Save the Dates


March 2

GYP Kick-Off

Meet & Greet Mixer


March 8

CBWN

Coffee, Chill, & Chat Event


March 22

25th Guam Chamber Annual Amateur Golf Tournament


March 29

General Membership Meeting


April 21

Small Business Seminar


April 26

General Membership Meeting


April 28

GYP at the table event


May 6

99th Anniversary Gala

LAST CALL:

Mentorship Program


Level up in your career development game and sign up for our annual mentorship program today! You will have the opportunity to connect with the Chamber Board of Directors and learn from their leadership styles, obstacles, and success stories to name a few. Limited slots are available! 


Kick-Off Meet & Greet Mixer:

Thursday, March 2nd • 5:30 pm

Chamber Office


If you have any questions, you may contact the Chamber Office.

Learn more about GYP
GYP APPLICATION

Guam Business Hall of Fame

Nomination Deadline: February 28, 2023


Your Guam Business Hall of Fame deadline to submit nominations will be on Tuesday, February 28, 2023. If you wish to make a nomination, please see these links below and how they qualify.


2023 Fact Sheet

2023 BUSINESS Laureate Nomination Form

2023 INDIVIDUAL Laureate Nomination Form


Hall of Fame Laureate will be inducted into the Guam Business Hall of Fame at the 99th Anniversary Celebration on Saturday, May 6th.

U.S. Chamber Updates

Washington Can Help New Small Businesses Thrive


Since the pandemic, millions of Americans have become entrepreneurs. Last week at Fox Business, Chamber Vice President for Small Business Policy Tom Sullivan explained how Washington can support these new small business owners.

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Why it matters: â€śAs new businesses grow, they are likely to employ more people in the community and fuel the local economy,” Sullivan wrote. About one-third of them are likely to hire workers.

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Details: â€ťSince August 2020, applications filed to start new businesses have averaged around 400,000 per month,” Sullivan noted. “Prior to the pandemic, they hovered around 300,000 per month.”

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What Washington should do: Sullivan laid out six things Washington can do to support America’s small businesses:

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1. Don’t penalize entrepreneurs. Avoid “laws like California’s AB 5 and similar proposals at the federal level that force sole proprietors into an employee relationship.”

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2. Prevent punitive tax increases. â€śWithout congressional action in three years, small businesses will face a massive tax hike.”

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3. Avoid new mandates. They “raise the cost of entry so high that small businesses can never break into the federal contracting arena.”

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4. Stop the Federal Trade Commission from making “it harder for small business owners to eventually partner with or sell to a larger business.”

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5. Protect businesses’ freedom. Let them “set their own prices and enter into contracts by opposing government price controls and new regulations governing private business contracts.”

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6. Expand free trade opportunities. They provide “up more opportunities for small businesses to sell to the 95% of the world's consumers who live outside the United States."

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Bottom line: Let’s do what we can to support this entrepreneurship boom that reflects the dynamism of the U.S. economy and benefits local communities.

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Dig deeper:

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  • The Small Business Bill of Rights summarizes what should be the basic rights of business owners in America â€“ and represents policies the Chamber fights for every day.


What's Happening with Interest Rates?

by: Curtis Dubay, Chief Economist, U.S. Chamber


The Federal Reserve raised its key interest rate again earlier this month. That was the eighth time it has done so in the last year, and a few more small hikes are likely coming with inflation still high and consumer spending and the job market still hot.

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Why it matters: The Fed’s actions have translated into higher interest rates for consumers and businesses, but the increases in rates have tailed off.

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  • For example, the average rate on a 30-year fixed mortgage peaked at over 7% in November. It has since stabilized at around 6.3%.

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  • On the business side, the average rate for a AAA-rated corporate bond peaked at around 5.4% in October and has since settled at around 4.6%.

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Big picture: The slight drop in rates from late 2022 and their stabilization since indicates that the markets originally overestimated how much the Fed would raise rates. The markets now believe the Fed won’t raise rates much more than it has.

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  • This is good news for the housing market because, if it holds, it means the damage of higher mortgage rates is already in the rearview mirror.

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  • For businesses, it means borrowing costs are likely to remain where they are. That will allow for better planning and an increase in long-term investing.


SAVE THE DATES!

25th Annual Golf Tournament

SAVE THE DATE: Wednesday, March 22, 2023

Onward Talofofo Golf Course


Your Chamber is looking forward to a great day of golf on Wednesday, March 22nd at Onward Talofofo Golf Course! Team entries are now open - reserve your spot today by clicking on the reservation link below. You may also want to consider leveraging your company brand by becoming an event sponsor or contributing a prize!


How can I contribute?

Mixing business with pleasure has been the mode de vie on the course for years! Don't miss out on this super opportunity to get your product in front of business executives of all levels! Donation opportunities can be made in the following ways:


  • Hole Sponsorship ($500 or $1,000 Premium Hole)
  • Hole-In-One Prize
  • Contribute Prizes (Raffle Item)
  • Contribute Ditty Bag Items (200 ditty bags)


View last year's Golf Tournament Video

Register to Play!
Donation Pledge Form

Save The Date!

General Membership Meeting

Wednesday, March 29, 2023


Your Guam Chamber General Membership Meeting is scheduled for Wednesday, March 29, 2023, at the Hilton Guam Resort & Spa. We encourage members to RSVP and make payments in advance to reserve their seats for this coming meeting. More details are yet to come!

