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Business Briefs
Reported by Star-Bulletin staff & wire

Sunday, November 11, 2001



[Taking notice]

NEW JOBS

>> Gregg Lupien has been named project manager at Maryl Group. He will assist the director of architecture . Prior to joining the firm, Lupien worked as a project manager at a number of mainland companies.

>> Pacific Guardian Life has named Carol Shimomura as the company's employee benefits sales manager. She previously served as broker sales manager at Queen's Health Management. In addition, Myrna L. Cariaga was named worksite marketing specialist. She was formerly an employee benefits consultant at Benefit Services of Hawaii Inc.

>> Janaya P. Moscony, Teri Simmons-Wilkinson and Alvin Y. Takahashi have joined Bank of Hawaii as vice presidents. Moscony will work in the asset management department. Simmons-Wilkinson will oversee electronic banking delivery channel applications as V.P. and manager of electronic banking delivery. Takahashi will serve as a commercial banking officer in addition to his duties as vice president. Also, John P. Miller Jr. and Jane L. Ratcliffe were promoted from assistant vice presidents to vice presidents at BOH.

PROMOTIONS

>> Carolyn Pace has been promoted to vice president of operations at Studio Becker. She will be responsible for oversight of accounting, customer service, sales and project coordination at the company's Honolulu and Los Angeles showrooms. Pace was previously the operations manager at Studio Becker.

ON THE BOARD

>> Jocelyn Lee has been named president at Ad2 Honolulu for the second consecutive year. Jeela Ongley and Song Choi were named vice-presidents. They will lead Ad2 Honolulu's annual public service efforts. Celeste Chikamori was named treasurer/secretary. In addition, the following people will serve on the board of directors for the 2002 term: Tom Nauwelaerts, Megan Riggs, Chris Mabuni, Komo Low, Jon Muranaka, Cory Mitsui, Bobbie Ihnen, Sean Morris, Jennifer Stewart, Tina Campbell, Amee Domingo, Gavin Nakamura, Brendan Wright and Brian Lopes.

RECOGNITION

>> The Hawaii Army Museum Society will honor Peter H. Schall, vice president of the Hawaii region for Hilton Hawaii Corp. and managing director of the Hilton Hawaiian Village Beach Resort & Spa, at its 4th annual "Everyday Heroes" Sunrise Breakfast Celebration. The event is Nov. 16 from 7 to 9 a.m. at the Hilton's Coral Ballroom. Cost: $35. Tickets and information: Barbara Mills at 237-8067 or 955-9552.



Poll finds Canadians want closer U.S. links

OTTAWA >> More Canadians want to forge closer links with the United States after the Sept. 11 suicide attacks but they largely oppose the idea of adopting the U.S. dollar or ceding control over their country's energy supplies, according to a new poll.

The poll for the federally supported Center for Research and Information on Canada (CRIC) also said Canadians were tilting towards clamping down on liberal immigration policies, which some critics say could make the country a safe haven for those wishing to attack the United States.

CRIC said 33 percent of Canadians now felt Canada should have closer ties with their southern neighbor, up from 23 percent in March.

Peru's GDP grows 0.8% during 3rd quarter

Lima >> Peru's economy grew 0.8 percent in the third quarter from a year earlier, it's first rise in four quarters, led by a surge in mining activity.

The quarterly increase was the same as the median forecast of seven analysts in a Bloomberg News survey. The economy expanded 2.3 percent in September and was also led by mining, the national statistics institute said. The economy contracted 0.8 percent in the first nine months of the year.

Korea may need to spend more to spur growth

Seoul >> South Korea's government may have to spend more than it budgeted next year as an economic rebound takes longer than expected, Finance Minister Jin Nyum said.

Asia's third-biggest economy will expand between 3 percent and 4 percent next year, and probably closer to the bottom of that range, Jin said. That's less than the 5 percent growth the government forecast when it compiled its $87 billion budget for 2002 in September.

Shipper says Asia-Europe freight rates to rise

Singapore >> Neptune Orient Lines Ltd., one of Asia's biggest shippers, said freight rates between Asia and Europe will rise from January to help stem losses on these routes.

The rate increase was agreed by an alliance of shipping companies that represents three-quarters of all capacity on the Asia-Europe route, including Maersk Sealand, part of the largest container-shipping company A.P. Moeller, and P&O Nedlloyd Ltd.

"Nobody is making money on these routes" at current rates, said Neptune Orient Chief Executive Flemming Jacobs. "We've got to stop that, otherwise it will impact the way we can serve the trade."

The Far Eastern Freight Conference, as the alliance of shippers is known, will increase Asia to Europe rates in January by at least $300 per 20-foot equivalent unit, or TEU, of cargo or container space, Neptune Orient said. There will be a similar increase in April. Rates from Japan to Europe are also likely to rise by the same amount, the company said.





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