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Business Briefs
Reported by Star-Bulletin staff & wire

Thursday, June 27, 2002



IN HAWAII

Marukai Corp. and JCB launch credit card

Marukai Corp., which operates two Asian-themed membership stores in Hawaii with 80,000 members, and JCB International Credit Card Co. Ltd., Japan's largest credit card company, will introduce the state's first Japan-Hawaii co-branded credit card at a kickoff campaign at 10 a.m. Saturday at Marukai's Dillingham store. The event will include a lion dance throughout the store and a Spin To Win.

Customers who sign up for the new card Saturday or Sunday, as well as July 4 to 7, also will receive a gift. In addition, those qualifying for the card will receive a free bag of rice and gift certificates for dining at either Restaurant Suntory, Hanohano Room or Surf Room.

The main value for the Marukai JCB Card members is having up to 3 percent cash back on Marukai membership store purchases, no annual credit card fee, up to 1 percent cash back anywhere else the JCB Card is accepted, and the Marukai membership fee waived for one year from the date of signing.

Employment law seminar at Hilton

The 2002 Hawaii Employment Law Seminar, entitled "Turning Recovery Into Resilience," takes place 8 a.m. to 5 p.m. July 31 at the Hilton Hawaiian Village.

The seminar provides human resources professionals and business owners with ways to deal with employment laws. The seminar will feature 18 presentations as well as concurrent workshops and two keynote addresses. It is sponsored by law firm Torkildson Katz Fonseca Jaffe Moore & Hetherington, and the Chamber of Commerce of Hawaii.

Registration by July 10 is $195 for chamber members, $225 for nonmembers. After July 10, the price is $225 for members, $255 for nonmembers.

Further information about the seminar can be obtained from the Chamber Events Hotline at 545-4317.

ON THE MAINLAND

Orbitz to remain under antitrust scrutiny

Washington >> Orbitz Inc., the Internet travel seller owned by five U.S. airlines, will remain under scrutiny by U.S. transportation officials while the Justice Department completes an antitrust inquiry, regulators said. The U.S. Department of Transportation reached no conclusions in a report on whether the company violates antitrust principles, said agency spokesman Bill Mosley. The Transportation Department will continue an informal inquiry, he said.

"To date Orbitz has had some pro-competitive effects in the marketplace and has brought some benefit to consumers," the Transportation Department reported to Congress. "Orbitz could, however, evolve in ways that could harm airline competition, and the potential for concern still exists."

Continental Airlines Inc., Delta Air Lines Inc., UAL Corp.'s United Air Lines Inc., AMR Corp.'s American Airlines and Northwest Airlines Corp. have invested $204.8 million in Orbitz since its founding in February 2000 as a way to reduce ticket-distribution costs.

In Asia

Shinsei Bank asks Daiei to repay loan

TOKYO >> Shinsei Bank Ltd., the first Japanese bank bought by foreign investors, said it asked retailer Daiei Inc. to repay &YEN100 billion ($832 million) of loans as it bids to cut lending to struggling companies, Bloomberg News reported.

"We have not received a satisfactory repayment plan from Daiei and are continuing discussions," Shinsei spokesman Yoshihide Nakagawa said. "We requested a repayment plan last May."

Japan's third-biggest retailer, which received &YEN20 billion in debt relief to avert collapse this year, may have to ask nine other banks for more loans so it can pay Shinsei, the Nihon Keizai newspaper reported.


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[Hawaii Inc.]

New Jobs

>> Lynelle Miyashiro was recently hired as assistant account executive for the travel and promotions department at Stryker Weiner & Yokota Public Relations Inc.

Her duties include coordinating and facilitating travel writer programs, national media relations, event planning, issues management and community relations.

She previously worked as an event coordinator at the Hawaii Community Foundation and in sales and public relations at the Hawaii Prince Hotel Waikiki.

Recognition

>> Stan Engeldorf, general manager of Maui Marriott Resort and Ocean Club at Kaanapli, Maui, has been awarded a Leadership Excellence award for the Asia Pacific and Australia region by Marriott International.

He has been with Marriott for more than 26 years, 13 of which he served as general manager in Vail, Colo.; Puerta Vallarta, Mexico; Atlanta; and Maui.





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