AGP Executive Report

Last update: 4 hours ago

Disaster Readiness: FEMA acting administrator Bob Fenton says the agency is ready for the June 1 hurricane season, even as it faces internal and external pressure to reshape disaster response. Cybersecurity & Government Ops: GovGuam websites were hit via a zero-day flaw in cPanel; no sensitive data was taken, but officials say security staffing and patching gaps were exposed. Tourism & Markets: Guam tourism agencies are pushing Marianas promotion in Japan, while a new opinion argues Guam must shift from “restoration” to innovation to regain competitiveness as arrivals lag. Public Finance & Accountability: Public Auditor Benjamin Cruz told the Guam Chamber the delayed FY2024 compliance audit is triple the prior size, with questioned costs of $22.6M and findings that GovGuam disputes; he also says the FY2025 audit could be out by November. Small Business Funding: Guam’s GEDA received a second SSBCI tranche (~$19.5M) to keep lending and venture support flowing for local firms. Energy Costs: Gas prices fell on Guam (regular down 15 cents to $5.979; diesel down 50 cents to $6.849). Regulatory/Legal: The AG is seeking settlement talks in the Mangilao hospital dispute as federal funds near an end-of-year deadline. Infrastructure & Defense: The Coast Guard commissioned the fast response cutter Vincent Danz, the fourth homeported in Guam, and military exercises are shifting beyond Guam’s usual economic certainty.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

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New funds under federal credit program accessible to Guam's small businesses

New funds under federal credit program accessible to Guam's small businesses


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