News

MAJURO, Marshall Islands — The fire was still burning at the Marshall Islands parliament on Aug. 26 when the Marshall Islands Cabinet met in emergency session and approved a plan to fast-track the construction of a new parliament building.

Team King Investments (CNMI) LLC has finalized its $12.95 million purchase of Imperial Pacific International’s casino assets, marking a turning point not only for the stalled Garapan resort but also for investor confidence in the Northern Marianas’ tourism-dependent economy.

As the warm breezes sweep across the pristine waters of the Pacific, a new tide is rising — the digital wave of artificial intelligence.

This issue of the Journal shines a light on small businesses.

Persistence and purpose can be driving attributes of successful businesspeople. But we all had to start somewhere. Along the way each of us learns from a mentor or through experience the valuable lessons that define our style of management, and what we believe to be our guiding lights, and so with maturity comes wisdom. Leading and longtime businesspeople in the islands share one important lesson that they have learned along the way.

The island’s veterinary sector is small but vital. About eight clinics serve Guam’s pet population, a market that continues to grow alongside increasing pet ownership and changes in cultural perceptions.