Advertisement

Also . . .

Share

* The head count for Hawaii’s top industry--tourism--fell 1.9% last year to 6.7 million, the first annual decline since 1993. But officials said the drop was offset by longer stays in the islands. The continuing Asian economic crisis led to a 10.8% decrease in arrivals from the Asia-Pacific region. But the nearly 2.5 million people who did come increased their length of stay 3.1%.

*

*Ater more than 300 years in business, Tokyu Department Store Co.’s flagship outlet in central Tokyo has shut its doors, a victim of Japan’s worst postwar recession. Toyku, Japan’s eigth largest department store chain, decided to sell the 40-year-old store as a part os a five year restructuring plan to close unprofitable outlets and businesses in Japan, Hong Kong, Singapore and the U.S., and to write off debts.

Advertisement