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Washington First weathers storm of controversy with FDIC list

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Part 2 of Northwest Asian Weekly’s local banks coverage

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Washington First International Bank’s president and CEO, Elizabeth Huang (Photo by Assunta Ng/NWAW)

By Ryan Pangilinan
Northwest Asian Weekly

As the world recovers from the global economic crisis, many people have looked to banks and financial service centers as the source for blame, questions, and answers. Along with the public unease, many banks have come under fire from the Federal Deposit Insurance Corporation (FDIC). It released a list of financial institutions that were under investigation. Read the full story

Posted in Business, Community News, Vol 29 No 4 | 1/23-1/29Comments (1)

Asian American banks set to rebound from financial crisis?

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Part 1 of 2: An exclusive with Regal Bank

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William Glassford (left) and Douglas Kemper worked together 30 years ago at Rainier Bank. Now the two are teaming up once more to help Regal Financial Bank climb out of its economic woes. (Photo by Assunta Ng/NWAW)

By Assunta Ng
Northwest Asian Weekly

The results of the global banking crisis have trickled its way down to local Asian American banks, which have previously been successful. They currently suffer from a tough economic climate and involvement in risky real estate loans. Read the full story

Posted in Business, Community News, Profiles, Vol 29 No 3 | 1/16-1/22Comments (2)

Former Microsoft manager blends technology, teddy bears, and tourism

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By James Tabafunda
Northwest Asian Weekly

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John Chen works on a computer at the Geotouring kiosk at Pacific Place Mall in downtown Seattle. (Photos by James Tabafunda/NWAW)

John Chen’s passions — technology, adventure, and human change — have combined in such a way to create a successful corporate team-building business. His current project enables individuals and groups to enjoy a special “high-tech treasure hunt” in downtown Seattle. Read the full story

Posted in Business, Community News, Vol 28 No 52 | 12/19-25Comments (1)

After 5 years, the War Room closes its doors

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Popular Seattle nightclub, the War Room, closed its doors on Nov. 30. The War Room was known for its diverse patrons. (Photo by Brian R. on yelp.com)

By Jacklyn Tran
Northwest Asian Weekly

Pressure from the city and state may have contributed to the closing of the War Room, a popular Capitol Hill nightclub, but the contributions that the venue has made to the music and nightlife scene is one that patrons won’t soon forget. Read the full story

Posted in Business, Community News, Features, Features 51, Profiles, Vol 28 No 51 | 12/12-18Comments (0)

Traditional Chinese tea house offers a dose of culture and a splash of taste

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Dafe Chen’s wife, Grace Li, demonstrates how to properly prepare tea to an eager group of people.

Dafe Chen’s wife, Grace Li, demonstrates how to properly prepare tea to an eager group of people.

Read the full story

Posted in Business, Community News, Vol 28 No 41 | 10/3-10/9Comments (1)

Businesses upset as break-ins increase in the ID

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Many businesses in the ID were broken into during August, something that is causing anxiety for business owners. (Photo provided by the Greater Seattle Chinese Chamber of Commerce)

Many businesses in the ID were broken into during August, something that is causing anxiety for business owners. (Photo provided by the Greater Seattle Chinese Chamber of Commerce)

By Staff
Seattle Chinese Post

More than seven stores were broken into during the week of Aug. 17. With the help of May Wan, the Greater Seattle Chinese Chamber of Commerce’s senior adviser, businesses gathered together to discuss the break-ins. The Chinatown-International District Business Improvement Area (CIDBIA) contacted the West Precinct of SPD and asked them to participate in the meeting and be prepared to discuss with the community the rash of attempted break-ins. The Seattle Police Department (SPD) summed all related complaints and appointed an officer to deal specifically with them.

Reported businesses that were broken into include Ocean City Restaurant, Jade Garden Restaurant, Cake House, Honey Court Seafood Restaurant, the Greater Seattle Chinese Chamber of Commerce, Tropic Thai Restaurant,  and Ho Ho Seafood Restaurant. There is no reported evidence that this chain of offenses was committed by the same criminals.

