June 18
CBWN POP-UP Shop!
June 30
Small Business Seminar featuring Ms. Toshie Ito, Motiva Training & Consulting
July 28 & August 4
GYP's YOU DECIDE Senatorial Forums
Stay tuned for details but in the meantime, pencil the dates in!
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We count ourselves blessed to have great members just like you, especially in these challenging times.
As we continue to work together to move forward, let's welcome our new members and give them a hand the next time you are in the market for their services!
We are excited to share their services and contact information with you today!
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123 Archbishop Flores St., Hagåtña 96910
Jeffrey Hsiao, Vice President/CEO
Lillian Hsiao, Operations Manager Stephanie Baza, Marketing Coordinator
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dot@thesolutionwebsite.com
7187 W 79th Drive, Arvada CO 80003
Dot Miller, CEO
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Guam Philharmonic Foundation
1-844-487-4364 • Website • info@guamphilharmonic.org
Maximo Ronquilla, President
Hagatna Restoration & Redevelopment Authority
Lasia Casil, Executive Director
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Andersen's Go Local Fair!
Thursday, May 26, 2022
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The Anderson Air Force Base Support Squadron is hosting a Go Local Fair next Thursday, May 26th. The event will feature live entertainment and local performances.
They are still accepting vendors for this event. Members who are interested in joining the event may contact
Carly Macias, Community Recreation Manager at 671-366-1476/2586. Note: vendors event passes need to process no later than Monday. Those requiring base passes will need to be US citizens and provide us a photo of their real ID as well as SS#. Base access is not guaranteed and based on approval.
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The CBWN Pop-Up Shop is Back! |
The Chamber Business Women's Network is excited to host their 2nd Pop-Up Shop on June 18th, themed 'Toys for Big Boys & Summer Shopping'. Grab those gifts for Father's Day weekend or for your summer outing!
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General Membership Meeting
Wednesday, May 25, 2022
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JOIN US next week on Wednesday, May 25th - it will be a super opportunity to catch up and hear a great speaker! Our featured guest is Melanie Mendiola, Administrator/CEO of Guam Economic Development Authority, who will speak on public finance opportunities available through GEDA.
If you think a colleague or friend will benefit from the information and sharing at the general membership meeting, bring them as your guest!
Don't forget to bring your business cards and arrive early to meet and mingle with fellow members! We look forward to seeing you at the meeting.
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Doors open: 11 am
Call to order: 12 Noon
Micronesia Ballroom
Hilton Guam Resort & Spa.
RSVP Deadline: May 24th
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Applications now available:
2022 - 2023 Dave J. Santos Scholarship
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We are excited to bring back this great scholarship opportunity for Juniors and Seniors enrolled at the University of Guam!
The Chamber established this program in honor of the late Dave J. Santos, past Chamber Board Chairman and Guam's 1993 Small Business Person of the Year. A strong advocate of local entrepreneurship, it was Dave's vision to start a scholarship fund to assist business students enrolled in the University of Guam's School of Business and Public Administration.
The program was put on hiatus due to the pandemic but is being offered again starting this Fall. The scholarship is open to full-time Juniors or Seniors enrolled at the UOG School of Business & Public Administration. Students with a genuine interest in promoting entrepreneurship are invited to apply. Call or click the links for more information.
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US SBA UPDATE: TABLE BUSINESS SIZE STANDARDS |
A size standard, which is usually stated in number of employees or average annual receipts, represents the largest size that a business (including its subsidiaries and affiliates) may be to remain classified as a small business for SBA and federal contracting programs. The definition of “small” varies by industry.
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DID YOU KNOW?
With your Chamber Health Insurance Plan, you can register/login to your member portal at www.calvos.net and have immediate access to your claims history, plan benefits, and deductible accumulator?
Ask us more about our group Health Insurance Plan!
Call (671) 472-6311 for details.
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Virtual Door Knock 4
ASEAN Summit and IPEF
May 31 (11am ChST)
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The AmChams of Asia Pacific will hold the fourth in its 2022 Virtual Door Knock Series that will focus on the Indo-Pacific Economic Framework, Trade, and ASEAN.
Ambassador Ashok Mirpuri, Singapore Ambassador to the US, will provide his view on the US-ASEAN Special Summit and the evolving engagement between the United States and the region, especially as it related to the Indo-Pacific Economic Framework (IPEF).
Dr. Deborah Elms, Founder and Executive Director of the Asian Trade Centre, will provide her insights on how the IPEF will be incorporated into the existing regional trade architecture.
Ambassador (ret) Rufus Yerxa, former Deputy USTR, will provide the context of how the IPEF will compare to existing US trade agreements.
Any member of any AmCham in the Asia-Pacific region can register. Please rsvp to rebekah@guamchamber.com.gu by no later than Friday, May 27th.
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Roll Back Guam's BPT For All Businesses!
Sign the Petition Today!
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Action PAC, Inc. invites all legal voting-age residents of Guam to sign the petition to roll back the Business Privilege Tax (PBT) from 5% to 4% or more immediately and have their voices heard by our elected officials.
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Streaming NOW
on Spotify and YouTube!
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We've received great feedback for our first podcast episode! Have you had a chance to listen? In this first episode, we introduce the podcast host, Catherine Castro, President of the Guam Chamber of Commerce, and our 2022 Chairman of the Board, Ed Untalan, who discuss what the Guam Chamber of Commerce has in store in the coming months and what to look forward to in future podcast episodes.
Have a listen and let us know what topics you are interested in the Chamber covering in future episodes.
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Consumers Haven’t Felt This Bad About the Economy Since 2011
As measured by the University of Michigan, consumer sentiment hit its lowest level since May 2011.
Why it matters: Consumer sentiment has been down since the beginning of the pandemic.
- What’s surprising is it is lower than during the early months of COVID when the economy was largely shuttered, and we had little knowledge of how the virus would impact us.
Be smart: Inflation is driving down consumer sentiment.
- Consumers’ feelings about their current financial situation are at their lowest point since 2013. Prices are weighing on them.
- Looking ahead, they see higher prices stretching their budgets for the foreseeable future.
The big picture: Consumer sentiment is usually an important metric because consumers spend more when they feel good about the economy.
- For now, however, consumers are spending above the rate of inflation despite higher prices.
Bottom line: Many analysts believe we’ll avoid a recession in the near term. However, if consumers cut back on inflation-adjusted spending, that optimism will evaporate.
—Curtis Dubay, Senior Economist, U.S. Chamber of Commerce
Articles of Interest:
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2022 Pacific Defense Contracting Summit
September 27 - 29
Honolulu, Hawaii
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If you would like to vote but are not registered, you can register online at the Guam Election Commission's website. You will need to have either a valid Guam Drivers License or Guam identification card to register electronically.
Dates to remember:
Guam Primary Election: Saturday, August 27, 2022 [Polls open: 7 am - 8 pm]
General Election: Tuesday, November 8, 2022
[Polls open: 7 am - 8 pm]
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