GEDA eyes session for bond involvement - KUAM.com-KUAM News: On Air. Online. On Demand.

GEDA eyes session for bond involvement

Posted: Updated:

by Sabrina Salas Matanane

Guam - Watching this month's session proceedings closely and perhaps even participating if called upon is the Guam Economic Development Authority. If the bond is passed, GEDA would be the lead agency seeing the process through.

Guam Economic Development Authority Administrator Karl Pangelinan told KUAM News, "Looking at the timing, we're looking at the financing timing and take in account the ratings, presentations, the pre-marketing of the bond and work with our experts in terms of when to access the market, when is the best time to go in terms of anticipated rates."

Pangelinan says the agency has been consumed with the bond proposal but once its put to bed, they hope to refocus their efforts on actual economic development, adding the agency is looking at an aggressive fourth quarter scheduled with trade missions scheduled for example in the Southeast Asia region to attract foreign investment and development.

  • NEWS HEADLINESMore>>

  • Female files complaint against deceased priest

    Female files complaint against deceased priest

    Another clergy sexual abuse lawsuit is filed in the District Court of Guam. According to the federal complaint, J.E.L. alleges she was sexually molested by deceased Capuchin priest, Father John "Jack" Niland who was assigned to the Agat parish. J.E.L. doeMore >>
    Another clergy sexual abuse lawsuit is filed in the District Court of Guam. According to the federal complaint, J.E.L. alleges she was sexually molested by deceased Capuchin priest, Father John "Jack" Niland who was assigned to the Agat parish. J.E.L. doeMore >>
  • Governor declares state of emergency after flooding

    Governor declares state of emergency after flooding

    Governor Eddie Calvo has declared a “State of Emergency” for Guam as a result of flooding that has left roads and bridges impassible and island residents homeless. The Governor has activated the Guam National Guard to assist the Department of More >>
    Governor Eddie Calvo has declared a “State of Emergency” for Guam as a result of flooding that has left roads and bridges impassible and island residents homeless. The Governor has activated the Guam National Guard to assist the Department of More >>
  • Audit questions $50,000 in undeposited bus fairs

    Audit questions $50,000 in undeposited bus fairs

    An audit of the Guam Regional Transit Authority non–appropriated funds is questioning over $50,000 in undeposited bus fares. According to the report, GRTA has no accounting system of the funds, and lacks basic controls to "address typical risks to cMore >>
    An audit of the Guam Regional Transit Authority non–appropriated funds is questioning over $50,000 in undeposited bus fares. According to the report, GRTA has no accounting system of the funds, and lacks basic controls to "address typical risks to cMore >>
Powered by Frankly