News

MAJURO, Marshall Islands — After decades of challenges presented by correspondent banking relationships and many years of conversation within government about a central bank, the Marshall Islands minister of finance announced in late August an initiative to establish the country’s first monetary authority.

Many times, I am asked to speak to someone's belief, only to confirm a suspicion, a thought, a myth or otherwise. I also hear frequently, that, “It's never been this hot before,” or it is simply getting hotter and hotter.

Overall Guam’s economy is improving with cautious optimism for the remainder of 2024 and into 2025.

Guam's entrepreneurial environment lends itself to good ideas, whether that's buying a business, expanding or offering service in a refreshing way. Three businesses have taken advantage of their ideas and seen them through from start to finish.

MAJURO, Marshall Islands — New United States Ambassador to the Marshall Islands called the western Pacific nation American’s “closest partner.”