To unite business owners in preventing crime in the International District (ID), May Wan invited the SPD-West Precinct officers to meet owners and discuss solutions.

Owners stated that they would like to see more SPD patrols in the ID. They said they think even one parked patrol car is enough to deter criminals. Read the full story

Posted in Business, Community News, Vol 28 No 38 | 9/12 - 9/18Comments (1)

To use plastic or not to use plastic?

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The controversial Seattle bag tax draws line between dissenters and supporters

By Julie Pham
FOR Northwest Asian Weekly

Seattle may become the first city in the United States to institute a tax on the plastic bags people carry home from grocery stores. Seattleites will vote on Referendum 1, dubbed the Seattle bag tax, in the Aug. 18 election. Read the full story

Posted in Business, Community News, News, Vol 28 No 34 | 8/15 - 8/21Comments (3)

Thai Tom commits health code violations … again

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Thai Tom restaurant recently underwent scrutiny from Public Health — Seattle & King County for health code violations. (Photo by Ron M. from yelp.com)

Thai Tom restaurant recently underwent scrutiny from Public Health — Seattle & King County for health code violations. (Photo by Ron M. from yelp.com)


By Vivian Luu

Northwest Asian Weekly

Public Health — Seattle & King County responded to a complaint filed by a patron at Thai Tom restaurant, who saw a cockroach on the counter where food was being served. Read the full story

Posted in Business, Community News, News, Vol 28 No 32 | 8/1 - 8/7Comments (3)

With tennis in the blood, brothers open dream courts

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By Nina Huang
Northwest Asian Weekly

Roger Mark and Byron Mark

Roger Mark and Byron Mark

Roger Mark, a tennis coach, and Byron, his younger brother and business partner, started playing tennis when they were 9 years old. At the time, tennis was considered a rich white man’s sport and Asian American players playing at private clubs was unheard of. However, Roger and Byron Mark recently gained ownership of their own tennis club. Read the full story

Posted in Business, Community News, News, Vol 28 No 30 | 7/18 - 7/24Comments (2)

LIHI makes people rethink definition of low-income housing

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The Copper Lantern Project is a community of 33 new townhomes in Kenmore that Secou Diate and his family reside in. It was developed by Seattle’s Low Income Housing Institute. Photos provided by Low Income Housing Institute.

The Copper Lantern Project is a community of 33 new townhomes in Kenmore that Secou Diate and his family reside in. It was developed by Seattle’s Low Income Housing Institute. Photos provided by Low Income Housing Institute.

Read the full story

Posted in Business, Community News, News, Vol 28 No 29 | 7/11 - 7/17Comments (0)

Q & A: What is a mortgage loan modification? (and how can it help you?)

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By Jacklyn Tran
Northwest Asian Weekly

Loan modification expert Duc Nguyen

Loan modification expert Duc Nguyen

The tumultuous housing market has created a feeling of uncertainty for many of today’s homeowners.

Figuring out the available options can be a daunting task, which oftentimes leads to more questions than answers.

With many people out there looking for useful information, help isn’t always readily available.

Read the full story

Posted in Business, Community News, News, Vol 28 No 27 | 6/27 - 7/3Comments (0)

Foreign companies eye India with cautious optimism

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By Erika Kinetz
The Associated Press

A glowing Wal-Mart sign in India is a sure sign of the globalization of Asia’s third largest economy. Photo provided by www.indiadaily.org.

A glowing Wal-Mart sign in India is a sure sign of the globalization of Asia’s third largest economy. Photo provided by www.indiadaily.org.

MUMBAI, India (AP) — At first, last month’s victory of India’s ruling Congress party raised hopes that the doors to Asia’s third-largest economy would be open to foreign investment.

Read the full story

Posted in Business, News, Vol 28 No 26 | 6/20 - 6/26, World NewsComments (0)

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