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ratehospitals.com

You may not think of a shopping mall as a place to receive advanced medical care. But next year, that’s exactly what’s coming to Pearl Ridge.  Pacific Business News Editor in Chief A. Kam Napier has more.

If you’ve been to Pearlridge’s Downtown phase, you may be familiar with the Ross Dress for Less location built into the ground floor of the adjacent parking garage. Expect something completely different by late 2017. The space is being redeveloped into a cancer treatment center as a joint project of Hawaii Pacific Health and the Cancer Center of Hawaii.

www.bizjournals.com
www.bizjournals.com

Last year, Catherine Ngo became president and CEO of Central Pacific Bank. Pacific Business News caught up with Ngo this week to learn more about her plans. Editor in Chief A. Kam Napier has the story.

Pixabay Commons
Pixabay Commons

The state of Hawaii knows its technology infrastructure is behind the times. Now government officials are reaching out to the tech community for help. Pacific Business News Editor in Chief A. Kam Napier has more.

Now that the Public Utilities Commission has rejected the NextEra acquisition of HECO, what’s next for our electric utilities? Pacific Business News Editor in Chief A. Kam Napier has more.

Last Friday, the PUC gave its long-awaited answer to whether or not Florida-based NextEra Energy could buy the three utilities currently owned by Hawaiian Electric Industries.

Paul Sableman / Flickr
Paul Sableman / Flick

Economic development in Honolulu’s Chinatown is brisk but faces lingering challenges with homelessness, crime and sanitation. Pacific Business News Editor in Chief A. Kam Napier has more on the competing plans to turn Chinatown around.

Chinatown is a complex neighborhood. There are a lot of different landowners, business owners and community groups. Then there’s government, and that’s complex too. Multiple layers of city zoning rules have preserved the historic character of the neighborhood but can make it slow going for businesses that want to establish themselves there.

Wikipedia Commons
Wikipedia Commons

A major real estate deal in Windward Oahu could have ramifications for Downtown Honolulu. We get more on that story from Pacific Business News Editor in Chief A. Kam Napier.

This week PBN learned that Castle Medical Center will acquire the Hawaii Loa campus of Hawaii Pacific University.  Financial terms have not been disclosed and the deal is not entirely complete.  Both parties now enter months of additional due diligence.  But it could mean big changes for both institutions in the not too distant future.

Startup Hiccup

Jun 23, 2016
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Pixabay Commons

What happens when the state agency tasked with fostering a high-tech start-up industry in Hawaii goes underfunded? Hawaii is about to find out. Pacific Business News Editor in Chief A. Kam Napier has more.

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Pixabay Commons

Recent Chinese investments in Hawaii real estate total nearly one billion dollars. Pacific Business News Editor in Chief A. Kam Napier has more on what they buying and what it means.

Wikipedia Commons
Wikipedia Commons

Strange but true — the next big wave in Hawaii resorts might be those featuring artificial surf lagoons. Pacific Business News Editor in Chief A. Kam Napier has more.

Hawai‘i is the birthplace of the sport of surfing, and home to some of the world’s most famous surf breaks.  But for visitors seeking to hang 10, surfing out in the wild poses two challenges.  It can be unpredictable, and it can be dangerous.

So perhaps it’s not so surprising that not one, but two new resorts are being planned for West O‘ahu that prominently feature artificial wave pools.

Mission Military

Jun 3, 2016
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Pixabay Commons

Mission Military: What you Need to Know About Hawaii's 2nd Largest Industry  

The military in Hawaii represents the state’s second largest industry, after tourism. Pacific Business News Editor in Chief A. Kam Napier has more on what we can expect in terms of its size and spending.

Steve Snodgrass / Flickr
Steve Snodgrass / Flickr

New federal rules about overtime pay go in effect this December. And that could mean big changes for many island businesses. Pacific Business News Editor in Chief A. Kam Napier has more.

