Daily news on business and economy in American Samoa

Provided by AGP

AGP Executive Report

Last update: 17 minutes ago

Ferry Progress: DAMEN Shipyards Group wrapped up a May 4–8 visit with PAAS, reviewing specs and timelines for American Samoa’s new fast ferries and reaffirming the project’s push for safer, more reliable inter-island travel. Deep-Sea Mining Pushback: Finafinau and partners are collecting signatures for a community letter urging the Fono to demand stronger safeguards as federal agencies move toward potential leasing. Fuel Surcharge Shock: ASPA says electricity rates will jump in May, with the residential system rate rising from 38 to 46 cents per kWh as fuel costs drive most of the increase. Local Governance & Compliance: The Territorial Audit Office flagged major issues in the CJPA COPS program, saying about $459,000 may need to be repaid and training requirements weren’t met. Regional Security: A Micronesia security forum in Guam heard warnings that deep-sea mining and new military tech could reshape Pacific control over waters.

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

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FEMA approves $113M to support economic recovery in Arizona

FEMA approves $113M to support economic recovery in Arizona


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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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