Business

Cebu Pacific all set for its first U.S. flight with cheapest rate of $40

Cebu Pacific all set for its first U.S. flight with cheapest rate of $40

Finally, every Juan meets Uncle Sam! Manila, Philippines – Cebu Pacific will finally soar high for its first U.S. debut flight bound to the Island of Guam on March 16, 2015. On their press release, November 25, the Cebu Pacific Management announced that they are going to have four (4) flights for the route Manila-Guam […]

Guam Marks All-Time High inTourist Arrivals

Guam Marks All-Time High inTourist Arrivals

The Fiscal Year of 2015 is definitely a great year for Guam Visitors Bureau or GVB and the beautiful Island community, as it marks the all-time high in tourism arrivals after nearly twenty (20) years, with 1,372,531 Million visitors recorded since 1998 and now became the second highest in the history of GVB tourism arrivals […]

Private Sector-Led Business Roadshow to Showcase PH as Asia’s New Emerging Tiger

WASHINGTON, D.C.—With growth rates of 7-10% possible in the next decade and an HSBC Global Research Report predicting the country to be the 16th largest economy in the world by 2050, a private sector business delegation from Manila is set to showcase the Philippines as Asia’s new emerging tiger. On 19-23 October, Ambassador Jose L. […]

PH Inflation eases to lowest level of 0.4% in September

MANILA, Philippines – The Philippine Statistics Authority reported Tuesday, Oct. 6 that headline inflation rate recorded its lowest level, easing further to 0.4 percent in September 2015 from 0.6 percent in the previous month and from 4.4 percent in September 2014. “We expect the current low inflation environment exhibited in the first nine months of […]

Women-Owned Business Gets a Nod from Guam PTAC Program

Charge up Women! The Guam Procurement Technical Assistance Center will hold another workshop this coming October 29, 2015, for Woman-Owned Small Business or (WOSB) and getting a certification from the U.S. Small Business Administration or SBA. The forum will start at exactly 9 am and will be held at room 112, University of Guam School […]

NRG Renew Completes Guam’s First On-Island Solar Facility

Finally, Guam is moving towards green energy as NRG Renew LLC, a wholly owned subsidiary of NRG Energy, Inc. in conjunction with the Guam Power Authority (GPA), that the Dandan Solar Project, a 25.6-megawatt (MW) solar project on the island of Guam, is now online. As the largest solar facility on the island, with more […]

Volkswagen reveals recall plan for 5M diesel vehicles

FRANKFURT – The German automaker Volkswagen on Tuesday announced that it would recall up to 5 million diesel vehicles that are involved in an emissions cheating scandal. According to a statement issued by the company, customers of the affected vehicles will be informed in weeks and months and the emissions characteristics will be corrected. The […]

Fitch Ratings lifts PH outlook to Positive

Manila – Fitch Ratings improved its outlook on the Philippines’ credit rating, which went from “stable” to “positive.” The country’s current rating of BBB-, which is the minimum investment grade, is very likely to be upgraded soon. Fitch cited better governance under the Aquino administration that has led to the economy’s improved competitiveness. According to the credit […]

SBA Guam Announces Training-Workshops for October 2015

The Small Business Administration Guan in partnership with Guam Small Business Development Center (SBDC), will be conducting training-workshops for small business owners this October. How to Start a Business This workshop will help individuals learn everything they will need to get started, including an introduction to business plans and the importance of preparing one; exploring […]

Leddy steps down as Guam Chamber executive

HAGÅTÑA – David P. Leddy has resigned as President of the Guam Chamber of Commerce effective October 7, 2015. Vice President & Chief Operations Officer, Catherine S. Castro has been named interim president effective immediately. “Catherine has been with the Chamber for over 19 years in total and we are confident in her ability to […]