On December 1st, the U.S. Department of Labor will raise the threshold for overtime pay from $23,660 to $47,476.  Most people associate overtime pay with hourly workers, not salaried employees, who earn a flat annual amount regardless of how many hours worked.  But this rule is aimed right at those salaried employees.  

Alexa / Flickr
Alexa / Flickr

Two Mainland energy companies have invested more than half a billion dollars in Hawaii recently...on fossil fuels. Pacific Business News Editor in Chief A. Kam Napier explains why.

The two companies are Houston-based Par Pacific Holdings and New York-based One Rock Capital Partners. Par purchased the state’s largest refinery, gas stations and more from Tesoro in 2013 for $539 million. It has since also acquired Mid-Pac Petroleum and the exclusive license to the 76 brand in the state for $107 million.

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www.bizjournals.com

Oceanit is a pioneer when it comes to developing a locally based high-tech business. The company was established 30 years ago by Dr. Patrick Sullivan, who’s got some new ideas for the decades ahead.  Pacific Business News Editor in Chief A. Kam Napier has more on what’s ahead for this company.

Castle & Cooke
Castle & Cooke

Castle & Cooke has permission to build is Koa Ridge development, but the delays from legal challenges will impact home buyers.  Pacific Business News editor in chief A. Kam Napier has more.

Koa Ridge was first proposed more than 15 years ago.  Now that its developer, Castle & Cooke, has the all-clear from the state Supreme Court to move forward, construction is expected to begin early next year.

Thomas Angermann / Flickr
Thomas Angermann / Flickr

The number of small businesses in Hawai‘i has declined in recent years, but the number of people employed by small businesses has increased. Here’s Pacific Business News Editor in Chief A. Kam Napier to explain.

Kyle Nishioka / Flickr
Kyle Nishioka / Flickr

Honolulu’s newest luxury condos come with stratospheric prices, but may seem like a bargain for some international buyers. Pacific Business News Editor in Chief A. Kam Napier has more.  


At Waiaea, there’s a penthouse priced at $36-million.  At the Ritz-Carlton residences in Waikiki, try $24-million for an apartment.  Park Lane at Ala Moana? You’d be looking to spend $20-million.

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Pixabay Commons

 Last year, Mayor Kirk Caldwell signed a law allowing homeowners to build accessory dwelling units. Pacific Business News Editor in Chief A. Kam Napier fills us in on where things stand with the ADUs today.

When they were announced last year, accessory dwelling units were touted as a potential quick fix to help alleviate O‘ahu’s housing shortage.  At that time, Mayor Kirk Caldwell noted that the zoning law change would allow ADUs on as many as 20,000 residential properties.

www.bizjournals.com
www.bizjournals.com

What do you do when a scandal has tainted your business? For Spire Hawaii, the answer was to start over. Pacific Business News Editor in Chief A. Kam Napier has more.

It was one of the most shocking moments in recent Hawaii business history when Patrick Oki was arrested last April at the Honolulu International Airport, upon his return from South Korea.  He’s awaiting trial on charges that he stole more than half-a-million-dollars from his own firm, PKF Pacific Hawaii, through a fraudulent reimbursement scheme.

www.bluewaikiki.com / Flickr
www.bluewaikiki.com / Flickr

As Stephan Jost departs the Honolulu Museum of Art for a new job in Canada, he’s leaving behind a number of achievements. Pacific Business News Editor in Chief A. Kam Napier looks back on his impact in the Islands.

Hoopili Rising

Mar 11, 2016
www.hoopilioahu.com
www.hoopilioahu.com

After years of debate and court battles, the master-planned community of Hoopili will break ground later this year. Pacific Business News Editor in Chief A. Kam Napier has a look ahead at what to expect.

A Look into Airbnb

Mar 4, 2016
Andym5855 / Flickr
Andym5855 / Flickr

You may have heard that growing numbers of kama‘āina are renting out rooms on Airbnb, but how many are doing so? And why? Pacific Business News Editor in Chief A. Kam Napier has more.

