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What is your biggest economic concern going into 2019?

on February 4, 2019 | Leave a comment
Business Bites

Untalan

“At this point, it deals solely with the buildup and construction industry as a whole. Specifically, if there should be any “resistance” in the forms of political (local and national) pushback toward the buildup and continued delays in the H-2 hiring process for workers outside the fence.”

—    Edward G. Untalan, senior vice president and Guam-CNMI region manager, First Hawaiian Bank

 

 

Clark

“My biggest economic concern for 2019 is: nearly all markets (stocks, bonds real estate) look like they are in a bubble. While it’s nearly impossible to predict when bubbles burst, it has to happen at some point.”

—    Scott Clark, partner and managing director, Polaris Asset Management Guam Inc.

 

 

 

Oh

“The biggest economic concern going into 2019 is the stabilization of GovGuam finances. I believe it is critical we have a balanced budget, while also increasing efficiency. As a major contributor to the local economy, many lives would be impacted if GovGuam does not adapt to the financial challenges as well as appropriate resources towards planning for the future. Just like private enterprises, I believe GovGuam need to invest in the future of the island.”

—    Tae S. Oh, president of Vantage Advertising, Ivy Educational Services and Alupang Residences

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