AGP Executive Report
Last update: 9 hours agoAccounting Expansion: SingerLewak is merging with Honolulu-based Egami & Ichikawa CPAs, broadening its Hawaii and Pacific reach while retaining the local firm’s accounting and tax services. Utility Finances: Hawaiian Electric Industries posted a $35 million third-quarter profit, up from $31 million a year earlier, despite $14 million in storm costs. A Kauai biomass plant damaged by Hurricane Lowell is headed for liquidation, with HEI writing down $51 million in assets. Waimea Development: Parker Ranch and Hawaii investors, including developer Stanford Carr, plan to revitalize the former Jacaranda Inn as a boutique hospitality property rooted in ranch history. Investment Incentives: The state designated 25 census tracts for federal Opportunity Zones, including Lahaina’s Front Street, opening the door to tax incentives for long-term private investment. Maui Businesses: More than 7,500 people attended the Made in Maui County Festival, giving local makers a major showcase.
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