuen said he can barely send $100 a month “because everything went up” — house rent, gasoline, food, clothing, utility —  except his income. “Few people use the taxis nowadays, even on weekends, unlike before when garment factories were still operational,” he said. Jung Ji, another taxi dri…
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A new hope for small businesses

SBDC’s newly hired director, Gary A. Liddle said the re-establishment will “re-acquaint” businesses with the services and assistance the center offers. Liddle said the open house, slated from 9 a.m. to 12 noon, is a result of a partnership between  Commerce, the Commonwealth Development Authority, …
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Funding opportunities for renewable energy-related businesses

USDA Area II director for Rural Development Joseph M. Diego said during last week’s workshop for small businesses that farmers, ranchers and rural small businesses that have energy projects can apply for financing capital under the Rural Energy for America or REAP program. “REAP provides guaranteed…
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No safety net for pawnshops when buying stolen items

Pawnshops have no safety net against accepting stolen items because they cannot ask customers outright if the items they brought for sale or pawn are stolen. Saipan and Northern Islands Municipal Council chairman Ramon B. Camacho stirred the pot when he raised concerns that 24-hour pawnshops may on…
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25% of work permits are for hotel, food industry

This number, based on the records of the CNMI Department of Labor, includes new work permits, amended permits, duplicates, extensions, renewals, transfers, and others. The department issued the highest number of work permits to foreign workers under “other services”  category,  4,412 work permits o…
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McDonalds, Red Cross Share-a-Meal update

Avail of promo value meals for the four Saturdays of June — 5, 12, 19 and 26 from McDonalds outlets and attach the free tickets to your receipts with a minimum $15 purchase for a chance to win attractive prizes in the raffle draw which will be held at 3 p.m. on June 26. The Saturday promos at the M…
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NMI businesses turn to online advertising for exposure

For the past several years, there has been a rapid rise in Internet users from all over the world covering all age groups. In fact, the Internet has become a major means of communication and is projected to surpass the traditional means of advertising. While some establishments said they do not adv…
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Friendship Enterprises expands value-added services

Friendship Enterprises Inc., a diverse company that offers all various services from insurance and office management services, can do the work for you and spare you from all the hassles of going through the document preparations yourself. General manager Ellen Espiritu said that as part of their ef…
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Marianas Eye staffers complete Red Cross lifesaving training

Marianas Eye chief executive officer Russ Quinn said  the staff completed the training in cardiopulmonary resuscitation, or CPR, and automated external defibrillation, or AED, under Red Cross instructor Lucio Aldan. Quinn said in his e-mail that the crucial training prepares the staff of the Marian…
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