Interest Rates are Up, So Number of New Mortgages is Down
The total of home loans issued in Hawai‘i through the end of October dropped 38% from the same period last year.
Finance
Here’s What Happens When Workers Become Employee-Owners
The perks of an ESOP include more company tax deductions and employee retirement benefits, and businesses that won’t be gutted by outside buyers.
Hawai‘i’s Most Profitable Companies 2022
Fueled by its China service, Matson tops the list that shows how 70 companies and nonprofits fared in 2021, a year of recovery.
Homeowners’ Omissions Provide More than $30 Million to Honolulu Treasury
More than a third of all owner-occupied homes on O‘ahu are not covered by property tax exemptions because owners did not submit the paperwork. You have until Sept. 30, 2022 to fix that oversight.
Higher Mortgage Rates and Fewer Sales May Finally Be Affecting Prices
In half of the 12 real estate regions on O‘ahu, asking prices have been reduced on at least 30% of the current listings.
Disasters Can Shut Down a Business for Months. How Would You Pay for it?
Business interruption insurance covers lost income and expenses from fires, flooding and cyberattacks.
How to Plan for Business Growth When the Future Is Uncertain
6 strategies to move past survival mode and start thinking long term.
What’s Next for Hawaii State Federal Credit Union
CEO and President Andrew Rosen talks about new branches and a new headquarters, plus enhanced ATMs and a commitment to financial literacy.
Here’s Which Ethnic Groups Make the Most Money in Hawai‘i
Some new data is surprising, but other data confirms what has long been known about Hawai‘i’s social and economic hierarchy.
What’s Next for Central Pacific Bank
Technology, the pandemic, global instability, climate change and other factors are driving change and uncertainty worldwide. We want to know how important Hawai‘i organizations are responding to this change and uncertainty.
How Honolulu's Rail Compares to Other Federally Funded Projects
It’s common for rail projects to have cost overruns, but few are as large as Honolulu's.
A Look at the Rail's Increasing Price Tag and Pushed Back Completion Dates
We tracked some of the project's major milestones, including cost increases, funding deficits, lawsuits and voter input.
Hawaiʻi's Most Profitable Companies 2021
A look back at gains and losses in a tumultuous year.
Hawai‘i Voices: Your Money, Your Kids, Your President
BOSS Survey of business leaders and 808 Poll of the general public ask people about their personal finances, their children’s education during the pandemic, and Biden vs. Trump.
Local Companies Remain Weak on Revenue, Profit and Employment
BOSS Survey of 447 business owners and executives finds lackluster performance on all three measures for most local companies
Central Pacific Bank says Rebranding Reflects “Digital-First Mindset”
Central Pacific Bank, which unveiled a $40 million renovation of its downtown Honolulu headquarters on Jan. 26, has also launched a rebranding campaign.
Investing in People, Companies and the ʻĀina
The pandemic accelerates new ways of lending, financing and investment in the Islands.
What Does it Mean to be a CDFI and a Credit Union?
Two local CDFI-certified credit unions say the certification gives them access to additional funding and resources from the U.S. Treasury Department’s CDFI Fund.
Deep Dive: Impact Investing
Four elements that define this practice and how you can get involved.
Hawai‘i Economics and Economists in the Spotlight
Local public debates often include economic information and analysis, but the pandemic and resulting economic crisis have intensified the demand for real-time data and understanding.
5 Steps to Maintain Your Credit During Divorce
Sadly, over 50% of marriages end in divorce. As part of the divorce process, many of the people involved are either buying or selling a house, or both. It’s not surprising then that divorce lending professionals are a trend in…
Protecting Your Business's Biggest Asset: You
Provided by Geal Talbert, CFP®, CEPA®, and Brandon Park, CFP®, CEPA® There are many considerations for owners during times of uncertainty – safeguarding employees, limiting operational disruptions, and protecting the assets of their companies. Oftentimes, the biggest "asset" of a…
Thinking About Selling Your Business?
What is the Business Succession Group? Based on the "State of Owner Readiness Survey" conducted by the Exit Planning Institute in 2013 76% of business owners state they would like to transition in the next 10 years, while 48% indicated…
Modern Life Off the Grid
Three years ago, after the Big Island was rocked by a 6.6 magnitude earthquake and power failed across the state, Judi Steinman and her husband, Shaul Baruch Janes, watched movies on their flat-screen TV and drank cold beverages from the…
Local Life Lessons
A little book has important advice for some of the Islands' big-business leaders Growing up, Wesley Park aspired to be ordinary. He ended up being extraordinary. When he was 4 years old, Park was stricken with polio. The debilitating disease…
25 People for the Next 25 Years
Thirty-year-old developer Adam Wong has an intoxicating vision for a vibrant — and affordable — Honolulu. Thirty-three-year-old James Koshiba dreams of a new generation of socially-conscious businesses that do as much for the community as they do their bottom lines.…
