Business

An increase in the CPI means an increase in the costs of the commodities purchased by CNMI households. This means that since 2000, the base year, the value of the dollar in the CNMI has shrunk each year. Of the nine basic categories used for measuring the consumer price index in the CNMI on a quart…

These include retrofitting or existing parking light to light emitting diode or LED lamps for Saipan, Tinian and Rota. All bids are required to be in by 10 a.m. tomorrow, May 12. Another project is for the delivery, supply and installation of solar powered LED for school zone and pedestrian crosswa…

Variety learned from most of the stall owners of arts, crafts and other items that aside from a few toys and trinkets, business was “kind of slow.” Matty, one of the vendors who sold balloons and small toys for children, said  the priority of the people at the festival is to eat. “Most of the visit…

He said the findings do not represent the CNMI or speak for the whole commonwealth. He was “shocked” that no draft copy was provided to the CNMI government in advance, just like the other Government Accountability Office reports submitted to the U.S. Congress. “The Department of Commerce would have…

Bridge Capital, LLC is an international investment banking firm which specializes in real estate secured lending, distressed debt acquisition and restructuring, equity and debt placement, and investment management services. Bridge Capital office manager and senior asset manager Lisa M. Frederickson…

Billboards erected on the streets to announce and welcome the visitors to the event were smaller and fewer, and guests from neighboring islands were only a handful. But sales of food vendors those who sold arts and crafts did well during the festival despite the fewer number of visitors compared to…

Zhiming Liu, president of Sterling Corporation which is doing business as Spa Verde, said that they are the first spa to use all organic products. Liu said he does not see the global economic depression as a reason put aside efforts to establish more businesses and improve the existing ones to surv…

A lot of residents are buying stuff from online stores but not all stores deliver here. Some stores who do will charge you more than what the item costs. One office employees said he tried ordering a USB worth $7.50 from one of the online stores and discovered at checkout that the shipping will cos…

These gift shops and souvenir stores thrive on tourists to keep their businesses open, but  tourists are looking at spending their vacations somewhere else where there are bigger malls with more attractions. You see majority of these gift shops everyday with only the sales clerks and cashiers insid…

“The numbers are going up in the lawsuits that the AG’s office are filing as we receive complaints from consumers and as our investigator goes around doing random checks in the stores,” CNMI Attorney General’s Office consumer counsel Mike Ernest told the Variety yesterday. The violations included s…