IP & E Holdings LLC, a Filipino firm owned by the Delgado family, has acquired world’s leading oil refiner Royal Dutch Shell’s downstream marketing businesses in the North Pacific Islands, including Guam, Saipan and Palau. Shell announced this in a...
The agreement awaits federal regulatory approval. IT&E President and CEO Jose Ricardo Delgado signed the purchasing agreement. Palau -- about 100 people, according to Delgado -- will be given the chance to continue working, Delgado said. For the most part,...
Northern Mariana Islands — Casino investors are buying up hotel properties on Rota, the second-largest island of the Commonwealth of the Northern Mariana Islands, in hopes of attracting military gamblers once the U.S...Japanese and Korean investors separately bought two Rota...
A Colorado-based investor wants to increase his ownership in ML Macadamia Orchards LP to 45 percent of the partnership's Class A units, and has begun a tender offer for the shares. HonoluluAdvertiser.com welcomes comments from readers. Please be advised that...
Tamuning :: Guam
| updated Sun Nov 29 09:19:19 -0800 2009
| business-news
It's more convenient," Pestanas said, explaining that purchasing items online was her main method of buying gifts for family members. Marilyn Megofna of Barrigada said Saturday that she shopped online for family members in the mainland.
The iConnect telecommunications company launched its Global System for Mobile Communication service yesterday, which will allow customers to receive e-mail, use the Internet, and send each other peer-to-peer prepaid "loads," said General Manager Edith Gomez. GSM service, branded as "iConnect...
Corporate regulators had earlier ruled to suspend the trading of Benguet's shares following the company's failure to inform the investing public that it had already been issued default notices by other creditors previously. "However, we likewise inform the SEC (Securities...
Guam consumers are more optimistic about the future prospects of the local economy than they were six months ago, but they are still as cautious about spending on big-ticket items like appliances and television sets. The University of Guam's Pacific...
Tamuning :: Guam
| updated Sun Nov 22 13:01:21 -0800 2009
| business-news
Jone Usamate said migration to other countries for better pay and living condition had brought about the situation. "Demand for skilled labour in Australia, New Zealand and more recently Guam and Papua New Guinea has escalated," said Mr Usamate. There...
Tamuning :: Guam
| updated Sat Nov 21 09:07:06 -0800 2009
| business-news
Continental Airlines has won top honors in two categories in the 2009 OAG Airline Industry Awards, according to the airline's recent press release on continental.com. BusinessFirst, Continental's international business-class service, was named "Best Executive/Business Class."
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