Greetings!

The 38th Guam Legislature has released the FY2026 Budget and plans to begin discussion on Monday, August 11th at 1:00 p.m. The budget reflects a half-point rollback of the business privilege tax (BPT). The Chamber will continue to press senators to roll back the BPT from 5% to 4%. We urge the membership to call or write the senators as well.

We’ve curated some quick updates for you this weekend as we give a fond farewell to the days of summer and ease into back-to-school activities and engaging fall events. I look forward to seeing you at a Chamber event very soon!

Onward Together,

Catherine Castro

President

GYP Proudly Presents: Coffee & Congress: A Chat with Congressman James C. Moylan

A Conversation With CAPT John Frye, Commanding Officer,

Naval Base Guam

Mark Your Calendar!

The Armed Forces Committee is pleased to present A Conversation with CAPT John Frye, Commanding Officer, Naval Base Guam, on Friday, August 15, 2025, 10:30 a.m. at the Guam Chamber of Commerce Office, 372 West Soledad Avenue, Hagåtña. Doors open at 10:00 a.m.

AFC members will have time to engage one-on-one with CAPT Frye and other committee members in this intimate setting. We hope that your schedule will allow you to participate.

This meeting is exclusive to AFC members. Member attendance is non-transferable, and admission will not be permitted for guests of members. This meeting is not open to the media. Thank you for your understanding.

Arangkada Philippines

Investment Forum 2025

Members of the Joint Foreign Chambers of the Philippines (JFC) are organizing the 2025 Arangkada Philippines Investment Forum to be held on September 25- 26, 2025, at the Marriott Grand Ballroom, Pasay City, Metro Manila, Philippines. 

Since 2012, the Arangkada Philippines Forum has provided a dynamic platform for policymakers, business leaders, and investors to engage in insightful discussions on the country’s investment climate, regulatory landscape, and emerging market opportunities.

This year, the Forum aims to promote investments and business growth in the Philippines, emphasizing its potential as one of Asia’s fastest-growing economies.

There will be plenary sessions, sectoral breakout discussions, and business-to-business and business-to-government opportunities, focused on the JFC’s seven big winner sectors of tourism, agribusiness, infrastructure, manufacturing and logistics, critical minerals, creative industries, and Information Technology and Business Process Management.

For more information, visit the Arangkada Forum 2025 Microsite or refer to the Immersive Investor’s Pass Primer. Additionally, interested parties can contact the Forum Manager, Ms. Andrea Adorio, through andrea@arangkadaphilippines.comor through +639177958784. 

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Episode spotlights Biba, featuring owners, Dot and Ranger Miller.

Episode spotlights Local Jerk Guam, LLC, featuring Chief Executive Officer, Marvin Crisostomo.

Episode spotlights

The Salt + Light Realty, featuring Principal Broker & Founder, Shine Walker.

Americans Back Pro-Growth Tax Policies

Americans strongly support pro-growth tax provisions in the One Big Beautiful Bill Act (OBBBA), according to a new U.S. Chamber poll. The data shows robust backing for tax policies that promote business investment, innovation, and job creation.

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• "Something may be getting lost in translation when people just describe it as 'one big, beautiful bill' and so we're releasing polling data to really help inform the debate that when you do ask people about the particulars, there's strong support here," U.S. Chamber Executive Vice President Neil Bradley, told Fox Business.

Why it matters: Critical pro-growth provisions of the 2017 Tax Cuts and Jobs Act (TCJA) were set to expire at the end of this year—triggering a historic automatic tax increase.

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• The OBBBA delivers the certainty and stability businesses need to plan confidently, invest in innovation, and create jobs—strengthening the American economy and helping raise wages for workers.

By the numbers:

• 71% say they would be more likely to support a candidate for Congress who voted to make the TCJA permanent.

• 65% support permanently extending key pro-growth provisions of the TCJA set to expire at the end of 2025.

• 62% support permanently allowing businesses to fully expense investments in machinery, equipment, and technology—policies essential for growth and competitiveness.

• 67% favor permanently restoring the deduction for research and development to allow for more investments in innovation that benefit consumers.

• 64% support permanently restoring the less restrictive deduction for business interest expenses, helping companies expand in communities and hire more workers.

What we’re doing: The U.S. Chamber, along with state and local chambers, has organized roundtables with lawmakers and local business leaders to show how the permanent, pro-growth tax provisions of the OBBBA will enable businesses to invest more in their communities, create jobs, and increase worker paychecks. These events will continue across the country over the coming months. Read More.

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Thank You to Our 2025–2026 GYP Sponsors!

The Guam Young Professionals would like to extend our heartfelt thanks to all the incredible companies that have generously sponsored us for the 2025–2026 fiscal year. We’re thrilled to share that we surpassed our sponsorship goal—and it’s all thanks to you!

Your support means the world to us—it fuels our mission, empowers our initiatives, and helps shape the next generation of leaders in our community. Because of you, we're able to dream bigger, do more, and make a meaningful impact through professional development, community engagement, and networking opportunities that uplift Guam’s future.



Your belief in what we do goes a long way, and we are forever grateful. Here's to an exciting year ahead—full of purpose, progress, and partnership!

With gratitude,

The Guam Young Professionals

2025

Tactical Action Plan and

Industry Report Updates

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Si Yu'os Ma'åse to our Centurion Plus Sponsors!

Si Yu'os Ma'åse to our Centurion Sponsor!

Si Yu'os Ma'åse to our Centennial Contributors!

Ada's Trust & Investment, Inc. • Arnett Consulting, LLC • Assurance Brokers, Inc. dba: AB Risk Solutions • Bank of Hawaii • Black Construction Corporation

California Pacific Technical Services, LLC • Coffman Engineers, Inc.

Guam Insurance Adjusters, Inc. • Guam Music, Inc. • Hilton Guam Resort & Spa

HMI Guam • Hotel Nikko Guam • Island Skin Spa • Joe & Franks Auto

Jerold W. Filush, CPA • Marianas Steamship Agencies, Inc. • Matson Navigation Company

Micronesian Drivers Associations, Inc. • North Wind Group • Outback Steakhouse

Pacific Islands Development Bank • Phoenix Pacific (Guam), Inc.

Salt + Light Realty • SignKing, Inc. • Sylvan Learning Center

TNN Guam, Inc. dba: The Tsubaki Tower • Triple J Enterprises, Inc.

Triple J Five Star Wholesale Foods, Inc. • Triple J Rentals (Guam), Inc. dba: Hertz Licensee