AGP Executive Report
Last update: 6 hours agoGVB Legal Storm: A former Guam Visitors Bureau employee has filed a $61.5M federal lawsuit alleging years of sexual assault and harassment by former Gov. and GVB GM Carl Gutierrez, plus alleged coverups and institutional failures by GVB leadership, including board chair George Chiu. Education Costs & Capacity: Guam Department of Education officials are weighing possible closure of six southern elementary schools as enrollment declines and operating costs rise, part of a multi-phase rightsizing plan. Typhoon Supply Chain Check: One month after Super Typhoon Sinlaku, Guam’s commercial supply chain is back to full operational capacity, though perishable grocery logistics, fuel distribution, and emergency utility dependencies still pose headaches. Energy & Household Budgets: A proposed Guam Power Authority rate increase would add about $58.31 per month for an average residential customer, raising pressure on already strained family budgets. Local Business Upside: Optimism is rising in Guam’s small business sector of commerce, even as operators continue to manage post-storm and cost pressures. International Deal Watch: South Korea’s DB Insurance completed its $1.65B all-cash acquisition of Fortegra, expanding its U.S. footprint that includes a Guam branch.
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