By: L.N. Reklai KOROR, Palau — President Surangel Whipps Jr. signed legislation this month extending the operation of Palau’s temporary Open Ship Registry management contract, using a rider attached to the country’s new cybersecurity law rather than a standalone bill. Procurement Officer Nabeyama testifies before OEK regarding the status of Palau Open Ship Registry bid […]
Tag: OEK
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Senate Rejects Elite Visa Bill After House Adds More Than $8 Million in Budget Riders
Lawmakers call for supplemental budget review, say appropriations deserve separate scrutiny By: L.N. Reklai KOROR, Palau — “It is our duty as elected representatives to properly scrutinize and address any budget appropriation, rather than just rubber stamp a bill,” Sen. Seigfried Nakamura said as the Senate voted to reject a House-amended version of the Elite […]
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OEK urged to put more money to fight coronavirus
The Ministry of Health (MOH) on Wednesday urged the Olbiil Era Kelulau (OEK) to pour in more money to the efforts of preventing the coronavirus from coming to Palau. MOH Minister Emais Roberts in an interview said it would need more resources to “prepare for the worst.” Adequate funding is needed for the continued health […]
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OEK sends $97-M budget to President, $4.7-M increase over President’s proposed budget
With 2 ½ weeks left of FY 2019 fiscal year, President Remengesau Jr. announced on Wednesday that he had just received the FY 2020 Unified Budget from Olbiil era Kelulau. In his statement to the press, Remengesau expressed that it will take them couple of days to review the budget before taking further action, noting […]
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All beverage containers redeemable at recycling centers starting Aug 5
All beverage containers can be redeemed at recycling centers starting August 5, 2019. Beverage containers can be deposited at the recycling center at 5 cents per container regardless of size. The amended Palau National Code Chapter 16, Title 11 expanded the definition of “deposit beverages” in accordance to RPPL 10-31 eliminating the thirty-two-ounce (32oz) limitation […]
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OEK seeks amendment in pension plan
A bill was introduced last month to amend civil service pension plan stating that with the current rate of contributions the fund will be in negative fiduciary net position. The OEK suggests that by 2022 at the current contribution levels the value will be negative creating a growing concern which needs addressing in order to […]