BUSINESS BRIEFS
Auntie Pasto's to open on Maui
Advertiser Staff
KAHULUI, Maui — Auntie Pasto's will open its first Neighbor Island restaurant at the Queen Ka'ahumanu Center.
The Italian eatery is one of three new tenants that will move into the Kahului mall within the next six months, according to marketing manager Lisa Paulson. The others are the Walking Company and Hot Dog On a Stick.
Auntie Pasto's, which has two O'ahu locations, will open next to Sears.
The Walking Company, a national footwear retailer that already has a store at the Shops at Wailea, will be near the center court. Hot Dog on a Stick will open in the center's second-floor food court.
FDIC RATES BANK AS 'OUTSTANDING'
First Hawaiian Bank received a rating of "outstanding" in its recent evaluation by the Federal Deposit Insurance Corporation for its performance under the Community Reinvestment Act, the bank said.
It was the fifth consecutive evaluation in which First Hawaiian Bank has received an "outstanding" rating. Only 11 percent of U.S. banks evaluated in 2006 by federal bank regulatory agencies received an "outstanding" rating.
First Hawaiian Bank chief executive officer Don Horner said the rating recognizes the bank's record and commitment to meet the needs of the entire community it serves.
'HAPA' SPREADS TO NATIONAL LINGO
Use of the local word "hapa" to designate mixed-race ancestry is gaining in popularity among Asian-American teens and young adults nationally, according to a marketing insight study by SnapDragon Consultants, a New York-based branding and consumer research firm.
The report, "Ten Things Every Brand Should Know About Asian-American Youth," is the result of interviews in nine cities, including Honolulu, over four months. Asian-Americans age 14 to 23 were interviewed.
