New Wave Of Federal Stimulus Money Is Hitting Hawaii - Honolulu Civil Beat
But it may be too late for some businesses, particularly restaurants. Reading time: 5 minutes.
As the federal government prepares to open the floodgates on Tuesday on a new wave of money for small businesses, one question is whether Hawaii will receive the same massive windfall it got during the program’s first phase.
The short answer: nobody knows.
“I don’t have a crystal ball,” said Mike Minogue, manager of business credit for American Savings Bank. But he added, “We’ve definitely seen interest. But it’s hard to gauge at this point in time.”
kcerizo@mauinews.com
Havens chef/owner Zach Sato shows one of his smash burgers, which uses a cooking technique of smashing ground beef on a grill to sear in the juices. Despite the pandemicâs hardships, the new burger and noodle shop is already a hit after just a month open in North Kihei. â The Maui News / KEHAULANI CERIZO photo
KIHEI Despite the pandemic forcing many small businesses to close, Maui native Zach Sato took a chance and opened his first venture in north Kihei.
“I guess I just knew I had no other options,” the former Hotel Wailea and Merriman’s chef said this week. “Being unemployed with no benefits with a mortgage and a 1-year-old child just kind of forced me to do something.”
Hawaii Will Collect More Taxes Than Expected, State Panel Says - Honolulu Civil Beat
Hawaii Will Collect More Taxes Than Expected, State Panel Says
The state Council on Revenues says Hawaii will collect $300 million more in taxes this year than previously projected. Reading time: 4 minutes.
Gov. David Ige and state lawmakers received some welcome news Thursday as a panel of experts that projects state tax collections revised one of its most gloomy predictions.
The state Council on Revenues now believes the state general treasury will receive about $300 million more in the next six months than the council had projected last year. That will help with the state budget crunch caused by the COVID-19 recession.
Researchers: Detailed Mobility Data Can Help Target COVID-19 Hot Spots - Honolulu Civil Beat
Recent studies show people are going out more as the pandemic drags on. Reading time: 5 minutes.
People in Hawaii have stopped staying home as much following the surge in COVID-19 cases this summer, and have started going back to restaurants and shops, new mobility data shows.
This type of data is valuable because it can help public health officials and policymakers create targeted virus response measures to improve both public health and the economy.
For example: predicting future COVID-19 hot spots.
“We hope this would be interesting to look at to potentially tie foot traffic around a particular location for virus spread,” said Justin Tyndall, a UHERO economist and assistant professor.
Some Hawaii hotel officials expect tourism to recover slowly sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.