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$61.6M defense contract awarded to Guam venture
By Pacific Island Times News Staff The Naval Facilities Engineering Systems Command Marianas' Naval Support Activity Andersen has awarded Core Tech-HDCC-Kajima a $61.6 million unilateral modification to the previously awarded contract for the construction of a joint communications upgrade at Naval Base Guam and Camp Blaz. This award brings the total cumulative face value of the firm-fixed-price contract to $351.344 million. The contract modification is for the exercise of Opt

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Aug 20


Pepper Lunch expands to Hagatna
Genki Food Service Inc. holds a Guam franchise for Pepper Lunch, a Japanese fast-casual restaurant chain with more than 570 locations across 17 countries.

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Aug 18


Business Briefs: $249M contract awarded; SPPC names new CEO; Junior Achievement expands AI program
The Military Sealift Command in Virginia has awarded a $249 million contract to Cayuse Native Hawaiian Veterans for general ship repair on Guam.

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Aug 13


New Cost.U.Less Hagatna to open later this month, Tamuning location to close
By Pacific Island Times News Staff The new flagship Cost.U.Less store in Hagåtña will officially open on Aug. 28, while the Tamuning branch will shut down on Aug. 27 as part of the North West Company's strategic realignment. “This is an exciting milestone for Cost.U.Less and for our customers in Guam,” said Kevin Proctor, president of Cost.U.Less. “Our new Hagåtña store reflects our commitment to investing in the future of the island and delivering an even better shopping exp

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Aug 13


Aquarium of Guam names new general manager ahead of reopening
The Aquarium of Guam has appointed an aquarium industry veteran as its new general manager as the Tumon attraction moves through a major redevelopment ahead of its reopening.

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Aug 12


Navy awards utility Infrastructure study contract
(NAVFAC)– Naval Facilities Engineering Systems Command (NAVFAC) Pacific awarded a $30 million contract Aug. 3 to InSynergy Engineering Inc. of Honolulu, Hawaii for architect-engineer services for utility systems studies across the Pacific area of operations. “The award of this contract provides NAVFAC Pacific a mechanism to conduct utility system studies to sustain utility infrastructure readiness,” said Stacey Yoshida, NAVFAC Pacific Public Works utilities program manageme

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Aug 6


1,500 sites on Guam to get high-speed internet under broadband expansion program
The government of Guam has signed agreements with GTA and IT&E
to expand high-speed internet service to hundreds of homes and critical community institutions under the federal Broadband Equity, Access and Deployment initiative.

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Jul 23


Business Briefs: BoG's customer relief program; MK Lotus opens
Customers in Rota with automobile, commercial, or mortgage loans may request payment forbearance based on their individual circumstances.

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Jul 16


The evolving landscape of Guam business sector activism
The Guam Chamber of Commerce has adopted a more activist stance amid growing dissatisfaction with government missteps, misspending, and policies it believes stunt economic development.

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Jul 1


Business Brief: Shop and dine at Guam airport
By Pacific Island Times News Staff The A.B. Won Pat International Airport Authority is emerging as a new shopping and dining destination for Guam residents under the Concourse Access Pass Program, airport officials said. The program allows non-ticketed persons to access the concourse to shop and dine like a ticketed passenger. “GIAA’s CAP program has received an overwhelming positive response and participation from non-travelers who have been enjoying shopping at our retail o

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Jun 21


New funds under federal credit program accessible to Guam's small businesses
The Guam Economic Development Authority has received the second tranche of funding under the State Small Business Credit Initiative, totaling approximately $19.5 million.

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May 27


SAME Guam Post gears up for this year's Industry Forum
By Pacific Island Times News Staff Stakeholders in the region's contracting sector will have another opportunity to engage with senior leaders from the U.S. military and the local government at the annual Industry Forum organized by the Guam chapter of the Society of American Military Engineers, or SAME. The two-day event, scheduled for July 28–30 at the Dusit Thani Guam Resort, "is a call to action for every business in our region," said Shierly Caceres, president of the SA

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May 21
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