• Chamber news now available online • Busy week of ship arrivals begins Sunday • Basic investing seminar is set • Unemployment rate drops again • Bank of Hawaii gives to local loan fund
Chamber news now available online-
The Kaua’i Chamber of Commerce launched its enhanced Web site, www.kauaichamber.org, which among other things allows users to access the monthly Chamber newsletter, join the Chamber, and sign up for training opportunities, said Mamo Cummings, Chamber president.
The Chamber has a membership training survey underway now, where members can indicate the types of training they’d attend, and the best days and times for them to attend training sessions. Tomorrow, Monday, Sept. 30, is the deadline to respond to the Chamber legislative survey, she said. Finally, the Chamber, along with Hawaii Hotel Association Kaua’i chapter, Kauai Board of Realtors, Kauai County Farm Bureau, Poipu Beach Resort Association, Kauai North Shore Business Council and other organizations, are planning a candidates’ forum some time next month, for those who qualified for the Tuesday, Nov. 5 general election. For more information, please call 245-7363, or see the Web site.
Busy week of ship arrivals begins Sunday-
The 915-foot-long cruise ship Vision of the Seas makes a visit to Nawiliwili Harbor Sunday, Sept. 29, scheduled to arrive at 7 a.m. and leave at 6 p.m. the same day. On Tuesday, Oct. 1, the 857-foot-long MV Dawn Princess makes the first of its two visits this week, the second being this Friday, Oct. 4, in at 7 a.m. both days, and out at 6 p.m. both days.
Basic investing seminar is set-
Ruben Rea, the Edward Jones investment representative at the company’s Hanama’ulu office, hosts a free seminar, “Investing Basics,” at 6:30 p.m. this Tuesday, Oct. 1, at Island School behind Kauai Community College in Puhi.
He will cover topics such as how to examine current personal financial situations, understanding investment basics, controlling taxes, identifying risk tolerance, and managing risk. For more information or to reserve a seat, please call 632-0351.
Unemployment rate drops again-
The Kaua’i unemployment rate of 5.1 percent last month marked at least a six-year low jobless figure, according to numbers from the state Department of Labor and Industrial Relations. Just 1,500 Kauaians who wanted to work were not working, also a several-year low. Last month, there were 29,250 people in the civilian labor force on Kaua’i, and 27,750 were working. In July of this year, the Kaua’i unemployment rate was 5.4 percent, and in August of last year it stood at 6.8 percent. The Kaua’i unemployment rate last month stayed well below the Big Island’s 5.8 percent rate, and edged closer to Maui County’s 4.4 percent figure.
The state’s unemployment rate last month was 4.2 percent, well below the U.S. rate of 5.7 percent. In July this year, the state unemployment rate was 4.5 percent, and the nation’s was 6 percent, while in August of last year the state rate stood at 4.5 percent, and the U.S. rate at 4.9 percent.
Bank of Hawaii gives to local loan fund-
Bank of Hawaii recently announced it will invest $500,000 into the Hawaii Community Loan Fund (HCLF), which offers small-business loans and technical assistance to low- and moderate-income Hawai’i residents, nonprofit organizations and projects that create jobs, build wealth and improve the quality of life in disadvantaged communities across the state.
In addition, the bank is donating $75,000 to help cover a portion of the organization’s operating expenses. To date, the bank has contributed nearly $1.5 million to be used as loan funds for HCLF.