Legislative Review & Business Advocacy

The Guam Chamber's Legislative Review and Business Advocacy Committee has compiled a list of bills introduced by the 37th Guam Legislature that may impact your company and how you do business. We encourage you to join us in contacting your senators to let them know of your concerns and the potential negative impacts if these proposals become law.

Click here to view the Legislative Review Newsletter!

Your Chamber is looking forward to a great day of golf on Wednesday, March 22nd at Onward Talofofo Golf Course! Team entries are 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

GYP MENTORSHIP PROGRAM

We would like to thank our program mentors and those who attended our kick-off event on Thursday, March 2nd at the Chamber office. Our counterparts are excited to support this year's program and we look forward to sharing their experiences.

Thank You, Speakers!

Tiyan High School Career Day

Wednesday, March 3, 2023

We would like to send a warm Si Yu'os Ma'ase to our member speakers for taking time out of their busy schedules to visit with our future workforce at Tiyan High School on Friday, March 3, 2023. Students received first-hand accounts from professionals of various industries on a typical day in the workplace. Students and teachers reported that they enjoyed the speakers and showed interest in learning more about the various opportunities in the workplace. View photos from Career Day at Tiyan High School

What Challenges are Small Businesses Facing?

Inflation remains the single top concern among small business owners according to the latest MetLife and U.S. Chamber Small Business Index. 

However: At the same time, other concerns including revenue, supply chain issues, rising interest rates, and access to capital are viewed as second-tier challenges. 

Here are the top concerns of American small businesses: 

1. Inflation

2. Revenue 

3. Rising Interesting Rates 

4. Click here to find out. 

More Small Biz Data: The Q4 2022 Small Business Index survey was conducted between October 11-27, 2022. To check out more findings from Q4 and explore previous quarterly reports, click here. 

Durable Goods Orders Down, but Businesses Continue Investing

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

Why it matters: Normally, a steep drop like that would be troubling. However, looking into the report more closely shows that volatile components account for the swings, and businesses continue to invest in capital.

‌

Details: In December, orders for new airplanes surged. In January, those orders fell back. Airplanes are expensive, of course, so changes in orders cause big swings in the data.

‌

• But: Core capital goods spending, all durable orders minus volatile aircraft and defense spending, was up a solid 0.8%, which was above inflation for the month.

‌

Be smart: This tells us that despite all the bumpiness in the economy, and while businesses continue to tell surveys they see an upcoming slowdown, they are forging ahead with all-important capital investment.

‌

Bottom line: The economy is in better shape than most anticipated it would be. This means, if the slowdown everyone expects is to come this year, it may come later in the year rather than mid-year as most predicted.

More from the U.S. Chamber:

7 Small Business Financing Trends to Watch

Need Funding for your Small Business? 4 Things to Consider When Choosing and Investor

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!

99th Anniversary Celebration

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!

This is the night of fun you don't want to miss. View these great photos from our 98th Anniversary Gala Celebration held at the Hyatt Regency!