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Transcripts For BBCNEWS World 20240704



now the focus has been on emergency relief, there are thousands of families, businesses that have lost everything and so we re just focusing on that. to as much extent possible. but while there has been a lot of support helping families and business that has been impacted, is for us to focus on the economic recovery phase and to set the groundwork there, that s why we launched the business relief fund so when businesses pervert and assess the damage that has been done, that funds will be available to help them rebuild. pivot. available to help them rebuild. ivot. ~ . ~ ., available to help them rebuild. ivot. . ~ ., , pivot. what kind of response are ou pivot. what kind of response are you heping pivot. what kind of response are you hoping for pivot. what kind of response are you hoping for from - pivot. what kind of response are you hoping for from the - are you hoping for from the appeal, are you hoping businesses unaffected by the fires locally wi ....

People , Officials , 111 , 1000 , One , Businesses , Lahaina-community-west-maui , Scale , Business-relief-fund , Emergency-management-agency , Chamber-of-commerce , Destruction

Transcripts for BBCNEWS World Business Report 20240604 04:30:00

Have been released by officials, one week after at least 111 people died. more than 1,000 people are estimated to still to be missing. it will be a long wait until the full scale of the destruction is understood, however the maui emergency management agency has estimated it will cost $5.52 billion to rebuild. the local chamber of commerce s foundation has established a business relief fund to help local businesses who have been impacted by the wildfires. joining me now is sherry menor mcnamara, president and ceo, chamber of commerce. thank you very much for being with us today. i thank you very much for being with us today. with us today. i know it is early days with us today. i know it is early days and with us today. i know it is early days and we - with us today. i know it is early days and we are - with us today. i know it is - early days and we are focused on the recovery, how much are people thinking about rebuilding at this stage? right ....

People , Officials , 111 , 1000 , One , Businesses , Lahaina-community-west-maui , Scale , Business-relief-fund , Emergency-management-agency , Chamber-of-commerce , Destruction

Transcripts for BBCNEWS World Business Report 20240604 04:34:00

Different way, what are your thoughts on that? right now the number one thoughts on that? right now the number one industry thoughts on that? right now the number one industry in - thoughts on that? right now the number one industry in hawaii . number one industry in hawaii is the visiting industry, maui, 80% of the industry relies on the visitor industry, it will be difficult to pivot 100%. with that said pre pandemic there has been discussion that we had too many, 10 million visitors and it kept building, there was discussion, but what we did do is pervert to more of a campaign encouraging visitors to campaign but who will be respectful of the environment and the people to learn from our communities and culture and to take care and that s what we want to build an industry, a visitor industry that will attract visitors that will understand the culture of hawaii. . ~ ,, , understand the culture of hawaii. ., ~ , . hawaii. thank you very much, president hawaii. thank you very mu ....

Lahaina-community-west-maui , Industry , Visitor-industry , Way , Hawaii , Thoughts , 80 , Number-one , One , 80 , 100 , Visitors

Transcripts for BBCNEWS World Business Report 20240604 04:33:00

Is closed, other parts of my maui they are still open. many believe that it cannot go to maui yet, but those parts of the island are open, and it is critical to understand that because many of the businesses who rely on the visitor industry rely on that business so we hope that when visitors do come that they visit these local businesses, but more importantly, to stay away from lahaina community, west maori because we need to ensure those who have been impacted are able to grieve and not be disrespected, wejust to grieve and not be disrespected, we just asked for travellers to be respectful travellers to be respectful travellers and visitors, but still maui is openjust travellers and visitors, but still maui is open just west maui is not open. still maui is open ust west maui is not open. still maui is open ust west maui is not open. some have called for maui is not open. some have called for less maui is not open. some have called for less tourism - maui is not open. some hav ....

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Transcripts for BBCNEWS World Business Report 20240604 04:32:00

Donations nationally, locally and internationally, every donation will help, on lahaina alone there are 3000 businesses and that is restaurants and retail alone. approximately 3500 jobs. when you think about the domino impact, many businesses indirectly are also being impacted economically. so we need to help these businesses who by the way are still recovering from the pandemic. many of them dug deep holes and are still paying back loans and other types of funding, and so that is why it is critical we raise as much monies as we can to help these businesses rebuild and be able to restore the job. the to restore the “0b. the devastation to restore the job. the devastation clearly - to restore the job. the devastation clearly centred on the island of maui, are other islands paying some kind of a price for the buyers as well? the state of highway is an island economy we are dependent on each other, and maui alone, the lahaina community west maui ....

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