SAVE THE DATE!
JOIN US for the 2020 SENATORIAL FORUM
Your Guam Chamber will be hosting a Senatorial Forum on Wednesday, October 21st at 10:00 am. The Chamber will be sending RSVP information and a corresponding link upon registration. Keep checking your inbox for your invitation to view the event.

The event will be streamed via GoToWebinar.

JOIN US on WEDNESDAY, OCTOBER 14

Job losses, reduced work hours, and business closures due to COVID have significantly impacted our island community. Those whose livelihoods have been disrupted by the pandemic are not alone. This peaceful CommUNITY Rally aims to be a show of solidarity among our residents for our island leaders to see how the virus has impacted our community and to inspire them to act on legislation that will rebuild our economy as well as ensure that there are jobs for our people to return to.

DRIVE WITH US
  • MEET in Tamuning at GPO's main parking lot @ 8:30 a.m. [There will be no physical congregating, and all participants should remain in their vehicles. A Chamber Volunteer will direct traffic]
  • DRIVE from GPO in a line with other CommUNITY Rally supporters from Tamuning through Adelup [cars will proceed left through the Adelup Intersection, Highway 6 into Maina]
  • All are welcome to join the Rally at the Guam Congress Building
  • RAIN or SHINE!

STAND WITH US
  • Meet in front of the Guam Congress Building in Hagåtña @ 9:30 a.m.
  • All participants must socially distance and wear masks.
  • RAIN or SHINE!
GUAM CHAMBER BOARD ELECTIONS
NOMINATIONS FROM THE FLOOR will be accepted at the WEDNESDAY, October 21st General Membership meeting. The Nominating Committee Chairman will be introducing the slate of candidates at the meeting.

The DEADLINE FOR CANDIDATE INFORMATION SUBMISSION is 12:00 Noon, Friday, October 23rd. A Special Election Report newsletter featuring the Board Candidates will be published and sent to all members electronically by October 28th.

AVAILABLE SEATS
There are Eight (8) seats to be filled at the November 18th election as follows:
  • SIX (6) candidates garnering the highest number of votes shall serve a term of THREE (3) years as a VOTING Director;
  • Two (2) candidates garnering the next highest number of votes shall serve a term of ONE (1) year as a NON-VOTING Alternate Director.

We wish to send our special thanks to our Nominating Committee Members:
Ernie Galito, Committee Chair • Joe Arnett • Mika Caldwell • Trina Cruz • Maureen Maratita Candy Okuhama
HAVE YOU ADDED YOUR PHONE TO THE COVID FIGHT?
The Guam Department of Public Health & Social Services, the Office of Technology and the Office of the Governor have worked on a contact tracing smartphone app to help control the spread of Covid-19 in our community. The app is available for both iPhone and Android platforms.

Chairwoman Christine Baleto discusses the safety and confidentiality features of the Covid App.
Learn more about how the Covid App can help with Guam's economic recovery.
GUAM ECONOMIC FORECAST FOR 2021 WEBINAR
Friday, December 4, 2020
9:00 a.m. - 11:00 am.
GoToWebinar

Guam's economy is affected by changes in visitor arrivals and spending, federal and military direct investment (and related programs), private Asian and US investment, transportation links, and geo-political factors beyond our borders, among others. What will be the key economic issues that influence the growth and development for regional economies in the coming year?

To respond to this question, we have invited Guam's leading business representatives to share their views and insights on the economic outlook for Guam and Micronesia. These presentations will be followed by a Q&A discussion with webinar participants.
2020 TOYS FOR TOTS PROGRAM
Toys for Tots Poster Use Image
The holidays are just around the corner and families especially hard hit by the effects of the COVID-19 situation are in a very different place than they were this time last year. In fact, it was many of these families that contributed to the Toys for Tots program over the years. This year, they will probably need support.

If you feel comfortable about collecting toys from within your company in support of Toys for Tots this year, please let us know. We are not encouraging you to open your business to collection as you have done in the past. If you would rather provide a financial gift via the Guam Chamber and have the Chamber purchase toys for direct giving to Marine Activity Guam, we are happy to do this for you. 

ACTION PAC, INC.
Have you signed up to be a member of Action Pac, Inc? It doesn't cost a thing - it's free! Together, we can affect positive change in the Guam Legislature by voting in true representatives of the people who will hear our voices and be willing to work with us as we work to rebuild our economy and get our people employed again.

Join members of Action PAC, vote in this year's elections and make a difference!

Be sure to visit the PAC's website for more information about this political action committee and senatorial candidates that support the PAC's initiatives. Check out their social media platforms and follow/share on your social media feeds. #TakeActionGuam!

Sign up to be an Action PAC member by registering on their website. It's free!

If you would like to make a financial contribution to the PAC, feel free to email: takeactionguam@gmail.com for more information.
CHAMBER GOLF TOURNAMENT POSTPONED
The storm of Covid-19 has disrupted our world and we have battled the onslaught. The Golf Tournament that was rescheduled to October has been postponed due to our island being in PCOR 1. We have decided to move the event to March 2021. A new date will be coming soon. We appreciate your understanding and unwavering support of your Guam Chamber of Commerce.
CHAMBER MEMBER ROLL CALL
We would like to thank members for sending in their business updates during this time. Please share any updates with Rebekah and we can share with the members in the upcoming Roll Call.
SEPTEMBER MEMBERSHIP MEETING RECAP
In case you missed the September 30th General Membership Meeting with Executive Director Laura Dacanay of Action PAC Inc - we got you covered! Click on the YouTube link and watch the brief presentation.
GVB's Industry Update
PRESS RELEASE: Contractors License Board Renewal
PRESS RELEASE from the U.S. SBA:
A simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less
Our friends at the SBA Guam Branch office have provided the following update:

U.S. Small Business Administration, in consultation with the Treasury Department, released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. Please see the attached news release and the accompanying IFR and simplified forms for your review and use.
 
SBA and Treasury have also eased the burden on PPP lenders, allowing lenders to process forgiveness applications more swiftly.  
 
SBA began approving PPP forgiveness applications and remitting forgiveness payments to PPP lenders for PPP borrowers on October 2, 2020. SBA will continue to process all PPP forgiveness applications in an expeditious manner.

Download:
2020 PISBDCN Small Business Credit Survey
Dear Business Owner or Manager,
 
The Pacific Islands Small Business Development Center Network is partnering with the Federal Reserve on the 2020 Small Business Credit Survey. This survey reaches thousands of small businesses like yours and provides vital information to policymakers who are weighing decisions that affect small businesses. The survey takes about 10 minutes to complete and is open to businesses currently in operation, those recently closed and those about to launch. The questions ask about business conditions, financing needs, and the effects of the pandemic on your business. All responses are confidential.The survey highlights the experiences of small businesses and provides critical information that service providers, policymakers, and lenders use to improve programs for small business owners.
 
Please click the link below to complete the survey. Thank you for participating.
 
The survey closes October 31, 2020. Questions? Contact SFFedSmallBusiness@sf.frb.org
 
Thank you for you participation!
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Guam Chamber of Commerce
472-6311• info@GuamChamber.com.gu