AGP Executive Report
Last update: 5 hours agoTravel and Tourism: DHS will suspend the CNMI’s visa-free entry program for Chinese visitors effective Oct. 31 locally, citing security and law-enforcement risks. Visitors will need U.S. visas, raising concerns for tourism businesses; Delegate Kimberlyn King-Hinds says she is working to restore the program. Air Links: Philippine Airlines has resumed direct Manila–Saipan flights after months of delays following Super Typhoon Sinlaku, restoring a convenient connection for visitors, residents and business travelers. Power Costs: The utilities commission is weighing Eastern Solar’s proposed 25-year deal to supply power at 18.5 cents per kilowatt-hour, as residents and businesses push back against CUC rate hikes. Commissioners are aiming to decide by Thursday, ahead of the developer’s Oct. 31 financing deadline. Investment: CNMI Investment LLC is seeking a 25-year tax break to develop a Saipan supplement and pharmaceutical facility, with executives projecting production could begin within 18 months. CEDA board members questioned the proposal’s tax exemptions and $30 million seed fund.
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