A. Kam Napier

Pacific Business News
billsoPHOTO / Flickr
billsoPHOTO / Flickr

Alexander & Baldwin, one of Hawaii’s oldest companies, will have a new CEO come January first. Pacific Business News’s editor in chief, A. Kam Napier, has more.


Chris Benjamin is Alexander & Baldwin’s current President and Chief Operating Officer.  When CEO Stanley Kuriyama retires at the end of the year, Benjamin will move into the top spot.  

Wikimedia Commons
Wikimedia Commons

Talk of development in West Oahu often centers on housing. This week, Pacific Business News surveys the state of business development in the region to find out where the action is. PBN’s editor in chief, A. Kam Napier, has more.

And the action is…nearly everywhere you look. West Oahu, including Kapolei, already boasts nearly 670,000 square feet of office space and the demand is growing. Looking at retail, we see a low 2% vacancy rate. That means developers should have no problem filling the three major shopping centers now in the works.

David Dennis / Flickr
David Dennis / Flickr

  Now that China has devalued its currency, what effects could Hawaii feel?  Pacific Business News looks at this from a couple of angles; editor in chief A. Kam Napier has more.

First, it’s worth pointing out that the Chinese yuan is hardly the only currency to lose value against the U.S. dollar, nor has it taken the biggest fall.  As many Menendez, an international business development expert writes in PBN this week: The Euro has declined 18% and the Japanese yen 22% against the dollar over the past year.

Ken Lund / Flickr
Ken Lund / Flickr

Industrial space vacancies are at an all-time low and rents are climbing. Pacific Business News Editor in Chief A. Kam Napier has more on what that means for local businesses.

If you need space in a warehouse in Honolulu these days, you’re in for a challenge. Vacancy rates are at a record low of 2%, compared to 7% national. And rents are up, too, to $1.17 per square foot, per month. That’s a six-year high, though it’s not quite as high as it was before the great recession.

Cliff / Flickr
Cliff / Flickr

This month, Hawaii Pacific University reopened its version of Aloha Tower Marketplace as a mix of dorm rooms, classrooms and restaurants. What’s the thinking? PBN’s editor in chief, A. Kam Napier, has more.

Hawaii Pacific University has bet 50-million dollars it can do something no one else has quite managed to do… make Aloha Tower work.

Kyle Nishioka / Flickr
Kyle Nishioka / Flickr

After three years of declines, the University of Hawaii has seen increase in the funding it receives from outside sources for scientific research. With the details, here’s PBN’s editor in chief, A. Kam Napier.

In the fiscal year that just ended in June, the University of Hawaii received 425-million dollars in outside grants and contracts supporting scientific research in a number of departments.  That’s up 33-million over 2014, or 8.5%, and is a nice reversal of fortune.  The University had only seen declines in the three years before that.

Janine / Flickr
Janine / Flickr

Chamber of Commerce Hawaii has just elected a new chairperson.  Banker Gabe Lee is just beginning a two-year term.  Pacific Business News Editor in Chief A. Kam Napier has more on what’s ahead for Lee and the Chamber.

Gabe Lee first joined the chamber in 1992 for the same reason a lot of executives do—to network.  Now, as American Savings Bank’s Executive Vice President for commercial markets, Lee is the Organizing Chair.  He sees his chief responsibility as one of support, helping the chamber’s president and Executive Director, Sherry Menor-McNamara pursue some big goals.

Dank Depot / Flickr
Dank Depot / Flickr

Now that Governor David Ige has signed medical marijuana dispensaries into law, a new industry worth tens of millions could bloom. Pacific Business News Editor in Chief A. Kam Napier has more.

About 13,000 people in Hawaii have permission to use medical marijuana to treat various conditions. Medical marijuana has been legal for 15 years, but with one hitch – it has not been easy for patients to actually acquire it.

Daniel Ramirez / Flickr
Daniel Ramirez / Flickr

Bank of Hawaii is the state’s second largest bank and its president and CEO, Peter Ho, became Hawaii’s highest paid executive in 2014. What makes Ho tick? Pacific Business News Editor in Chief A. Kam Napier has more.

When PBN sat down with Peter Ho for this week’s cover story, we found frank and approachable, even philosophical on a few points. For example, we discussed the Ho family legacy.  Peter’s Grandfather was legendary developer Chinn Ho.  His Father, Stuart Ho, is equally well regarded as a business leader and a philanthropist. What’s it like to follow in their footsteps?

Daniel Ramirez / Flickr
Daniel Ramirez / Flickr

Continuing developments in Kaka‘ako remain a focus for many groups in Honolulu. One of them is the Hawai‘i Community Development Authority—which has a new slate of board members on the job for about three months. And they’re already showing they may take a different approach to certain aspects of the development.  Pacific Business News Editor in Chief A. Kam Napier has more.

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