BUSINESS BRIEFS
Jobless claims can be filed on Net
Advertiser Staff and News Services
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Many unemployment insurance claimants will be able to bypass long waiting times at Department of Labor and Industrial Relations offices under a program that allows them to file claims over the Internet.
Starting Monday, people who are Hawai'i residents and who worked for a local employer before losing their job may file jobless claims between the hours of 6:30 a.m. and 6:30 p.m. every weekday.
The department estimates about half of jobless claims can be filed via its Web site at www.hawaii.gov/labor.
People who are filing a partial or total claim, reactivating an existing claim, are filing from the Mainland or who worked for the federal government, military or an out-of-state employer must still file in person or by phone.
The department plans to expand its online service to cover these claims at a later date.
VETO URGED ON TAX-CREDIT REVISIONS
Proponents of the state's high-technology investment tax credit law known as Act 221 are asking Gov. Linda Lingle to veto a measure that would restrict trading of the tax credits with investors outside of the state.The Hawaii Science and Technology Council urged its members to call and e-mail Lingle's office asking for a veto of the measure, which has passed both the state House and Senate. The group has fought major changes to the law, which allows trading of the 100 percent tax credits.
Lawmakers voted to change the law as they looked for ways to deal with the state's budget shortfall. The credits currently cost the state more than $130 million a year.
SHIDLER-AFFILIATED TRUST POSTS PROFIT
Pacific Office Properties Trust Inc., the Los Angeles-based firm affiliated with Honolulu-based Shidler Group, reported funds from operations for the first quarter were $1.73 million, or 10 cents per diluted share."We are very pleased with our solid operations in spite of the challenging economic environment," said Dallas Lucas, president and chief executive officer.
The company has about 60 percent of its investment property in Honolulu, a market that has one of the lowest vacancy rates in the country.
