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Arianas %Riet Yr;~ Micronesia's Leading Newspaper Since 1972 ~ F\VS Teno Cites Oct

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Arianas %Riet Yr;~ Micronesia's Leading Newspaper Since 1972 ~ F\VS Teno Cites Oct arianas %riet_Yr;~ Micronesia's Leading Newspaper Since 1972 ~ f\VS Teno cites Oct. rebate deadline But Gov. assures "We 're working on it," he said. Officials from DOF and the checks will be out Office of Management and Bud­ as soon as possible get, together with ·the governor's top aides, unveiled last February By Zaldy Dandan austerity measures expected to Variety News Staff rebuild the rebate fund. CITING Public Law 10-74, Gov. They said the administration Pedro P. Tenorio yesterday said expects $12 million savings from the government has until October the following: to release the rebate checks, but • Non-renewal of special con­ added that the administration "will tracts. see to it that the checks are out as • Improved control of payroll soon as possible." Pedro P. Tenorio expenditures. "We 're trying our best," • Utility expense reductions. Tenorio said. vealed, Tenorio assured taxpay­ • Travel reductions. "I want to assure the people that ers that the rebate checks will be • Leased vehicles and other ex­ the money is there," he added, released beginning May. pense reductions. "we know they need it and we 're However, he said yesterday, the Officials said the transfer of working to get it out." Department of Finance (DOF) $12 million to the rebate fund, As early as Febmary. when the should still meet certain legal re­ combined with the anticipated extent of the government's dis­ quirements before mailing the $24.5 million in rebate collec- mal financial state was first re- checks. Continued on page 19 . ... " . ' ·Guamman. · Gov't approves lease Flag-waving fan. Supporters of the Gutierrez/Borda/lo ree/ectionist -charged in .. tandem came in all sizes and ages during the campaign kick-off rally for c.able car project ·,murder case ' held Sunday in Hagatna. Photo by Eduardo C. Siguenza Leon Guerrero said yesterday. 1 Guerrero said the petition filed By Jacob Leon Guerrero [G1rt;;i=~;~~~p i~~~~h~s ! by the Saipan Leisure Corp. Variety News Staff (SLC) was granted "subject to HAGATNA, Guam - A resi­ !:I gubernatorial campaign ;. them coming up with a proof of dent of Agat is facing charges of ; i By Sara Grant their financial standing." first degree murder and kidnap­ lj Variety News Staff "We want to make sure that ping for his alleged participation t ! HAGATNA, Guam--Govemor Cm·! Gutien-ez kicked-off his guber­ it's something that's milly go­ in the killing of Joseph Alig, Jr. i ; nato1ial campai/;.'11 Sunday, in an vacm1t Jot off Mmine Drive, with ing to happen," said Guerrero. In addition, Sandy Francisco :·! volunteers from each village providing tenl~ m1d food for severd.l "We don't have a problem Pangelinan was charged with hin­ r ' tl,ousands of people. with it. It's revenue-generating dering apprehension by Guam Local, ,L<; well as off-islm1d musical groups provided ente11ainment and as far as the actual activity is government prosecutors. a film crew W,L~ on hand for the making of a campai[;.'11 commercial. concerned,'' she added. The case was filed in the Guam Bertha Leon Guerrero l11e Govemor, who said that 15,(XX) people were in attendance, She said it was the first time Superior Court last June 4. addressed the crowd. In ,m interview, he said he w,L~ completely By Jojo Dass that the division has entertained Alig was last seen alive last Jan. ove1whelmed with the turnout. Variety News Staff a request for a cable car service. IO and had since been missing. "I told them I appreciate tl1eir sincere tl1m1k-you. Tex.lay, you sec the GOVERNMENT has approved According to her, some 3,000 His body, with a gunshot wound rX?ople v,ho,u-c feeling the tough decisions we have 111ade.'I11ey know we in the forehead, was found last a plan to install a hanging cable square meters of public land kept the promise we made in I 994 that it w,L~ going to be a gm~s-rool~ Feb. 6 along Agat/Umatac Road, car service that will glide will be leased to the company, campaign, he added. it was reported. through from atop Suicide Cliff which is being represented by a Gutien-ez said tl1e unemployment rate is up from six to nine percent Court documents indicated that down Banzai Cliff in Marpi, Korean national. Continued on page 20 Public Lands Director Bertha c-ontinueaon page 19 Contini1ecf ori-page-19 Imported commodities to Stayman arriving on Friday By Mar-Vic C. Munar Stayman will be here for a NMI steadily increasing · Variety News Staff four-day visit, Schorr added. By Aldwin R. Fajardo Focx.l stuff, cig~u-cttes, automobile INSULAR Affairs Director In a separate interview with Variety News Staff pm1s, household appli,mce and build­ Allen P. Stayman will arrive on reporters, Gov. PedroP. Tenorio IMPORTED commcx.lities to the ing mate1ials steadily inc1-eascd be­ Saipan this Friday to meet with sai<l the CIP issue would be ·1 Northem Mariana Islands registered tween 1991 mid 1996,accordingtoa local officials and discuss fed­ · among the things he would dis­ :I m1 upward u-end since 1991, reaching 1-cpo11 from the statistics division. eral related issues affecting the cuss with Stayman. $551.2 million in 1996, records from n1e value of peu·oleum impo11s CNMI, OIA Field Representa­ Washington Rep. Juan the Department of Commerce dropped to $65.3 million in 1996 tive to CNMI Jeff Sch01T said Babauta says the CNMI has an showed. from the previous yem·'s $70.42 mil­ yesterday. outstanding CIP money that re­ The Central Statistics Division lion, while food impo11s ,tlsodeclined "It is part of Mr. Stayman's mains idle. noted that the value of major impo11 by mrn-e than $5 million dming lhe period visit He will meet with CIP Program Coordinator Tom Bussanichearlierreminded commcx.lities consistently rose from same pericx.l. local and federal officials but the CNMI to prepare a master $392.2 million in 1991 hitting the Cigarettes and ot11ertobacco prcx.l­ the schedule is tentative," page $500 million mark over five years. Conti n ued on page 20 Schorr said. Allen Stayman Continued on 2-0 "' 2-MARIANAS VARIETY NEWS AND VIEWS-TUESDA Y_:Jl)_r:-!_E .2._,J_998 ------------------------ __ _ TUES DA y', JlJNE_9, 1998 -rv!ARI.A.NAS VARIETY NE_WS_AN_I:> VIE~S] Yen dips to 7-year low According to House Ways & Means chair: who have sold yen to shift money into trn,; about the outlook for Japan's $16M TOKYO (AP) - ll1c U.S. doll,u­ dollarsenlcdat 139.75yenonFtiday. Also suppor1ing the U.S. cun-ency Revenues down by broke through the 140-yen level for ll1edollarcrossed the 140-yen line w,l~ tl1c diminishing likelihood the more robust m:u-kets in tlie United economy. By Zaldy Dandan $6million. revenue collections, the ~ovemment they don't need," Reyes said. slightly lesser funding levels com­ the first time in seven yc,u, and for the first time in thin weekend Group of Seven indusuialized nu­ Stat~s ,md Em ope. TI1eTokyo Stock Price Index of Variety News Staff "My worTy," Reyes said. "is that is still within it, t:u·gct c;f $240 mil­ 'Il1c committee. he added. is al­ pm-ed to what they received in FY showed no signs of slowing in morn­ tr:tdirn! Sunday in New York. tions wi II make a strong statement On the Tokyo Stock Exchange. all i,sues listed on the first section THE GOVERNMENT'S r-evenues this $6 million is for Aptil or May, lion. most through with iL, teview of the I 998, which ends on Sept 30. ing tr:1ding in Tokyo on Monday. Tiie' do! I.u··; ,;ucngth spr~mg from criticizing tl1c cwrent doll,u· level, the 225-issue Nikkei Stock Aver­ was down 3.43 points, or 0.29 may be $16 million less than ex­ (m1c.l if we add that to the$ I Omillion) 'The projections :u-e very favor­ adminisu,1ti;:;11 's FY I999 budget pro­ Tiic la,tCNMI budget passed by percent. to I, I 98.5 I. The TOPIX Jap,mcse stock prices slipped. fresh evidence of a robust U.S. ~ .. tuer"S S,lid. age edged do\Vll 26.03 points, or pected, but collections may still im­ govcmment revenues will be do\Vll able," Reyes said. posal. the Legislature was the $247 mil- llie dollar bought 140.69 yen at economy aftcrthe Lalxir Dep,u1men1 Ot1ici.~s fromthcG-7-tlic United 0.17percent, to 15,297.40attl1eclosc closeJ down 5.56 point~. or 0.46 prove in die next few months, the by$ I 6 million." Meanwhile. the House Ways ,md Gov. Pedro P. Tenorio em·Jy l,L~t 1ion appropriations for FY 1997. miJJay, up I .27 yen frnm late Friday reprn1cd on Ftiday the nation's un­ Stales,] ap,m. Gc11mu1y. Italy, Cmad:L of tlie morning session. On Ftiday. percent. chair of die House Ways and Means "ljusthopethatthe ac.lminisD,1tio11 's Means Committee has completed it, month subn1ittcd to the Legislature a Saying that the financial fig­ in Tokyo ,md its highest point since employment rate held to a 28-yc:u·­ Britc1in ,md fomce - :ui.: scheduled the average lost I 03.04poinl'i.or0.67 Mc,mwhile, the yield on the bench­ Comminee said yesterday. $240 million t-evenue projections (for discussions widi executive depatt­ $240 milli:m budget proposal. which ures submitted by the then Demo­ m,u·k No. 182 I 0-ycar Jap,mese gov­ June 20.
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