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Small businesses are vital to the U.S. economy, yet comprehensive data on their financing needs and challenges remain scarce. The Federal Reserve Banks address this gap through the annual Small Business Credit Survey (SBCS), gathering unique insights into how and why small businesses seek financing. As an independent and decentralized entity, the Fed is uniquely positioned to collect, analyze, and distribute this essential data to inform decision-makers and stakeholders nationwide.

The State of Hawai‘i Department of Business, Economic Development and Tourism (DBEDT), in partnership with the Filipino Chamber of Commerce of Hawai‘i (FCCH), will be presenting the Hawai‘i-Philippines Sister Province Symposium on Wednesday, March 13, 2024, at the Hawai‘i Convention Center. The goal of the symposium is to strengthen and maximize opportunities provided by the sister relationships between Hawai‘i and the Philippines. The symposium will include speakers from government, community, and educational, cultural and business sectors from Hawai‘i and the Philippines.

More than 250 attendees gathered at the Ala Moana Hotel for the first-ever “Made in Hawai‘i Presents: Your Future in E-Commerce” conference by the Department of Business, Economic Development and Tourism (DBEDT), on February 21. During various sessions and panels, industry leaders from Amazon and Shopify shared tips and insights on how Hawai‘i manufacturers and retailers can succeed in the e-commerce world.

The Department of Business, Economic Development and Tourism (DBEDT), in collaboration with industry leaders Amazon and Shopify, announced today that the first-ever “Made in Hawai‘i Presents: Your Future in E-Commerce” conference will be held at the Ala Moana Hotel on Wednesday, February 21.

Small businesses are critical to the US economy. But data on small businesses is limited—especially data on how and why small businesses seek financing. Through the annual Small Business Credit Survey (SBCS), the Federal Reserve Banks capture one-of-a-kind data on small businesses. The Fed is apolitical, independent, and decentralized, which puts it in a unique position to collect, analyze, and distribute this data.