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Business Briefs

Reported by Star-Bulletin staff & wire

Friday, October 27, 2000

Hawaii bank offers link to Philippines

American Savings Bank customers may now send money to the Philippines and even have cash delivered to the homes of family members there, under an arrangement with Philippine National Bank. The 160,000-strong Filipino community in Hawaii can get access to the services through the 68 American Savings branches in the islands.

Symposium to focus on energy efficiency

Key energy experts from across the United States will speak at an Energy Efficiency Policy Symposium on Nov. 9, in the Hawaiian Electric Co. training room on the eighth floor of the Pacific Tower, 1001 Bishop St.

They will discuss petroleum supply and demand, federal and state energy efficiency programs, solar energy and other ways to move away from dependency on petroleum. The daylong free symposium (lunch not included) is sponsored by the state Department of Business, Economic Development & Tourism and nine local and national associations and institutes interested on energy conservation.

For more information or reservations, call the Building Industry Association at 847-4666, extension 200, or see "events" on the Web site

In other news . . .

Bullet WASHINGTON -- The U.S. economy slowed dramatically in the summer to a 2.7 percent growth rate, less than half the pace of the previous quarter, as American businesses and the government cut back on spending and home construction fell. The gain in gross domestic product for the July-September period followed a sizzling 5.6 percent annual rate of growth in the second quarter, the Commerce Department reported today.

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