Daily news on business and economy in American Samoa

Provided by AGP

AGP Executive Report

Last update: 7 hours ago

Territory Finances: Governor Pulaali’i Nikolao Pula says FY 2026 Q2 revenues are tracking about 13.2% below budget, and orders tighter control—temporary limits on new hiring (with exceptions for revenue, public safety, healthcare, and other essentials) and postponing non-essential travel pending approval. Deep-Sea Minerals Watch: The Governor also set up a Deep-Sea Minerals Steering Committee, aiming to align any DSM activity with environmental stewardship and local values, while critics push for broader, slower, Samoan-language outreach and warn federal leasing could move ahead before full environmental review. Local Economy Signals: American Samoa’s inflation rose 1.0% for the second straight month, with transportation costs driving the jump. Connectivity & Planning: ASG and Samoa partners wrapped up work toward the SAS Cable 2 plan, and the Port Administration shared its Vision 2030 transportation roadmap with business leaders.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Federal Home Loan Bank of Des Moines Announces First Quarter 2026 Financial Results, Declares Dividend
Apr. 24, 2026

Federal Home Loan Bank of Des Moines Announces First Quarter 2026 Financial Results, Declares Dividend

GlobeNewswire, Inc.

Port Administration of American Samoa and ATLAS Space Operations Finalize Agreement for New Satellite Ground Station
Mar. 10, 2026

Port Administration of American Samoa and ATLAS Space Operations Finalize Agreement for New Satellite Ground Station

GlobeNewswire, Inc.

Deep Sea Minerals Corp. Welcomes NOAA Deep-Sea Mapping Initiative Near American Samoa
Jan. 28, 2026

Deep Sea Minerals Corp. Welcomes NOAA Deep-Sea Mapping Initiative Near American Samoa

GlobeNewswire, Inc.

FOR IMMEDIATE RELEASE: HAWAIʻI STATE ENERGY OFFICE TO SUPPORT COMMUNITY RESILIENCE PROJECTS IN HAWAIʻI AND AMERICAN SAMOA
Dec. 23, 2025

FOR IMMEDIATE RELEASE: HAWAIʻI STATE ENERGY OFFICE TO SUPPORT COMMUNITY RESILIENCE PROJECTS IN HAWAIʻI AND AMERICAN SAMOA

Governor of State of Hawaii

Purdue/Sackler $7.4 Billion Opioid Settlement Goes into Effect
May. 9, 2026

Purdue/Sackler $7.4 Billion Opioid Settlement Goes into Effect

Nevada Attorney General

Federal Home Loan Bank of Des Moines Announces 2025 Fourth Quarter and Annual Financial Results, Declares Dividend
Feb. 11, 2026

Federal Home Loan Bank of Des Moines Announces 2025 Fourth Quarter and Annual Financial Results, Declares Dividend

GlobeNewswire, Inc.

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