RSVP TODAY!

Save The Date!

99th Anniversary Gala

Saturday, May 6, 2023


We are excited to celebrate 99 years of service to our community with you! Dust off your cool outfits and make room for a night to remember! Hold May 6th on your calendar - More details are yet to come!

Download the app to get updates on member deals, or click the graphic to register. Learn more about the program by visiting our website or talking with our Chamber Team: (671) 472-6311


Join these great companies that are offering special deals just for Guam Chamber Members!

Click here to submit company offer


If you don’t have a Member Card – give us a call!



Visit the following companies who offer special discounts to our members:


Guam Baby Company

Hilton Guam Resort & Spa

Hotel Nikko Guam

Infusion Coffee & Tea

MCB, Inc GU

Promotions Specialties

Royal Bics

Seas + Sidewalks

South Pacific, Petroleum Corporation

ZV Line

A Change in SAM.gov will Affect Access for Some Entity Administrators


Beginning March 3, 2023, Entity Administrator roles can only be held by employees, officers, or board members of the organization. A comprehensive role with elevated responsibilities, this change to the Entity Administrator role ensures the entity is in control of and accountable for who can update their registration in SAM.gov, while allowing entities to continue to use service providers to manage their entity registration, if they wish.


If you use an outside service to manage your registration, or if you provide registration management services to other organizations, this change to SAM.gov roles may impact you. The outside service and/or the entity may need to take action to ensure entities can manage access to their entities.     


Effective March 3, 2023, when you register an entity or update an entity registration, you must attest to your affiliation with the entity. If you are not an employee, officer, or board member of the entity, you will no longer be able to hold the Entity Administrator role. Instead, you will be given the Data Entry role. With that role, you can continue to register new entities, manage updates, and renew entity registrations, but you can't manage user roles.


Entities assigning Entity Administrator roles using an Entity Administrator Appointment Letter, (sometimes known as the notarized letter process) will no longer be able to assign the Entity Administrator role to a non-employee. 

AAP Business Summit 2023 / Trade Winds ASEAN


The AmChams of Asia Pacific (AAP) Business Summit 2023 in partnership with Trade Winds ASEAN is scheduled for Monday, March 13, 2023 to Wednesday, March, 15, 2023 at the Avant Riverside Bangkok Hotel in Thailand.


AmChams of the Asia Pacific (AAP) is pleased to invite member companies to participate in the 2023 AAP Business Summit, held in partnership with Trade Winds ASEAN and the US Commercial Service.

 

This three-day program is an unparalleled opportunity designed to help companies achieve growth and exposure in the Asian markets with exciting conference programming as well as multiple networking opportunities with leading US and multinational companies, senior US commercial diplomats from over 20 Asian countries, regional industry experts, and government officials. Participation includes the ability to self-schedule one-on-one networking meetings with other forum attendees. Click here to register and view their agenda for Monday through Wednesday's event.

Thank You, Senator Chris Barnett


Si Yu'os Ma'ĂĄse Senator Chris Barnett for speaking to our members on recent efforts to address crime and school issues in Guam. The General Membership Meeting took place at the Somnak Ballroom, the Westin Resort Guam.


Click here to view photos

View PDN Article

View Guam Daily Post Article

Si Yu'os Ma'ĂĄse Johnnie!


On behalf of the Guam Chamber of Commerce and our Chamber Business Women’s Network Committee, we would like to express our sincerest THANK YOU to Johnnie, Chief Operating Officer of Kandit Incorporated for speaking to our members during the CBWN Brown Bag held on February 23rd. Her inspirational story moved the room. Her drive, determination, and grit got her through difficult times; her quest to seek truth and help others kept her real. Combined, these attributes brought out her authentic self. We wish Johnnie the best as she continues on her successful journey.


The next CBWN event is scheduled for March 8th - Be on the lookout for details coming soon!


Click here to view photos

Member Announcement

Guam Ink Hustle Tattoo & Body Piercing Studio Relaunch Party • Sunday March 5, 2023


Our members at Guam Ink Hustle (former Lots of Art) Tattoo piercing will be hosting a relaunch party on Sunday, March 5, 2023 from 12:00 pm to 6:00 pm. They are located in Tamuning, next to Pieology and Hafaloha. Come by and enjoy live entertainment (food and drinks will be provided). Raffle prizes are available for purchase the day of the event!


For more information, please contact Mr. Brian Salas at (671) 929-4610 or email info@guinkhustle.com, management at guinkhustle@gmail.com.


Click here to view Launch Party Flyer details!

Ada's Trust & Investments

Retail/Office Space for Lease


Looking for a home for your business, Ada's Trust has space for you! They are located at the Dededeo Shopping Center Building E. For more information, please call (671) 472-9830

Guam’s 2023 Media Study


As the economy recovers, it is important to understand how to effectively reach your targeted audience through advertising, while saving money. For more information, you may click here to view the PDF document or you can view Market Research & Development, Inc.'s website

Resources & Training

GVB

2023

Industry Recovery Updates

Click here

View Guams SBDC'S

February 2023 Training Events!

View Guam PTAC

February 2023 Training Events

Quick Links

 

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