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American Samoa Economic Development Authority

Rendering of new Fono building and proposed offices
Pago Pago, AMERICAN SAMOA — The House Budget and Appropriations Committee unanimous approved three nominees for the American Samoa Economic Development Authority (ASEDA) with a vote of 12-0 each. The three new members for the ASEDA board of directors are; Director of Public Works, Faleosina Voigt,...
Temporary Senate chamber
Pago Pago, AMERICAN SAMOA — Three Administration bills were introduced last week in the Senate along with the governor’s nomination of three new members to the American Samoa Economic Development Authority (ASEDA) board of directors. The measures have been assigned to the appropriate committees for...
Moody's Investors Service logo
Pago Pago, AMERICAN SAMOA — Moody’s Investors Service has affirmed a Ba3 rating on American Samoa’s outstanding general revenue bonds and assigned the same rating — Ba3 — to the new 2021 bond series, which the American Samoa Economic Development Authority (ASEDA) announced last month that it plans...
Pago Pago, AMERICAN SAMOA — In a press release issued May 7, the American Samoa Economic Development Authority (ASEDA) signals that due to current conditions in the global financial markets, ASEDA is considering refinancing or refunding portions of the 2015 bonds (Series B & C) to reduce the...
Governor’s Chief Legal Counsel Jason Mitchell
Pago Pago, AMERICAN SAMOA — In a press release issued May 7, the American Samoa Economic Development Authority (ASEDA) signals that due to current conditions in the global financial markets, ASEDA is considering refinancing or refunding portions of the 2015 bonds (Series B & C) to reduce the...
Rep. Larry Sanitoa
Pago Pago, AMERICAN SAMOA — After reviewing the American Samoa Economic Development Authority’s (ASEDA) public notice of their plan to issue and sell a 2021 bonds series, Rep. Larry Sanitoa says the bonds would increase the government debt by up to $25 million and maintains his belief that the Fono...
Ti’alemasunu Dr. Mikaele Etuale
Pago Pago, AMERICAN SAMOA — In a Mar. 18th memorandum, Gov. Lemanu Peleti Palepoi Sialega Mauga made the “recess appointment” of Chief Procurement Officer, Ti’alemasunu Dr. Mikaele Etuale, as a member to the board of the American Samoa Economic Development Authority (ASEDA). According to the...
New members of the ASEDA Board
Pago Pago, AMERICAN SAMOA — The Legislature has the full authority to change the law that allows the American Samoa Economic Development Authority (ASEDA) to issue bonds. This was the statement by the American Samoa Attorney General Fainu’ulelei Ala’ilima Utu during a House Hearing to approve three...
Sen. Magalei Logovi’i
Pago Pago, AMERICAN SAMOA — A Senate bill, sponsored by Sen. Magalei Logovi’i, if enacted into law will address long standing complaints from several lawmakers in the past years, over the American Samoa Economic Development Authority issuing new bonds and spending these revenues without Fono...
ASG Treasurer Malemo L. Tausaga
Pago Pago, AMERICAN SAMOA — ASG Treasurer Malemo L. Tausaga is the newest member of the American Samoa Economic Development Authority (ASEDA) board of directors after his confirmation by the Senate. Malemo’s “insight as the Treasurer... will be an asset to the board in executive objectives that...

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