PBN got an exclusive first look at data researched by Airbnb from surveys of its Hawaii members. Airbnb is essentially an online marketplace for people who want to rent out some or all of a home they own to a traveler. The traveler, in turn, is looking for a deal, or more of a residential experience than they would find by booking a traditional hotel room.

billsoPHOTO / Flickr
billsoPHOTO / Flickr

There’s been a lot of discussion about how the city’s sewer capacity holds back development. Turns out there’s more than a shortage of pipes at play. Pacific Business News Editor in Chief A. Kam Napier has more.
  

PBN plumbed the sewers from the perspective that we’re facing a critical housing shortage.  Oahu needs nearly 26,000 units over the next decade just to meet the natural demand from a growing population.

Paul Sableman / Flickr
Paul Sableman / Flickr

Three major office buildings have been put on the market by their Hawaii-based owner. It the sales go through, it could shake up the city’s office market. Pacific Business News Editor in Chief A. Kam Napier has more.

Whenever a real estate deal becomes newsworthy it’s for one of two reasons: the owner is significant, or the properties are.  In this case, both are at play.

Daniel Ramirez / Flickr
Daniel Ramirez / Flickr

To last for more than a century, an organization has to reinvent itself. That’s what Bishop Museum president & CEO, Blair Collis, has been doing. Pacific Business News Editor in Chief A. Kam Napier has more.

In 2011, Blair Collis became the youngest chief executive in Bishop Museum’s long history and the first to be promoted to the top spot from within.  Collis rose up through the business side of the museum.  His first director-level job there was as head of Bishop Museum press in 2003, then on to such roles as VP of sales and marketing, chief operating officer, and more.

Like many city and states across the country, Hawaii hopes to position itself as a paradise for tech start-ups.  As Pacific Business News has found, there may be another way forward.  Editor in Chief A. Kam Napier has more.

There’s been a concerted effort of the part of both the public and private sectors in Hawai‘i to create a sustainable tech startup environment.  There are a lot of good reasons to do so.  It would diversify the economy, create more high-paying tech jobs, and who knows, perhaps Hawai‘i could be home to the next Facebook.

Brian Lauer / Flickr
Brian Lauer / Flickr

When it comes to business in Hawai‘i, the focus is often on the hospitality industry. And while that still remains a pillar of the local economy, there has been some quiet but steady growth in the production of wine, liquor and beer.  Here’s Pacific Business News editor in chief A. Kam Napier with an inside look at the industry.

Kim / Flickr
Kim / Flickr

With a strengthening local economy, local nonprofits are embarking on ambitious capital campaigns for new facilities. But is there enough money to go around? Pacific Business News Editor in Chief A. Kam Napier has more.

Justin Ennis / Flickr
Justin Ennis / Flickr

As Maui looks ahead to a post-sugar future, officials fear the closure of HC&S could have an Island-wide impact.  Pacific Business News Editor in Chief A. Kam Napier has more.

Alexander & Baldwin’s HC&S sugar operation on Maui is huge.  At 36,000 acres. It’s bigger than the official city limits of San Francisco.  It employs 675 people, most of whom will be out of work as HC&S winds down operations by the end of the year.

Daniel Ramirez / Flickr
Daniel Ramirez / Flickr

Stock markets around the world began the New Year with lower values—especially in China. But for investors taking the longer view, 2016 may present some intriguing stories. And for those with an eye on local companies, one of those stories involves hometown financial stocks. HPR’s Bill Dorman explains.

Depending on how events transpire, it’s possible that two more local banks may be trading as independent companies at some point this year.  It’s been about 17 years since investors could buy shares of First Hawaiian Bank as a stand-alone company.

Pacific Business News
Pacific Business News

Jerry Rauckhorst has been a leader in Hawaii’s nonprofit social services world for two decades as head of Catholic Charities Hawaii.  As he plans for his retirement, he’s taking steps to leave the organization in top shape.  Pacific Business News Editor in Chief A. Kam Napier has more.

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