News - Guam

Tokio Marine Pacific Insurance Limited, which recorded premiums written of approximately $176 million USD in 2022, will be soon be acquired by locally-owned Calvo Enterprises, Inc.

While the U.S. Missile Defense Agency awaits approval for the $9.6 billion it’s seeking in the fiscal 2023 budget, it is moving ahead with plans for Guam.
 

DFS launched a new experience for their clientele, inviting them to Explore New Dimensions in the world of beauty.

Nauru Airlines added a Boeing 737-800F to its fleet for freight operations. The airline operates four Boeing 737-300 passenger aircraft, and services to Brisbane, Honiara, Majuro, Nadi, Pohnpei and Tarawa. During the FAA’s downing of Asia Pacific Airlines to islands in Micronesia, Nauru Airlines began carrying cargo on routes in the region.

As Guam opens and recovers from a global pandemic and a super typhoon, nonprofit and other organizations are doing their part in giving back to the community with new and annual events – a welcome diversion.

Guam has been an attractive destination for Korean travelers for decades, with increasing demand every year. The Korean market growth, like all others, was interrupted in 2020 when the COVID-19 pandemic hit, and the tourism industry came to a halt.

New businesses are taking advantage of Guam’s positive reception of fresh offerings.

The island’s newest projects are a steady sign of planned economic growth, but delays have been forced upon them.