Maui Business

Kahoolawe Waters Open This Weekend

The Kaho`olawe Island Reserve Commission (KIRC) has announced the trolling schedule for permitted vessels in the month of February, 2011.

Inouye “Earmark” Moratorium Will Affect Many

Senate Appropriations Committee Chairman Daniel K. Inouye yesterday announced that the Committee will implement a moratorium on earmarks for the current session of Congress.

Grand Wailea Owners File Bankruptcy; Operations Continue

The owner of the Grand Wailea Resort Hotel & Spa along with several other luxury hotels and golf courses sought bankruptcy protection yesterday in Manhanttan, Bloomberg is reporting.

Good Year, Strong Finish for Hawaiian

Hawaiian Holdings, Inc., parent company of Hawaiian Airlines, Inc., today reported operating revenue increase of 16% to $34.8 million and operating income increase of 39% to $22.4 million over the same quarter a year ago.

Low Demand for Cement Confirms Construction Slowdown Will Last

Ameron International Corp.’s Hawaii Division said yesterday that sales and profits were lower for the fourth quarter, and for the full year, for the same periods in 2009, due mainly to the weak demand for aggregates and concrete on both Oahu and Maui.

Pacific BioDiesel Wins Military Contract, Venture Capital Award

On Friday, the Governor and military leaders will hold a press event announcing Maui-based Pacific BioDiesel’s new $2.4 million contract to assist the military in a biofuels demonstration project on Oahu.

Agriculture Advisory All Islands On Livestock Disease Outbreak in S. Korea

Ranchers and livestock operators on all islands are being strongly encouraged by the state Dept of Agriculture to review their biosecurity practices to prevent the virus from being transmitted to their farms and ranches.

NFL Charities Donates $100,000 to 26 Non-Profits; 2 on Maui Benefit

South Maui Sharks and Big Brothers Big Sisters of Maui are among twenty-six Hawaiian non-profit organizations who will benefit from $100,000 as part of the NFL Charities Pro Bowl Grant Program, the NFL announced Thursday.

Abercrombie Nominates Jesse Souki Director of State Planning Office

Former County of Maui Deputy Corporation Counsel Jesse Souki has been nominated for the State Director of the Office of Planning by Governor Abercrombie.

Taco Bell Lawsuit Alleges False Advertising; Is Meat All Beef

With three Taco Bell locations on Maui, customers may be interested to know that an Alabama law firm has filed a consumer rights class action lawsuit against the Taco Bell Corporation.

2010 Visitor Data Shows Hawai‘i Tourism Definitely in Recovery

According to the latest numbers released by the Hawaii Tourism Authority today, tourism showed a strong level of recovery in 2010, attracting more than 7 million visitors and $11.4 billion in visitor spending.

Young Brothers Goes Green with 400 Solar Panels

The 116kW photovoltaic system is capable of producing enough energy to power more than 1,000 light bulbs for a full year.

Canada’s WestJet Announces New Non-Stop Vancouver to Maui Summer Service

WestJet Airline summer schedule will include daily non stop service from Vancouver to Maui beginning May 2.

First Insurance Acquires Yamaga Client List To Offer Risk & Safety Management Services

Maui clients of C.K. Yamaga Safety & Health Consultant could now be served by First Insurance Company of Hawaii following a client list acquisition by the company.

Bank of Hawaii Net Income Grows 27.7% in 2010

By Sonia Isotov While the Bank of Hawaii (BOH) yesterday reported flat net income for the 4th quarter 2010, and for the year, BOH reported a 27.7% net income increase. Bank of Hawaii Corporation yesterday reported net income of $40.6 million or $0.84 per diluted share for the fourth quarter of 2010 compared with $40.5 […]

Maui Businesses Rally To Support First Science Olympiad on Maui

The Boeing Company and Pacific Defense Systems are among event judges at the First Maui Regional Science Olympiad Tournament held on Saturday, January 29, 1:30 – 2:30 pm, at the UH-Maui College campus.

Two Maui Ocean Tech Companies Receive Almost $1 Million in CEROS Awards

The National Defense Center of Excellence for Research in Ocean Sciences (CEROS) announced $6.9 million in FY10 funding; two Maui companies will receive almost $1 million.

Central Pacific Bank’s Parent Plans Reverse Stock Split to Avoid Regulatory Action

Over the past several months, the parent company of Central Pacific Bank (CPB), the Central Pacific Fund, Inc. (CPF) announced various transactions in connection with its proposed $325 recapitalization effort.

First Hawaiian Bank Posts 5.8% Earnings Increase for 2010

First Hawaiian Bank reported net income of $50.2 million for the fourth quarter 2010, a 4.0 percent gain over the comparable fourth quarter.

Walmart Launches Major Initiative to Make Food Healthier, More Affordable

At an event today in Washington, D.C., Walmart, unveiled a comprehensive effort to provide its customers with healthier and more affordable food choices.
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