Marianas Business Journal

Airports in the Micronesia region are looking at updates, upgrades and modernization as they work to find the balance between functionality, safety and the facilities and services that many travelers have come to expect from a modern airport.

A public hearing on Bill 329-37 seeking to establish clear guidelines for relationships between real estate brokers, salespeople, and clients, emphasizing the need for written agreements, was held on Thursday, Sept. 5. The bill would require all real estate transactions to have a formal written agreement. This agreement must specify the commission terms, expiration date, cooperation with other brokers, and a cancellation clause, providing clarity for all parties involved. #Guam #GuamPublicHearing #RealEstate #GuamRealEstate #RealEstateonGuam

Volume two of Guam’s Broadband Equity, Access, and Deployment Initial Proposal Funding Request was approved by the National Telecommunications and Information Administration on Aug. 23, giving the government of Guam’s Office of Infrastructure and Policy Development access to $155 million in funding to improve the island’s communications infrastructure and to make internet access more accessible. #Guam #IslandLife #GovGuam #Telecommunications #Internet

The Department of Public Health and Social Services has approved two additional schools for in-person learning after recent health and sanitation inspections. Jose Rios Middle School in Piti and Pedro C. Lujan Elementary School in Barrigada were deemed ready to reopen on Tuesday, September 3. The announcement was made by the office of the governor of Guam in a release, on Friday, August 30. #Guam #GovGuam #GuamPublicSchools #DPHSSGuam #InPersonLearning

Guam and American Samoa join the membership of the Pacific Island Forum after years of observer status.🇬🇺🇦🇸 The announcement came shortly after the 53rd PIF Leaders Retreat during the August forum held in Tonga, according to Guam and American Samoa governor’s offices.

While Guam has seen its fair share of construction companies heading for the island, a ship repair company is a novel organization to open an office with the intent of doing business. Marunda Private Ltd. shared its aims at a reception at the Hilton Guam Resort & Spa on Aug. 29. Established in 1985, with its headquarters in Singapore, the woman-owned business has opened an office in the International Trade Center in Tamuning. #Guam #BusinessinGuam #WomenOwnedBusiness #ShipRepair #HiltonGuamResort

The incoming general manager for MB Capital Corp.’s hotel in Garapan is elated at the prospect of upgrading the Hyatt Regency Guam property. Gloria C. Cavanagh told the Journal the team has plans and is ready to begin. Saipan Portopia Hotel Corp., the outgoing leaseholder, will cease operations on Aug. 31 and had asked the Department of Public Lands in July to approve assignment of the land lease contract to MB Capital. MB Capital will take over the lease and begin property renovations. #Guam #HyattRegencyGuam #HyattRegencySaipan #Tourism #Hotel

The Guam Visitors Bureau approved a $1.5 million marketing deal with a “top-tier” British football team the Tottenham Spurs. Gerald S.A. Perez, vice president of GVB, started off the Aug. 22 meeting discussing the football team as well as a $900,000 investment in a Japanese movie drama series that will include Guam. These are efforts to promote Guam in Asia, which are tourism markets that haven’t been doing very well. #Guam #GuamVisitorsBureau #TottenhamSpurs #Asia #Tourism

On August 27, the Pacific Judicial Council hosted the second day of the 2024 Joint Annual District Court of Guam Conference and Pacific Judicial Council Biennial at the Westin Resort Guam. The event featured keynote addresses from Chief Justice Robert J. Torres Jr. of the Supreme Court of Guam and Dustin Hodges, a technical specialist from Microsoft. Hodges discussed the integration of Microsoft’s Copilot AI into judicial workflows. Copilot, a component of the Microsoft Office 365 suite, assists users in managing and generating content through user prompts. https://lnkd.in/gKWZsBX5 #Guam #Micronesia #MicrosoftCopilot #AIIntegration #Microsoft365 #WestinResortGuam

The Department of Administration announced that the government will continue to self-insure in fiscal 2025, with SelectCare and NetCare administering medical, pharmacy, and dental benefits. This self-funded plan allows GovGuam to pay provider claims as they are incurred, avoiding built-in risk factors and tailoring the plan to fit its needs, benefiting thousands of active and retired employees and their dependents. https://lnkd.in/gxKtbuaY