The downgrade reflects the state's minimal financial cushion against risks inherent in an economy dominated by the volatile tourism sector following the depletion of previously large balances as well as the state's significant and growing long-term liabilities.

...the state of Hawaii has temporarily suspended many general excise tax exemptions. The suspended exemptions include certain transportation and maritime support services such as stevedoring. This means that the state will tax carriers for a portion of the cargo costs that had previously been exempted, and the cost to carriers serving the state will increase.  Effective July 10, 2011, Matson will implement a General Excise Tax Arbitrary to recover these extra costs.

As everyone who follows news about energy knows by now, in the last decade the technique of hydraulic fracturing or "fracking," long used in the oil industry, has evolved to permit energy companies to access reserves of previously-unrecoverable “shale gas” or unconventional natural gas.

Five days from now, our country will reach the 90-day mark from the notification to Congress regarding the commencement of the military operation in Libya, which began on March 18, 2011.

According to Christoph Gabler, Senior Vice-President for AEGON USA Realty Advisors, LLC, the Towers at KPT are the first phase of a 1,025 community being redeveloped by the Michaels Development Company in partnership with Vitus Group and the Hawaii Public Housing Authority.

As President Barack Obama swung through North Carolina yesterday, he did all he could to show that he cares about the U.S. economy, its 9.1 percent unemployment rate, and the 13.9 million Americans who remain out of work. Well, that is, until he let a bit of honesty slip off his tongue....

...the unemployed are not just economic statistics, but are real Americans looking to support themselves and their families....

Despite governmental mandates for renewables, if their electricity production is converted to equivalent tons of oil, then their share is only 1.3% in 2010....

See her announcement....

Please join me this Wednesday evening, June 15th, from 7pm to 9pm, for a very important town hall meeting at the brand new Ewa Makai Middle School in Ewa Beach....

Under the law, all children are required to be proficient in math and reading by 2014—a standard that could leave three-quarters of U.S. schools labeled as failures, leaving them at risk of losing federal funding.

Senator Slom addresses a luncheon at the Hawaii Venture Capitol Association – May 26, 2011 at the Plaza Club, Honolulu Hawaii. The subject: State budget, deficit, spending, taxation, economy, more.

Hawaii Gov. Neil Abercrombie’s statements against the Pro Bowl last Thursday revealed the severity of the vision deficit facing our state.

• Effective immediately and until further notice, all new Fannie Mae foreclosures in Hawaii must be commenced as judicial foreclosures.
• Effective immediately, all pending Fannie Mae non-judicial foreclosures in Hawaii that have not proceeded to sale should be dismissed and converted to judicial foreclosures.

Abercrombie’s bizarre attack on the Pro-Bowl is part of Progressive Democrats’ ongoing war against Mufi Hannemann, Dan Inouye, and the “old-boy” Democrats. And this is not Abercrombie’s first attack on Mufi’s new base in the Hawaii tourism industry....

The Oahu Advisory Council of the Reapportionment Commission will meet Wednesday June 15 at 8AM in the State Capitol Conference room 329. Public testimony will be accepted.

The Naval Air Museum Barbers Point (NAMBP) will be hosting Hawaii Youth Challenge Graduating Cadets for a time of exploring real aircraft, beginning at 1300 through 1530 on Monday, June 13, 2011.  

Hawaii Campaign Spending Commission Chair Paul Kuramoto and four other commission members moved to dismiss their appeal on Thursday after the 9th Circuit upheld an injunction that same day against a similar campaign finance law in San Diego...

The Transportation Security Administration (TSA) announced today that it has proposed the removal of more than 30 Honolulu International Airport (HNL) TSA employees following an extensive investigation into allegations of improper screening of checked baggage.