Daily news on business and economy in American Samoa

Provided by AGP

AGP Executive Report

Last update: 29 minutes ago

Opioid settlement payout: Delaware’s AG says the $7.4B Purdue Pharma/Sackler settlement is now legally effective, with funds flowing to communities and victims and a permanent bar on the Sacklers selling opioids in the U.S. AS power costs: American Samoa Power Authority is raising the fuel surcharge, pushing the residential system rate from 38¢/kWh in April to 46¢/kWh in May, with fuel costs driving most of the increase. AAPI spotlight: May is AAPI Heritage Month, with Congresswoman Uifa’atali Amata highlighting the history and contributions of Asian Americans, Native Hawaiians, and Pacific Islanders. Deep-sea mining pushback: Local groups led by Finafinau are collecting signatures for a letter to the Fono urging stronger safeguards as the U.S. moves toward possible offshore leasing. Governance move: The Governor has established a Deep Sea Minerals Steering Committee to oversee DSM-related decisions and compliance. Inter-island transport: Damen Shipyards met with PAAS on specs and timelines for the new fast ferries. Community & culture: Bluesky is the title sponsor of the 2026 Miss American Samoa Pageant.

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

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Apr. 24, 2026

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

GlobeNewswire, Inc.

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Mar. 10, 2026

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

GlobeNewswire, Inc.

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Jan. 28, 2026

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

GlobeNewswire, Inc.

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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

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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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Sep. 17, 2025

Itron and American Samoa Power Authority Expand Collaboration to Modernize the Grid in American Samoa

GlobeNewswire, Inc.

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