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American Samoa Economic Development Authority

ASG govt logo
Pago Pago, AMERICAN SAMOA — Based on advise from consultants, American Samoa Economic Development Authority (ASEDA) board of directors has opted not to move forward with the proposed general refunding bond 2020 series. In the meantime, the board has updated investors on the latest development at...
ASG govt logo
Pago Pago, AMERICAN SAMOA — The American Samoa Economic Development Authority (ASEDA) is trying to refinance its current bonds at the lower interest rates— taking advantage of the bond market at this time, says ASEDA board member Iulogologo Joseph Pereira, responding to Samoa News inquiries...
ASG govt logo
Pago Pago, AMERICAN SAMOA — The three House members who filed a lawsuit last year against the American Samoa Economic Development Authority (ASEDA) board of directors, over the agency’s spending of proceeds from the 2018 bond series without Fono approval will not seek reconsideration of the High...
American Samoa High Court building
Pago Pago, AMERICAN SAMOA — In a 7-page decision dated Jan. 6th, the Trial Division of the High Court dismissed the lawsuit filed by three House members against the American Samoa Economic Development Authority (ASEDA) board of directors, pointing out — among other things — that plaintiffs “lack...
American Samoa High Court building
Pago Pago, AMERICAN SAMOA — Three House Representatives filed their opposition motion to the Trial Division of the High Court of American Samoa last week in response to the American Samoa Economic Development Authority’s (ASEDA) motion to dismiss a complaint by the three over the use of proceeds of...
[l-r] Port Administration director Taimalelagi Dr. Claire Poumele; ASG Treasurer Ueligitone Tonumaipe’a; and Attorney General Talauega Eleasalo V. Ale.
Pago Pago, AMERICAN SAMOA — American Samoa Economic Development Authority (ASEDA) board members, re-nominated for another 4 year term, appeared last Friday morning before a Senate committee for their confirmation hearings. Port Administration director Taimalelagi Dr. Claire Poumele; ASG Treasurer...
American Samoa High Court building
Pago Pago, AMERICAN SAMOA — The American Samoa Economic Development Authority (ASEDA) has filed a motion to dismiss the complaint for declaratory relief filed by three faipule in the Trial Division of the High Court this week. Assistant Attorney General Alexandra Zirschky representing the ASEDA,...
American Samoa High Court building
Pago Pago, AMERICAN SAMOA — A Complaint for Declaratory Judgment was filed in the Trivial Division of the High Court of American Samoa this week by three House Representatives named as plaintiffs, against the American Samoa Economic Development Authority (ASEDA). At the center of the complaint is...
 Iulogologo Joseph Pereira; board chairman, ASG Treasurer, Uelinitone Tonumaipe’a; and board vice chair, Attorney General Talauega Eleasalo Ale
Pago Pago, AMERICAN SAMOA — The Senate Budget and Appropriations Committee has agreed to request the Lolo Administration to provide proposed legislation to appropriate and approve spending of the more than $50 million in proceeds the government received from the sale of the 2018 bond series, issued...
ASTCA building
Pago Pago, AMERICAN SAMOA — A draft copy of a proposed Memorandum of Agreement (MOA) between the ASG, the American Samoa Economic Development Authority (ASEDA), and ASTCA was recently received by Samoa News. Although the draft indicates Jan. 31, 2019 as the MOA’s effective date, Samoa News has been...

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