Foreign Investment in Pohnpei. What is going on?
I remember years back when there were hard restrictions on foreign investment in Pohnpei. For example, retail of basic good was reserved for Pohnpeians. Now days I see retails stores poping around town selling all kinds of gods from food, clothing, car parts and owned by Filipinos, Chinese, Indians or Paquistanis. Were the foreign investment restrictions lifted? Do these guys have a local partner or wife? Does the government not care? What part does the foreign investment office plays? Now days they do not have a board and decision to aprove or not a business come from where? Just curious. I only see foreign business that take away from Pohnpeians. None that bring new money to the island. Am I missing something here?