Latest news with #EconomicDevelopmentandTourism
Axios
4 days ago
- Business
- Axios
Expanded film incentives could grow local industry
San Antonio's film community is sizing up its future after Gov. Greg Abbott signed legislation expanding the state's tax incentives program for movies and TV shows. Why it matters: Senate Bill 22 opens the door for Texas — including San Antonio — to attract more major film and TV productions and create more job opportunities for local creatives. Catch up quick: The law gives consistent funding for the first time to the Texas Moving Image Industry Incentive Program, to the tune of $300 million every two years. The total investment is projected to reach $1.5 billion through 2035. For every $1 spent on incentives, Texas sees about $4.69 in economic return, according to the state's Economic Development and Tourism office. Zoom in: San Antonio's Supplemental Film Incentive, funded through hotel occupancy taxes, offers up to a 7.5% rebate on eligible spending. Combined with state incentives, productions could receive up to 38.5% in total rebates, making it one of the most competitive packages in the state, according to Krystal Jones, director of the city's Arts and Culture Department. "San Antonio is poised for a major leap forward," she said in a statement. What they're saying: Paul Ardoin, director of the University of Texas at San Antonio's film and media program, says the bill's long-term scope could help build a stronger industry footprint in San Antonio and lead to more Texas stories being told. He says the local talent pipeline is expanding, with UTSA's Film/Media program entering its fourth year with more than 300 majors. "We're seeing increasing numbers of young people becoming fluent in digital media storytelling," Ardoin tells Axios. The fine print: Productions that hire veterans for at least 5% of their crew can qualify for an additional 2.5% incentive — an edge that could benefit Military City USA.
IOL News
06-06-2025
- Business
- IOL News
Western Cape's economic growth surges despite national challenges
Western Cape Premier Alan Winde and Economic Development MEC Dr Ivan Meyer say strong agricultural growth and investor confidence continue to drive the province's economy forward. Image: Armand Hough / Independent Newspapers Despite national economic challenges, the Western Cape has once again emerged as South Africa's most resilient province, posting positive GDP growth and topping the country's Business Confidence Index (BCI) rankings for the second quarter of 2025. According to newly released figures, the province's BCI dipped only slightly from 52 to 51 but remains well above Gauteng's 37 and KwaZulu-Natal's 24, as well as the national BCI of 40. The index, which measures business sentiment based on key economic indicators such as exports and energy supply, signals continued confidence in the province's economic trajectory. Premier Alan Winde and Western Cape Minister of Agriculture, Economic Development and Tourism, Dr Ivan Meyer, credited the sustained optimism to the Western Cape's strong agricultural performance and strategic economic planning. 'Our commitment to doing everything we can to grow the economy and create jobs is showing in independently verified numbers,' said Winde. 'But we still have so much more to do. While I am pleased with these numbers, we will not relent in our commitment to ensure that more of our residents have a chance to get a job.' The province's GDP grew by 0.5% quarter-on-quarter and 0.9% year-on-year, driven largely by the agriculture, forestry, and fishing sector, which surged by 15.8%. This translated into an estimated R3.12 billion increase in the provincial GDP, underscoring agriculture's vital role in economic recovery. 'Strong business confidence is not an accident,' Winde said. 'This is the result of our hard work in ensuring the Western Cape is the easiest province to do business in. It is a vital indicator of how we are faring in growing our economy to create more jobs, despite a constrained fiscal environment.' Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ The Western Cape remains the only province with positive business sentiment, attributed in large part to its Growth for Jobs (G4J) strategy. Officials say the plan prioritises job creation through private sector investment, infrastructure development, and export growth. 'Notwithstanding significant headwinds, such as the impact of global trade uncertainty, business confidence in our province remains positive. If the private sector thrives, we all thrive, and more of our residents have the chance to get a job,' Winde said. The data affirms the Western Cape's status as a beacon of economic stability in South Africa's turbulent economic landscape. IOL News Get your news on the go, click here to join the IOL News WhatsApp channel.
