Business Report: 11/15/16 - Hawaii News Now - KGMB and KHNL

Business Report: 11/15/16

(Image: Hawaii News Now) (Image: Hawaii News Now)
HONOLULU (HawaiiNewsNow) -

Honolulu-based Cardax reports its first sales of synthetic astroxanthin. After meeting with 50 local doctors to explain the benefits of its product, Cardax is now getting getting online orders for it.

Royal Hawaiian Orchards, the Big Island macnut consortium, reports a small loss for the summer of $17,000, on nearly $7 million sales, double last year. Royal Hawaiian is diversifying into retail sales.

The Hawaii Visitors & Convention Bureau promotes Michelle Drenker to director of market insights. Drenker previously did planning for the transit authority in Vancouver, B.C.

American Savings Bank names a new chief financial officer. Robert Nobriga was CFO at Queen’s, and earlier held the same post with Hawaii National Bank.

Kahala Mall is doing a promotion with Hawaiian Airlines. On Sunday, November 20 – that’s the weekend before Black Friday – if your combined pre-tax spending at all the stores and restaurants at Kahala Mall comes in between $100 and $400 you get quadruple Hawaiian Miles.

On Maui, The Shops at Wailea plan this – bags full if discounts and merchant offers for the first 250 customers on Black Friday.

Global Entrepreneurship Week events continue on Maui – Maui Research Technology Center has a dinner tonight, 5:30 to 8:30, King Kamehameha Golf Club.

The Thirty Meter Telescope wins an award – a mirror segment-handling robot developed in Japan for TMT has won the 2016 Good Design Award, by the Japanese Institute for Design Promotion. 

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