Regional

A people’s stimulus

They know of “what goes on” and what needs to be done to keep in pace – they certainly know of economic stimulus projects and have a beautiful jetty to show for.  However, they did not know of an “economic stimulus payment” and graciously welcomed presidential candidate Johnson Toribiong and his ru…
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Koshiba says no formal invite from Remengesau yet

Last week, Koshiba said he will take on the president’s invitation to face him in an attempt to clear issues surrounding the extension of contact of Pacific Savings Bank (PSB) Investigator Lewis Harley and the ongoing investigation on the collapse of the bank.Koshiba said he will be waiting for the…
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Palau experiences heavy rains

According to the National Weather Service, Palau was encountering variable winds of five to 10 KT combined seas of three feet.The forecast said that the winds brought cloudy skies and isolated showers.The forecast further added that from Tuesday night through Friday. Palau will be hit with Southeas…
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Forensic expert examines Doktok’s crime scene

Vice President Elias Camsek Chin in an interview yesterday said that the forensic officer conducted an investigation at the crime scene last week but he has not been brief yet of the result of the investigation.“ There was a forensic investigation last week, the officer examined the crime scene but…
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Senate defers passage of COLA increase

Senate Bill No. 7-253-SD1 was calendared for third reading in last week’s session of the Senate.The bill was earlier introduced by Sen. Hokkons Baules who recommended that the COLA be increased in response to high energy prices.The bill said in developing a plan and schedule for the COLA, lawmakers…
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Foreign banks reinvestment eyed

House Bill No. 7-128-7 intends to create a cycle of investment that will spur further economic growth and bank deposits.The bill has been approved in the HOD and was submitted to the Senate for action.The current law  under the Financial Institution Act of 2001 mandates that the banks extend credit…
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Appellate Court upholds trial court ruling

The trial court earlier dismissed the civil action suit filed against OMC.In 2007, PSB filed a complaint against OMC to enforce payment on a debt.The trial court however, issued an order dismissing the case with prejudice on the basis that it lacked subject matter jurisdiction.The trial court in it…
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SP nominee to be announced this week

President Remengesau told reporters he has reviewed applications sent to him and will come with a “possible nominee this week.”He said that there were about seven applicants for the position.The president said that the applicants included hopefuls outside Palau.The position was left vacant since Ma…
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Man arrested for DUI, reckless driving

Bureau of Public Safety Patrol Division Chief Ismael Aguon said that they conducted a checkpoint at the Ngarachamayong Cultural Center area in Koror on July 23 at 10:45 p.m. Aguon said a vehicle came through the checkpoint and was observed driving in an unsafe manner. The driver was questioned and …
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