Yahoo
23-05-2025
- Business
- Yahoo
Digital agriculture form will expand after pilot
Lt. Gov. Sylvia Luke announced Thursday that the state plans to expand the Akamai Arrival program to additional flights throughout the year, allowing more travelers entering Hawaii to complete a digitized version of the Department of Agriculture's Plants and Animals Declaration Form. Luke said during a media conference at the state Capitol that the pilot phase of the program ended with an average 74 % compliance rate, compared with under 60 % for the previous, paper-only system. She said the Akamai Arrival initiative is a key component of the state's broader effort to modernize government serv ices, protect local agriculture and improve the travel experience for both visitors and returning residents. Sharon Hurd, Department of Agriculture chair, said the new program is a vital part of Hawaii's biosecurity system. 'Biosecurity is critical to protecting our local agriculture, environment and way of life, ' Hurd said. 'By moving to a digital platform, we can more effectively identify potential threats and respond quickly to protect Hawaii from invasive species.' The pilot, which launched March 1 and ends May 31, was implemented on 30 % of incoming flights across more than 100 routes. The program has increased the number of travelers who are filling out the mandatory agricultural form before entering Hawaii ; however, it drew criticism from those who relied on the data provided by the form's optional tourism questions, which were eliminated during the pilot. Jennifer Chun, director of tourism research for the state Department of Business, Economic Development and Tourism, said the pilot initially eliminated access to tourism data from arriving Southwest flights, all American flights, five Alaska flights, one Delta flight, two Hawaiian flights and two United flights. DBEDT Director James Ku nane Tokioka said in an email that DBEDT is now receiving data from the Akamai Arrival Program, so 'all the data are comparable to the past and the comparisons are valid.' Tokioka said DBEDT's Research and Economic Analysis Division restored the international passenger counts as of May 1, and on May 5 resumed the reporting of domestic data, albeit with a one-week delay. 'DBEDT is in the process of finalizing the (memorandum of understanding ) with the Department of Agriculture. The passenger data from DOA is consistent with the data that DBEDT has collected in the past, ' he said, adding that there is a request for quotes to create a digital tourism survey with a target to start in June. Luke did not specify a timeline to convert all flights to the digitized form, but Tokioka said DBEDT is planning for the future when the Plants and Animals Declaration Form becomes 100 % digital. Once that occurs, he said, 'DBEDT has two options to collect the domestic visitor data : one, switch domestic visitor data collection to an airport departure survey ; two, digitize the tourism survey form.' Tokioka said DBEDT is planning a pilot program to test the effectiveness of the two methods. The initiative was authorized under Act 196 and has been touted by state leaders including Gov. Josh Green, Luke and Sen. Glenn Wakai (D, Kalihi-Salt Lake-Pearl Harbor ) as a significant step toward modernizing Hawaii's bio security efforts. Wakai, who chairs the Senate Committee on Energy and Intergovernmental Affairs, said he started advocating for a digital agricultural form five years ago and initially was met with resistance, until 2024 when lawmakers passed a law encouraging the migration from paper to an app. He said ending the in-flight paper agricultural form would save at least $800, 000 annually, but more important, digitization increases completion rates and strengthens protections against invasive species. Passengers typically would complete the digitized form in advance of boarding their flight. Luke said the Akamai Arrival platform was developed using internal resources, with no additional cost to taxpayers. She said the digital form, which is accessible up to five days before departure, is available in six languages, and as the program expands, more languages will be added to accommodate non-English-speaking travelers. For updates and more information, visit.
Yahoo
17-05-2025
- Business
- Yahoo
Secrets to selling local Hawaiʻi-made products revealed
HONOLULU (KHON2) — The Department of Business, Economic Development and Tourism (DBEDT) will host its third annual Hawaiʻi-Made Conference on Tuesday, May 20. This year's theme is I Ka Mākeke! Going to Market! The event will bring together entrepreneurs, retailers, lawmakers and industry leaders from across the state for a full day of learning and connection. Hard times made tougher as small businesses deal with theft, vandalism Held at the Hawaiʻi Convention Center, the conference highlights the rising strength of local manufacturing. Here's what you need to know. Not all products fit every market. The first two sessions break down how local goods perform in different spaces. You'll hear directly from event leaders like Lauren Zirbel from the Made in Hawaiʻi Festival and panelists with insights on local consumer shows and visitor-focused markets. Selling locally through pop-ups or events like the Made in Maui County Festival offers direct access to community feedback. Meanwhile, marketing to tourists, whether from the continental U.S. or Japan, requires cultural awareness and clear branding. Knowing the audience helps small producers make informed decisions before launching a product. The conference is much more than panels and presentations. It's a space to meet buyers, mentors and policymakers face-to-face. From the coffee networking breaks to the keynote luncheon, attendees will get to build relationships that can open doors. Meli James of Mana Up, who will give the keynote, will share what buyers actually look for when scouting local brands. If you're building a business, these are the kinds of conversations that make a Five