Tourism, historically a cornerstone of Guam’s economy, has not yet returned to pre-pandemic levels. The recovery has been slower than anticipated, with several factors contributing to this lag.

Military construction surge drives strongest confidence in five years

Guam’s current economic landscape is defined by a profound structural bifurcation. Those entities anchored within the construction and defense sectors are projected to sustain high-capacity operations for the next decade, fueled by a multi-billion-dollar military buildup that now serves as the island’s primary macroeconomic stabilizer. 

The following executives were nominated this year for Guam Business Magazine’s Executive of the Year award.

In the islands of Micronesia, if your business is one of the Triple J Enterprises stable and your family name is Jones, there’s an instant recognition that you come from a particular family of Joneses. 

Women have made significant impacts as leaders as their businesses sail towards success.

Financial technology has revolutionized how people save, spend, and manage money.

Power across Guam, the Northern Mariana Islands, Palau, and the Federated States of Micronesia are contending with rising temperatures, aging infrastructure, surging demand, and the constant threat of typhoons.

Ports of entry to the islands – ports and airports – face opportunities and challenges and are dependent on private sector communication and participation.

More companies recovered from the pandemic, but weak tourism numbers a concern.