Howzit Howard: Kyo-Ya Corporation - Hawaii News Now - KGMB and KHNL

Howzit Howard: Kyo-Ya Corporation

HONOLULU (HawaiiNewsNow) - Kyo-Ya Corporation plans to spend $700 million redeveloping the Moana Surfrider and the Princess Kaiulani, turning some hotel rooms into condos. Kyo-Ya says in its environmental impact statement that jobs will be created. Local Five says no job estimate can be treated as real until Kyo-Ya says specifically how many hotel rooms are going away. The fewer hotel rooms, the fewer jobs. So it appears Local Five's lawsuit aims to nail down a number.

Bank of Hawaii signs an agreement today with China Union Pay to enhance acceptance of China Union Pay cards in Bankoh ATM's. China Union Pay is the only bankcard association approved by the Chinese government and member banks have issued more than two billion debit and credit cards. It has never done a U.S. deal like this before.

Did you know Queen's Medical Center owns International Market Place? It relies on rents from the property to support its medical mission. Its subsidiary Queen Emma Land Company is now partnering with two mainland outfits, Taubman Centers and Coastwood Capital, to dream up an affordable plan to renovate the market place, which is little changed from the 1970s.

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