Monday, April 21st 2014 5:03 PM Chamorro Standard Time

Volume 11 No. 25 April 21, 2014 - May 4, 2014

Legislature's new neighbor

An apartment building owned by the Franquez family is under construction next door to the Guam Legislature in Agana. Triple L Construction Inc. is the primary contractor, and Rim Architects completed the design.

Guam News

Flights of fancy: Retired airline professionals open travel agency

With more than 30 years of experience in the travel industry each, Katie F. Black and Barbara "Bobbie" P. Taitano have teamed up to open their own travel agency, Mystical Tours and Adventures.

Women's chamber brings minimum wage debate to the fore

TUMON, Guam - The Guam Women's Chamber of Commerce gathered a panel of a variety of economic experts at a Wage & Compensation Forum on April 10 at the Guam Pacific Star Resort and Spa.

TechNet conference comes to Hyatt

TUMON, Guam -- The Armed Forces Communication and Electronics Association is hosting Marianas TechNet 2014 from April 23 to 25 at the Hyatt Regency Guam.

Taste-maker Lory Tydingco prepares to open her newest food establishment

Lory Tydingco, owner of the Brown Bag Cafe and co-owner of the Kracked Egg restaurant in Tumon, has announced her plans to open her newest venture within the next month.

Subway restaurant to open in Agana

Subway Guam will open a new location in the Agana Shopping Center by summer.

Solar investors to visit Guam officials, businesspeople

Two of the principals of Hawaiian companies Bonterra Solar and Kina'ole Capital will be visiting the island from April 27 to 30 to meet with a number of government officials and businesspeople, according to William Hagen, vice president of Hagens Inc. and co-founder of Pacific Solar & Photovoltaics Inc.

Sgro sets sights on investment lures for Guam

"If you don't hunt, you don't eat." These are words that Peter R. Sgro, president and chairman of the board of International Group Inc. and chairman of the Guam Chamber of Commerce, likens to the nature of his business.

Rhino beetle infestation affecting businesses on Guam

The coconut rhinoceros beetle has had its time in the limelight lately, with a regrettable infestation at Asan Memorial Park.

Prepo ship support unit moves onto Naval Base Guam

The Military Sealift Command completed the move of its Ship Support Unit to Naval Base Guam this month.

Pacific Islands Development Bank releases fiscal 2013 performance

HAGATNA, Guam - At the April 10 meeting of the Board of Governors of the Pacific Islands Development Bank, the bank's president and CEO, Aren Palik, reported the organization's operational performance and results for 2013, summarizing that the bank registered strong balance sheet growth with 25% growth in loans receivable, 18% growth in stockholders' equity, 14% growth in total assets and 44% growth in retained earnings.

More flights from PI possible with new FAA rating

HAGATNA, Guam - According to an April 11 release from the governor's office, more flights to and from the Philippines may soon be available on Guam. Gov. Edward B. Calvo and the Guam International Airport Authority are courting more routes from Philippine-based airlines that want to increase their reach on our island.

LEGAL BRIEFS

The parents of a woman who died while on vacation in the Northern Mariana Islands are suing the tour company that sold her a snorkeling package.

Introducing the judges for the 2014 First Hawaiian Bank and Guam Business Magazine Businesswoman of the Year

The 2014 First Hawaiian Bank and Guam Business Magazine Businesswoman of the Year Maga'haga award will be presented at a gala on April 26 at the Hyatt Regency Guam.

GCC calls for Distinguished Alumni nominations

MANGILAO, Guam - Guam Community College announced on April 3 that it is accepting nominations for the 2014 Distinguished Alumni Award.

Fitness boom: MadFitter grows by leaps and bounds

As the CrossFit fitness system continues to grow in popularity on Guam, more and more gyms dedicated to CrossFit training are springing up, abandoning machine-based workouts in favor of simpler free weight and bodyweight exercises.

Feds and nonprofits convene, communicate and collaborate

Issues were not - and cannot be - solved in a two-day summit, but the Guam Regional Conference held on April 3 and 4 was a step in the right direction.

CORPORATE GIVING

On Apr. 7 Guam Business Magazine presented a check to the Guam Chapter of the American Red Cross for $26,000.

