Dec 31st 2017 O.A.
2018 Economic Outlook
Thursday, December 14th was the Pacific Rim Client Appreciation Dinner held by Bank of the West at Pasadena. Bank of the West is an American bank where their HQ is located in San Francisco, and has over 600 locations mainly in western and central regions. Entrepreneurs that are mainly working in US and Asia were invited to the appreciation dinner, and the bank’s 2018 economic prospect was announced at the conference. Chief Economist, Scott Anderson stated “In 2018, Asia region, especially the developing countries will grow exceeding global trends. On the other hand, China and Japan will grow in a stable cycle.” He also stated that the employment rate for the US will rise and the unemployment rate will decrease even more in the coming year. Head of Pacific Rim Banking Division, Yukinori Nishio stated his new year’s resolution saying “We will continue to work hard in order to overcome issues and matters we shall encounter in countries with different values and cultures for new business opportunities.”
Sharing Is Caring
Meals were served on Monday, December 26th at Torrance for local community individuals and citizens needing for support in their daily lives. This is an annual event held by the American Honda at the local hotel with the salvation army. This year is the 27th time, and long lines were formed outside as volunteer staffs from Honda set up the tables from early morning. About 1000 people participated this year with many of them being a family. Everyone enjoyed their warm turkeys, salads and desserts. This event started when a parent broke into the store ran by the salvation army because they didn’t have any money to buy their kids a Christmas present 27 years ago. Since then, Honda gives back to underprivileged family. Participants took pictures with Santa Clause after their meals. From children to senior, they all spent a warm holiday.