Business

By Devika Koppikar Gaithersburg, MD—Jisu Nelson, a Korean American hairdresser was making a modest income during the dot-com boom. So when her then-teenage son wanted to attend a special ROTC program in Rockville, she moved the family from Virginia to Maryland and became a homeowner. It took holding down two jobs, but the single mother was able to make her …

By Mary Tablante The growing economic clout of Asian Americans extends beyond our role as consumers. We are increasingly becom­ing business owners. In fact, one in four minority businesses is owned by an Asian American, according to the U.S. Depart­ment of Commerce’s Minority Business Development Agency. And those busi­nesses are unusually successful, produc­ing more than fifty percent of the gross …

Announces 2013 Summer Civic Fellowship Program for Asian Pacific American College Students in Washington, DC The International Leadership Foundation (ILF) is proud to announce that it is accepting applications for the 2013 Civic Fellowship program. For the fourteenth year, ILF will award over 30 fellowships to Asian Pacific American col¬lege students who the ILF identifies as exhibiting the qualities and …

By Mary Tablante Marketers now have another reason to target the Asian American community. AAPI buying power is up 523 percent since 1990, and will reach $718.4 billion this year, according to a recent Nielsen report. The reason for the surge is a combination of our increasing population and cultural characteristics. The Asian American segment of the United States population …