AGP Executive Report
Last update: an hour agoDisaster Recovery Funding: FEMA says more than $52M in federal disaster assistance and loan offers has been committed to CNMI after Super Typhoon Sinlaku, with 12,136 households applying and $32.3M approved as recovery shifts from emergency response to rebuilding the economy. Unemployment Aid Hurdle: CNMI’s Disaster Unemployment Assistance is still under federal review because the territory lacks its own unemployment insurance system, forcing officials to build a new software and processing framework before benefits can be released. Water Infrastructure: CUC is seeking CPUC approval to buy $2.2M in ultrasonic water meters to replace about 2,500 failed units across Saipan, Tinian and Rota, citing corrosive groundwater that breaks down mechanical meters. Tourism Experience Push: The Marianas Visitors Authority unveiled a concept to transform Saipan’s historic Japanese Lighthouse into a visitor and cultural experience center, calling for business and community partners to shape the next generation of tourism. Local Business Moves: Guam’s Dr. Paul Coty opened a new medical oncology practice at Tumon Sands Plaza, aiming to expand accessible cancer care. Holiday Business Ops: SBA Business Recovery Centers on Saipan will close Friday, July 3 for the Independence/Liberation Day holiday, while online disaster loan applications remain available. Regional Trade & Markets: OECD/FAO projects the Philippines will stay the world’s No. 2 pineapple exporter through 2035 as China demand grows. Fisheries Allocation Questions: The Uraali Refaluwasch Association is asking WCPFC22 how CNMI will benefit from fisheries programs and clarifying CNMI’s role in the territorial bigeye tuna allocation. Weather Watch: Invest 95W is organizing near the Marshalls with models nudging toward Guam and the Marianas, but no cyclone watches or warnings are in effect for Guam.
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