Latest business & startups news and updates
Maui Health recently announced the promotion of Penny Koval, MSN RN, NHA, to Vice President, Assistant CEO, and Critical Access Hospitals Administrator. This move underscores Maui Health's dedication to its community and highlights the importance of leadership in the healthcare sector.
The Thirty Meter Telescope (TMT) project is exploring a 'promising path forward' in Spain, potentially moving the astronomical observatory from its originally proposed site on Mauna Kea, Hawaii. This shift could have significant implications for Hawaii's economy, particularly impacting sectors anticipating the project's economic benefits and also creating new opportunities for space and tech businesses in Spain.
A recent analysis by Farm Flavor reveals that Maui County generates $103.7 million in annual farm sales, solidifying agriculture's crucial role in the local economy. This figure underscores the potential for growth and investment within Maui's agricultural sector, providing opportunities for local businesses and entrepreneurs.
The Department of Commerce and Consumer Affairs (DCCA) has revoked the termite license of Kamaʻaina Termite & Pest Control, significantly impacting the company's operations and raising concerns about consumer protection in Hawaii. This action follows a settlement agreement and highlights the importance of regulatory compliance for businesses operating in the state.
U.S. consumer confidence took a significant hit in November, driven by concerns over inflation, job market stagnation, and the aftereffects of the recent government shutdown. This decline could foreshadow challenges for Hawaii's businesses, particularly those reliant on consumer spending.
Queen Kaʻahumanu Center is set to kick off the holiday shopping season with a Black Friday celebration, offering exclusive deals, giveaways, and a coveted gift-with-purchase for the first shoppers. The event underscores the importance of local retail in driving economic activity during the crucial holiday period on Maui.
As Hawaii enters hurricane season, the business community must prepare for potential disruptions. This year, concerns are heightened by federal cutbacks that could impact the state's ability to predict and respond to severe weather, alongside shifts in intelligence priorities that may affect long-term preparedness.
The Hilo Benioff Medical Center's $80 million expansion project is progressing steadily, with the anticipated full completion scheduled for 2027. This development is expected to significantly impact the healthcare infrastructure and provide a boost to the local economy on the Big Island.
Hawaii's independent workers, including entrepreneurs, freelancers, and gig workers, are bracing for a significant surge in health insurance premiums in 2026. This increase, driven by the expiration of federal tax credits and rising healthcare costs, poses a serious challenge to the financial stability of many small businesses and self-employed individuals across the islands.
Hawaii businesses brace for a challenging Black Friday as anticipated record crowds may find fewer deals due to increased costs and tariffs. This situation presents both hurdles and opportunities for local retailers and impacts consumer spending this holiday season.
Hawaii's iconic flower industry, a cornerstone of its cultural identity and tourism, is facing significant challenges, including global competition, rising costs, and changing consumer preferences. This shift necessitates adaptive strategies for local businesses and policymakers to ensure the industry's survival and continued contribution to the Hawaiian economy.
Hawaii's independent workers and small business owners are bracing for significant increases in their Affordable Care Act (ACA) health insurance premiums as federal subsidies expire. This shift could have profound economic consequences for the state's entrepreneurial spirit and the financial well-being of its residents.
In response to federal funding shortfalls, the Hawaii State Legislature has approved a $50 million grant program to aid local nonprofits providing critical services. This initiative, part of Act 310, provides financial relief to organizations across various sectors, including healthcare, human services, and education.
In response to rising egg prices, the Hawaii County Council has passed a bill legalizing household henneries in most residential zones. This move aims to increase food resilience and offer residents an alternative to expensive store-bought eggs, with implications for local food production and community self-sufficiency.
Hawai'i's agricultural sector is embracing technology to safeguard property and livestock, according to recent data from the U.S. Department of Agriculture. This shift signifies a crucial evolution in the local farming landscape, with significant implications for entrepreneurs, investors, and the overall economic resilience of the islands.
Par Hawaiʻi and its associated Hele convenience stores have initiated a statewide fundraiser to aid local food banks across the Hawaiian Islands. This initiative stems from the adjusted eligibility for the Supplemental Nutrition Assistance Program (SNAP), highlighting the impact on Hawaii's families.
The Hansen family of Kīhei is once again spearheading their annual toy drive and fundraiser for the Children's Justice Center of Maui, a tradition now in its 26th year. This dedicated effort provides crucial support to children and families facing difficult circumstances, highlighting the importance of community involvement and corporate social responsibility during the holiday season.
This month marks the 50th anniversary of the devastating Kalapana earthquake, the largest earthquake in Hawaii during the 20th and 21st centuries. This event serves as a crucial reminder for Hawaii's business community to assess risk and proactively prepare for potential natural disasters.
The Hawai'i County Council has passed a bill legalizing household henneries in many residential zones, potentially easing the burden of high egg prices for residents. This decision could also open doors for entrepreneurs and boost local food production across the Big Island.
The University of Hawai'i West O'ahu (UHWO) film studio project is nearing a critical stage, with the finalization of a long-term ground lease and development agreement. This project, spearheaded by the Hawaii Studio Group (HSG), promises to be a significant boost for Hawaii's film industry, offering opportunities for local entrepreneurs and attracting further investment.