Guam - First Hawaiian Bank today released its annual report on the island's economy. According to the report, 2013 is promising to be at least as favorable as 2012 and potentially a better year.
-Tourism numbers are already tracking above 2012 numbers. In 2012 Guam saw record breaking tourism arrivals with 1.2 million visitors coming to the territory.
-As for the buildup, despite the 6-year delay many in Guam believe recent developments provide more certainty that the buildup will happen.
-Guam, meanwhile continues to enjoy another year of low inflation with little threat of increase in the near future.
-And finally according to the report, the real estate market is still moving along at a slow pace but is expected to pick up when the military buildup commences.
The hospital board approved an array of fee increases during Thursday night's board meeting. The GMH board of trustees has since reviewed the list of new fees and the updated professional fees which went up for a public hearing last month. The 98 new feeMore >>