Marshall Islands social media was atwitter last week with stories about an attempted armed bank robbery in Majuro aborted by national police intervention. But while there was a gun, the Bank of Marshall Islands Uliga branch turned out to be a conveniently located hideout for the gun, not a target for robbery, said Marshall Islands […]
Journal 4/11/1975 P13 Ponape Legislature approves salaries Ponape District Legislature passed a bill last week setting salaries for the lawmakers annually at $6,000 and $7,000 for the speaker. While legislature observers feel the bill has a good chance of being accepted by Distad Leo Falcam, Falcam’s number two man Bermin Weilbacher said the chances of […]
GIFF JOHNSON The Bank of Marshall Islands — and the RMI in general — is facing the threat of losing all connections with US banks, links that allow thousands of individuals, businesses and government agencies to carry out routine financial transactions. This threat to BOMI and the RMI economy stems from enforcement by the US […]
Bank of Marshall Islands celebrated 33 years of operations last Thursday with dancing, a huge cake and by giving away local products from Tobolar and RRE. Ebeye branch manager and Vice President Hermai Makroro marked the occasion by announcing that next year would see the start of construction of the bank’s proposed new bank building […]
