Chamber of Commerce Hawaii
July 29, 2015

In this July 29, 2015 edition:

President's Message
Successful Legislative Package
MAC Quarterly Briefing
Complimentary for Chamber Members: FocusON: Funding Topics
Check Out Member Spotlights

President's Message

Aloha Chamber Members,

Final rounds of the Trans-Pacific Partnership (TPP) are occurring on Maui, with meetings also held on the Big Island a few months ago. The Chamber recently participated in a U.S. Chamber forum: Critical Time for Trade: The World is Waiting. The topic of discussion was the local impact of this global policy, with other panelists including Bryan Spicer of Hawaii 5-0 and Ian Kitajima of Oceanit.
While we have not taken an official position, we do recognize the potential benefits of TPP to Hawaii businesses, especially for our Manufacturing in Hawaii initiative. For example:

- Hawaii exported $792 million in manufactured products to TPP countries in 2014, more than doubling the state’s exports of these products to TPP countries in 2010.
- Australia is Hawaii’s most important TPP export market, with $489 million in manufactured exports in 2014, 62% of the state’s total manufactured exports to TPP countries.
- Japan and Singapore, with $146 million and $131 million of exports respectively in 2014, are Hawaii’s next most important TPP markets.
- In 2011, exports and imports of goods and services with TPP countries supported an estimated 73,900 jobs in Hawaii.

A final TPP agreement that prioritizes market access, the protection of intellectual property, provisions to enable ecommerce and a level playing field, fair treatment, strong investment protection standards and enforcement is one that will help boost manufacturing and manufacturing jobs throughout the United States, including Hawaii.
In all, TPP can strengthen investment ties between Hawaii and 11 TPP countries, which will support economic growth and jobs. While we await negotiation outcomes, Hawaii can serve as an ideal point for important conferences and meetings due to our strategic location, the collaborative environment and Aloha Spirit. The Chamber aims to build this attraction.

Laulima & mahalo,
Sherry Menor-McNamara

President & CEO

Successful Legislative Package

This last session proved fruitful as we saw many harmful bills successfully stopped and many of the bills from our legislative package signed into law by Governor Ige. Of the 14 areas in which we helped introduce bills, 6 passed and were signed by the Governor; none of the bills were vetoed.
We were able to secure funds totaling $2.25 million to be used for small businesses, manufacturers and DBEDT to market Hawaii’s higher education institutions to international students. See a complete list here and check out PBN's coverage here.

We could not have accomplished all of this without the support of our partner organizations, the Legislature, the Administration, and members of the business community, including you, our members. Mahalo for your support of the Chamber!

Biz Tip: Learn about the Chamber's Manufacturing in Hawaii Initiative which provides resources and seeks to enhance opportunities within the industry. 

MAC Quarterly Briefing

The Military Affairs Council (MAC) hosted a Quarterly Briefing last Friday featuring United States Army Pacific (USARPAC) Commanding General Vincent K. Brooks.  The event provided a unique opportunity for MAC members to engage the Army’s senior leader in Hawaii.
In his remarks, Brooks discussed the Army’s commitment to the Indo-Asia-Pacific region and Hawaii’s continued significance for power projection.  Brooks also discussed the downsizing announcement for United States Army Garrison-Hawaii (Schofield Barracks and Fort Shafter) that resulted in a net loss of 1,214 soldiers, the forthcoming announcement regarding the Army’s cut of 17,000 civilians service wide, and the possible cut of an additional 30,000 soldiers if sequestration continues.
At the end of the event, Brooks asked the MAC to continue its efforts to communicate the importance of the Army in Hawaii to the community and support military-related conferences and symposiums in the state as well as Army public-private and public-public ventures.
The MAC thanks General Brooks for his participation at the event.

Click here to learn more about the Military Affairs Council (MAC) and MAC members.

Complimentary for Chamber Members: FocusON: Funding Topics

Join the Chamber for our upcoming FocusON: Funding Topics on August 12. Complimentary to Chamber and YP members and designed for small to medium sized businesses, learn how to leverage your business goals, maximize profits through alternative funding options and gain tools to help your business thrive.

Our panel line-up includes Joseph Burns, Oahu Center Director, Hawaii Small Business Development Center; Mary Dale, Economic Development Specialist/SBDC Program Manager, U.S. Small Business Administration and Dennis Wong, Senior Vice President, Oahu Regional Manager, Hawaii National Bank. The event will be moderated by Reg Baker, CPA, PFS, business and tax advisor.

Click here for more details and to register. Complimentary for Chamber and YP Members. $15 regular rate. Registration includes light Continental breakfast. Paid parking in Alii Place. 

Mahalo to our sponsors, Reg Baker, CPA PFS, and Hawaii National Bank.

Check out our Member Spotlights and special Member-to-Member discount offers