Updates and News

CPB Foundation is proud to once again team up with The Salvation Army (TSA) for the holidays. For the past 10 years, CPB and CPB Foundation helped to raise over $1 million in supporting The Salvation Army with their Angel Tree Campaign and 4-Corner Red Kettle Challenge. This year, the Salvation Army is facing unprecedented challenges during this devastating pandemic, and made a few adjustments to make it safe to donate…with the launch their “Rescue Christmas” campaign.

As a business owner, it’s possible that much of your time is consumed thinking about paying taxes and ways to minimize tax liability, especially since taxes are such a significant expense of operating.

Reimagined Annual Gala on KHNL and online at hawaiinewsnow.com.

A recent commercial rent survey, co-sponsored by Central Pacific Bank, revealed that one in three Hawaii businesses did not pay rent in full from April to June, and that one in 10 did not pay rent at all. Of those businesses, 44%, or 984, were closed at the time of the survey and over 60% of respondents have not received any rental assistance from their landlord.

According to a 2019 Small Business Administration (SBA) profile of Hawaii, 132,640 small businesses with 500 employees or fewer, represent 99.3% of all our businesses and employ slightly more than half our workforce. We asked a few of our business customers their thoughts on managing through the pandemic and supporting small businesses. Here’s what they shared with us.

Online event presented by the U.S.-Japan Council and supported by a grant from CPB Foundation will focus on crisis management and the U.S.-Japan relationship HONOLULU, HI | September 14, 2020 – The U.S.-Japan Council (USJC) will hold a virtual Bilateral Boardroom to convene key decision-makers from business, government, and the civil sector in the United States and Japan.