(Photo from Guam Online)MORE Filipino businessmen are now looking at Guam as a possible investment area, expecting to benefit from the transfer of some 40,000 US military personnel, dependents and civilian workers to the island over a five-year period. This developed at the close of the recent Guam Trade Mission conference at Renaissance Hotel, which attracted about 172 Filipino executives and businessmen.
Consequently, a Guam-Philippine Business Council has been formed to push forward and strengthen trade and investment ties between businessmen from both countries. (Click here for the rest.)
PACIFIC Telecoms Inc. (PTI), the Micronesian subsidiary of Citadel Holdings Inc., is looking to expand its telecommunications services to Hawaii before the end of 2009.
In an interview with the BusinessMirror, Jose Ricardo P.R. "Ricky" Delgado Jr., president and chief executive officer of Citadel and PTI, said: “We’re looking to sell our [long-distance] phone cards to Hawaii first, and exploring other options where we can do business.” The planned expansion will be carried out through PTI’s Guam-based telecoms unit, IT&E Overseas Inc. (Click here for the rest.)
(From left: Ricky Delgado, Jr.; Guam Gov. Felix P. Camacho, and Ricky Delgado, Sr. at the cocktails for the recent Guam Trade Mission. Photo by Rhoy Cobilla)
