Reported by Star-Bulletin staff & wire
Monday, May 27, 1996
Reported by Star-Bulletin staff & wire
Monday, May 27, 1996
The new rules, adopted earlier this month by the state Public Utilities Commission, spell out how GTE Hawaiian Tel will resell certain technical services to competitors. The rules, which take effect June 3, also address several other statewide telecommunications issues.
Competition likely will lower prices for consumers and give them new service choices, Cayetano said after approving the rules last week.
Several firms already have announced plans to compete with Hawaiian Tel, the current monopoly provider of most local phone service.
Retail prices for hamburger, steak, roasts and other beef products are at their lowest level in five years because of a 10-year high in cattle production and a 10-year low in cattle prices, according to the National Cattlemen's Beef Association.
"Consumers will have the opportunity to have some very good buys over the next six to 12 months," said Chuck Lambert, an economist with the beef association.
The average price for six cuts of beef was $3.01 a pound in April, compared with $3.19 a pound in April 1991, the NCBA said. Regular ground beef, the cheapest cut, was $1.40 a pound. T-bone steak, the most expensive cut, was $5.77 a pound.
On Memorial Day, the largest beef-consumption day of the year, Americans are expected to consume about 64.2 million pounds of beef, about 25 percent more than the average daily consumption, the NCBA said.
The power company would proceed with the nuclear power plant project despite a Friday vote by Taiwan's parliament to cancel the project, said Liu Hung-chi, a Taiwan Power deputy director.
"Unless the cabinet gives orders to stop the project, we will continue to proceed it," he said yesterday. Taiwan's parliament voted to cancel the project by a 76-42 margin, but the ruling Nationalist Party said Friday the cabinet would ask it to review the case again.