Business Briefs
Star-Bulletin staff & wire reports




Prosecutor to join Barnwell board

Kevin K. Takata, Honolulu deputy prosecuting attorney, has been named to the board of Honolulu-based oil and gas exploration company Barnwell Industries Inc.

Barnwell, which also has residential real estate interests on the Big Island, recently reported that its earnings for the year that ended Sept. 30 more than tripled to $8.7 million from $2.3 million in the same period a year earlier.

12 percent of companies troubled

Twelve percent of publicly held U.S. companies registered as troubled in an index that measures the likelihood of a default, local risk-management company Kamakura Corp. said.

Kamakura's troubled-company index classifies any business that has a default probability of more than 1 percent as troubled. The index decreased by 1.6 percentage points last month, and is well below the worst point of 30 percent in March 2003.

State wants tax dollars sooner

Employers in Hawaii who withheld more than $40,000 in total state income tax from their employees' wages last year must now deposit those taxes with the state Taxation Department every two weeks instead of monthly.

The department this week said the new requirement is the result of a state law passed last year.

About 2,300 employers will be affected by the new requirement, which also mandates that the affected employers make their deposits by electronic funds transfer.

For more information, call the department at 587-7572 or (800) 222-7572, or visit its Web site at www.state.hi.us/tax.

[Hawaii Inc.]



» EyeSight Hawaii Vision Institute has appointed Mary Beth Mills clinic administrator and Mike Chrest ophthalmic assistant. Mills will be responsible for overseeing policy and procedures for offices on Oahu, Maui, the Big Island and Kauai. She has over eight years of leadership experience in medical and customer service organizations. Chrest will be responsible for assisting in surgical and clinical aspects of patient care. He has over 10 years of clinical experience in the military and private sector.

» Stryker Weiner & Yokota Public Relations Inc. has hired Tracy Ching as corporate and public affairs account coordinator, Rebecca Pang as a travel and promotions assistant account executive and Marcia George as a travel and promotions account coordinator. Ching previously worked as a Hawaii Foodbank development assistant. Pang formerly served as a Los Angeles Convention and Visitors Bureau marketing associate. George previously worked as a Hawaiian Airlines HawaiianMiles Service Center reservations agent.


» The Organization of Women Leaders has awarded Toby Bailin and Anna Marie Springer with its leadership awards. Bailin is the coordinator for court interpreting services in the state Judiciary. She previously worked as editor for First Hawaiian Bank's employee news magazine. Springer is the American Savings Bank senior vice president and community liaison.

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