outlines the many ways Hawaiʻi's government is backing food and beverage producers. You'll hear from Senator Donovan Dela Cruz, Representative Kirstin Kahaloa and Denise Yamaguchi of the Hawaiʻi Ag & Culinary Alliance. They'll share programs, grants and collaborations that help local makers expand without going it alone. This is your chance to understand where policy meets production and how to plug into it. If your business is ready to grow but not ready for a full facility, commercial kitchens are key. Experts from the Hilo Food Hub and Maui Food Innovation Center will explain how shared spaces help reduce costs and turn good ideas into sellable products. Chris Bailey of the Wahiawā Value-Added Product Development Center will guide the discussion on how these kitchens can spark innovation and collaboration between businesses. Third annual Hawaii-made Conference addresses issues small businesses face Japanese visitors shop differently than American tourists. They often look for presentation, quality and brand story. Session 3 focuses on what makes products stand out in this specific market. Panelists include leaders from Hawaiian King Candies, Studio Rim Hawaiʻi and Dean & Deluca Hawaiʻi. They'll break down how to adjust packaging, ingredients or messaging to match what Japanese visitors value most. DBEDT's Hawaiʻi Made directory is a free platform for companies that manufacture most of their products in the islands. This online hub makes it easier for shoppers to find local businesses and helps companies reach new audiences. Businesses can apply to be listed, and resources like INNOVATE Hawaiʻi offer tools to improve operations, add e-commerce functions and grow sustainably. Click for more information on the event as well as the full listing of panels, events, dates and times. Get news on the go with KHON 2GO, KHON's morning podcast, every morning at 8 For those who want to be part of Hawaiʻi's future economy, the conference offers a clear path forward that's grounded in local values and open to the world. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
16-05-2025
- Business
- Yahoo
Tourism agency brings back passenger counts after data blip
The state Department of Business, Economic Development and Tourism has restored passenger counts from international and domestic travelers, correcting at least part of the blip in data caused by the pilot program for a digitized agriculture disclosure form. Eliminating the optional tourism questions on the back of the form for the Akamai Arrival pilot program, which runs from March 1 to May 31, initially caused the department to remove its daily passenger counts, a real-time measuring tool that has been available since Sept. 11, 2001. Lt. Gov. Sylvia Luke told the Honolulu Star-Advertiser that the optional tourism questions on the back of the printed agricultural form were left off the digitized version to better measure compliance. She said officials chose a simplified form as they were worried that adding the more time-consuming tourism questions might skew the pilot's participation rate. Luke said the optional tourism questions currently have about a 40 % compliance rate. Jennifer Chun, DBEDT director of tourism research, estimates that the pilot eliminates tourism questions from all arriving Southwest flights, all American flights, five Alaska flights, one Delta flight, two Hawaiian flights and two United flights—roughly 31 % of scheduled flights and 28.4 % of scheduled air seats. DBEDT Director James Kunane Tokioka said the agency received complaints after the pilot began March 1 and the agency removed daily passenger counts from its website. Tokioka said recently that DBEDT's Research and Economic Analysis Division restored the international passenger counts as of May 1, and on May 5 resumed the reporting of domestic data, albeit with a one-week delay. 'The Department of Agriculture is now providing DBEDT with the daily passenger data on a weekly basis, and we are currently working with DOA on a memorandum of understanding to receive and report the data on a daily basis, ' he said in an email to the Star-Advertiser. 'Once the MOU is approved, we will report the data at the same schedule as we have been using in the past.' The initiative was authorized under Act 196 and has been touted by state leaders, including Gov. Josh Green, Luke and Sen. Glenn Wakai (D, Kalihi-Salt Lake-Pearl Harbor ) as a significant step toward modernizing Hawaii's bio security efforts. Wakai, who chairs the Senate Committee on Energy and Intergovernmental Affairs, said he started advocating for a digital agricultural form five years ago and initially was met with resistance, until 2024 when lawmakers passed a law encouraging the migration from paper to an app. He said ending the in-flight paper agricultural form would save at least $800, 000 annually, but more important, digitization increases completion rates and strengthens protections against invasive species. Passengers typically would complete the digitized form in advance of boarding their flight. But the initial data gap from the pilot left economists and tourism research professionals stumped on how to get enough nuanced information to calculate year-over-year comparisons for the monthly visitor arrivals and spending reports. They criticized the decision to discontinue the existing methodology, instead of temporarily running both programs in parallel so as to benchmark against the pre-existing methodology. Tokioka said DBEDT is now receiving data from the Akamai Arrival Program, so 'all the data are comparable to the past and the comparisons are valid.' He said DBEDT is planning for the future when the Plants and Animals Declaration Form becomes 100 % digital. Once that occurs, Toki oka said, 'DBEDT has two options to collect the domestic visitor data : (1 ) switch domestic visitor data collection to an airport departure survey ; (2 ) digitize the tourism survey form.' DBEDT is planning a pilot program to test the effectiveness of the two methods.
