GIFF JOHNSON It would take a Herculean effort by the Marshall Islands Shipping Corporation and copra makers to hit the 7,000 ton mark by the end of the fiscal year September 30. Four weak months of copra deliveries to the Tobolar Copra Processing Authority in Majuro put the nine-month total tonnage at 4,480 tons, according […]
The Marshall Islands Compact Trust Fund had over $1.3 billion in it as of last week. The trust fund is divided into three separate accounts, according to Finance Minister David Paul, who provided the update on the fund amount. He said Account 1, which is the originally capitalized account under the second Compact funding agreement, […]
A team from the Ernst & Young audit company hit town last week to run a one-day accountability workshop with Marshall Islands government finance-related staff from multiple ministries and agencies. The program, held at the Marshall Islands Resort’s Melele Room, was packed with participants who heard from top EY audit executives with updates on government […]
KAREN EARNSHAW Marshallese tuned in and turned up to watch the first ever international soccer event hosted by the Marshall Islands Soccer Federation last week in Arkansas with social media lighting up on the topic. Springdale’s Albious Latior wrote: “The Marshall Islands made history last night as they played their FIRST EVER international football match! […]
P1 Theft denied: Commercial Bank closes to wait for cash transferThe Marshall Islands First Commercial Bank has temporarily closed its doors due to a run on the bank caused by rumors of theft of the bank’s funds, Jeffery Yieh told the Journal August 17. “The bank just stopped opening to the public but has not […]
FLOYD K. TAKEUCHI Christopher Jorebon Loeak, a former president of the Republic of the Marshall Islands and an Iroojlaplap, died on the afternoon of August 8 in Honolulu, Hawaii, where he had been under medical care. He was 72. Loeak served as the Marshall Islands’ fifth president (and seventh including those who served as acting […]
GIFF JOHNSON The well-known local group AIM Band organized a music camp for a month starting in July. The camp was for children generally in the elementary and middle school age group, with most of the kids in the 8-12 age range. The band members led the music camp three days each week much to […]
Representatives from the Ministry of Finance’s Division of Customs, Treasury, Revenue and Taxation, along with officials from the Registrar of Corporations for non-resident domestic entities, traveled to Paris in early July to defend the RMI’s interim report on the implementation of the Organization for Economic Cooperation and Development Common Reporting Standard. The Common Reporting Standard […]
The Ocean Exploration Trust (OET)’s exploration vessel Nautilus started its exploration of deep-sea habitats throughout the Marshall Islands in collaboration with the Marshall Islands Marine Resources Authority and other partners earlier this month. Funded by NOAA Ocean Exploration via the Ocean Exploration Cooperative Institute, this expedition will map and explore poorly known deep-sea habitats to […]
Journal 8/9/1982 P1 Senator Imada Kabua criticizes Kwaj treatmentSenator Imada Kabua on August 6 blasted the government of the Marshalls for not recognizing the duly elected Kwajalein Atoll Corporation leaders and accused the government of trying to split up the Kwajalein people by siding with a newly formed committee which he called “Ten-Ten,” a committee […]