Asan Bay Overlook Memorial Wall to receive facelift

ASAN, Guam - On March 20, the National Park Service awarded a contract to Danes Construction Corp. of Guam to rehabilitate the Asan Bay Overlook Memorial Wall at War in the Pacific National Historical Park.

Editorial

Increased wages not the poverty cure

If you've ever had a family member or friend who constantly needed bailing out of financial hardship, you probably eventually realized that continuing to hand over cash never solved the problem.

  • Subway $6 Footlong for October

Headline Story

Flights of fancy: Retired airline professionals open travel agency

With more than 30 years of experience in the travel industry each, Katie F. Black and Barbara "Bobbie" P. Taitano have teamed up to open their own travel agency, Mystical Tours and Adventures.

Regional News

U.S. sailors sue Fukushima nuclear plant over radiation exposure

TOKYO - A group of 79 sailors from the USS Ronald Regan who took part in rescue and recovery operations after the March 11 disasters in Northeast Japan has sued the operator of the Fukushima Dai-Ichi nuclear plant for $1 billion in damages.

United launches mobile Android app

CHICAGO - On April 8, United Airlines launched its new mobile application for the Android platform.

Mining the manta rays Project supports survey, study and tourism site management

A recent focus on Palau's manta rays can only further bolster interest in a little-understood form of sea life, and drive interest in diving to view the fish.

FSM government blasts Chuuk construction report

MAJURO, Marshall Islands - The Federated States of Micronesia has called on a Guam-based engineering company to retract an independent assessment of a U.S.-funded construction project in Chuuk State that was critical of the FSM government's handling of the work.

Defense secretary backs Japan, warns China and North Korea

TOKYO - Charles T. "Chuck" Hagel, the U.S. secretary of defense, has used an official visit to Japan to reiterate Washington's commitment to the military alliance with Tokyo and to simultaneously warn the leaderships of both China and North Korea against acts of aggression in the region.

Boka Boka fills void for Chamorro eateries in Saipan

SAN JOSE, Saipan - The residents of Saipan have been enjoying home-cooked Chamorro cuisine away from home while the tourists are getting a taste of true Chamorro cooking at Boka Boka restaurant on Beach Road in San Jose.

Opinion

12 keys to financial health (part 2 of 3)

In part one of this article in the March 10 issue of the Journal, we introduced the first four of the 12 Keys to Financial Health.

The latest on Guam and who's buying

I have been asked lately a lot about how the real estate market is on Guam: what is moving and what is slow.

Briefcase

Nonprofit community tour emphasizes need for workforce development

MANGILAO, Guam - As part of the 4th Annual Nonprofit Congress and Regional Federal Summit held on Guam from March 31 to April 4, the visiting officials from various federal and regional agencies and organizations were invited to partake in a community tour.

Marshall Islands Chamber of Commerce implements structure change

MAJURO, Marshall Islands - At an April meeting, attending members of the Marshall Islands Chamber of Commerce authorized the executive committee to recommend a new fee structure for this year.

GAO reports on NMI minimum wage

SUSUPE, Saipan - The Government Accountability Office issued its latest report on March 31 on the impact of minimum wage increases on the Northern Mariana Islands economy.

Johnny Rockets coming to Guam

ALISO VIEJO, Calif. - An area development agreement was signed on April 2 between Johnny Rockets and Fun Foods LLC to bring Johnny Rockets restaurants to Hawaii and Guam.

New solar plant going up in Inarajan

INARAJAN, Guam - Construction is underway on Guam's first solar plant, which will be located in the Dandan area of Inarajan.

Guam MACC Builders wins emergent repair facility contract

PEARL HARBOR, Hawaii - Guam MACC Builders, a joint venture in Honolulu, was awarded a $25,692,000 firm-fixed-price contract under a previously awarded multiple-award construction contract for the design and construction of an emergent repair facility at Naval Base, Guam.

Docomo CEO Shedd to leave company

TAMUNING, Guam - The Journal has confirmed that Jay R. Shedd, president and CEO of Docomo Pacific, will be leaving the company.