Economics and Commercial Development - Guampedia

Ancient Guam Era, Ancient Guam: Economics, Chamorro Culture, Civic Society, Division of Resources, Early Historic Accounts, Economic Systems, Economics and Commercial Development, European Exploration, Trade and Scientific Studies, Historic Eras of Guam, Our Heritage, Trade, Transportation, Technology and Communications

The Matao Iron Trade Part 2: Galleon Trading and Repatriation

Between 1565 and 1665, Guam’s southwest coast received sporadic visits from Spanish vessels, including the first wreck of a trade galleon (San Pablo, 1568), as well as the first encounters with Dutch and English mariners. However, a more significant exchange venue was established in the 30-mile wide Rota Channel to trade with the Spanish ships crossing regularly from New Spain (Mexico) to the Philippines.

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The Matao Iron Trade Part 1: Contact and Commerce

Members of the matao, the highest-ranking strata of Mariana Islands society in the 16th and 17th centuries, carried on the first sustained cultural interaction and commercial exchange between Pacific Islanders and Europeans. From Ferdinand Magellan’s 1521 visit through the establishment of the 1668 Spanish Jesuit mission, these island traders, primarily from Guam and Rota, regularly bartered food staples and craftwork for iron goods with Spanish exploration and trade vessels, Dutch expeditions and English privateers.

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Civic Society, Contemporary Guam: Economics, e-Publications, Economics and Commercial Development, Guampedia Resources, Multimedia

Na’lå’la’ i Kostumbren Guåhan, Living the Guam Brand

Na’lå’la’ i Kostumbren Guåhan, Living the Guam Brand. Guam Visitors Bureau Conference. April 7 – 8, 2011 Hyatt Regency, Tumon Guam.

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Civic Society, Economics and Commercial Development, European Exploration, Trade and Scientific Studies, Historic Eras of Guam, Spanish Era: Economics, Spanish Era

Spanish Coinage in Guam

The early years. A method of barter was in common use by native CHamorus long before the Spaniards arrived in Guam in the 16th century. Because of this barter system and the absence of commerce, there was no need for a coinage system in Guam during the first 150 years of Spanish rule.

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Civic Society, Contemporary Guam: Economics, Economics and Commercial Development, Guamanian Era: Economics, Historic Eras of Guam, Modern Guam Rises, Post WWII Era, Transportation, Technology and Communications, US Naval Era

Port of Guam

Guam’s commercial port, operated by the Port Authority of Guam, is located at Cabras Island in the village of Piti. It is Guam’s only deepwater port and it handles approximately 90 percent of the island’s total imports.

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Civic Society, Economics and Commercial Development, European Exploration, Trade and Scientific Studies, Historic Eras of Guam, Spanish Era: Economics, Spanish Era, Trade

Trepang Trade

The 19th century trepang trade was a profit-driven industry throughout the Pacific, most notably in Melanesia and the western Pacific, and lasted as a viable industry until the early 1940s. Today, it is a cottage industry in many parts of Melanesia.

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Civic Society, Contemporary Guam Era, Contemporary Guam: Economics, Economics and Commercial Development, Historic Eras of Guam, Interpretive Essays

Evolution of the Tourism Industry on Guam

To understand the evolution of tourism in Guam, it is useful to reflect on events that have happened since the advent of tourism in the early 1970s.

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Business Pioneers: Economics, Civic Society, Economics and Commercial Development, Historic Eras of Guam, People, People and Places, US Naval Era

Pedro Pangelinan Martinez

Pedro Pangelinan Martinez (1892-1967), also known as “Don Pedro,” was the founder of Pedro’s, a company that at one time included an ice plant, a cold storage, a mini-supermarket, a wholesale and retail business, a construction company, an automobile agency, and two large farms that provided beef and vegetables to the island.

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Business Pioneers: Economics, Civic Society, Contemporary Guam Era, Economics and Commercial Development, Guamanian Era, Historic Eras of Guam, Modern Guam Rises, People, People and Places, Post WWII Era

Pedro Martinez Ada

Pedro Martinez Ada (1903 – 1995) founded numerous enterprises with his wife, Maria Palomo Ada, including a general store, supermarkets throughout the island, warehouses, a bowling alley, and numerous commercial and residential buildings throughout Guam.

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Maria Palomo Ada

Maria Palomo Ada (1903 – 1996) also known as “Tan Maria” to the many in the community who knew her, co-founded a series of business ventures along with her husband, Pedro Ada, or “Tun Pedro” as he was more affectionately known.

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