Economy Archives - Page 4 of 4

New Digital Payment System to Boost Samoa’s Financial Inclusion and Support Economic Activity

Apia, Samoa, May 16, 2023- Samoans are set to benefit from their new national digital payment platform, which will make it easier and quicker to transfer funds,...

Economy2 years ago

Finance Minister rubbishes allegations that Government is running out of funds

The allegations have been circulating for some time and spread by certain Government employees saying the Government will run out of funds by April 2023. By...

Economy2 years ago

Samoa’s Robust SOE Framework a Model for the Pacific — ADB REPORT

Source: ABD APIA, SAMOA – 23 MARCH 2023: Prioritizing state-owned enterprise (SOE) reforms over the past 8 years has provided Samoa a platform for more efficient...

Economy2 years ago

Central Bank of Samoa Continues to Loosen Monetary Policy

“All in all, total foreign reserves are expected to improve by around $35.0 million to a total of $842.90 million by June 2023 or around 9.4...

Economy2 years ago

Samoa’s economy experiencing a strong recovery – IMF

After a three-year recession driven by the Covid-19 pandemic, the Samoan economy is experiencing a strong recovery driven by the return of tourism. An expansionary...

Economy2 years ago

Companies recruiting Samoan workers under RSE warned

By Lagi Keresoma APIA, SAMOA – 24 JANUARY 2023: Cabinet’s decision to temporarily suspend sending Samoan workers under the Regional Seasonal Employment (RSE) scheme has taken...

Economy2 years ago

ADB & Samoa sign $7.5 Million Grant to Accelerate Covid 19 recovery

APIA, SAMOA – 24 NOVEMBER 2022: The Asian Development Bank (ADB) and the Samoan government signed the $7.5 million policy-based grant to help the Samoan economy rebound from the...

Business2 years ago

Minister concerned over loss of police officers to seasonal work overseas

By Lagi Keresoma APIA, SAMOA – 07 OCTOBER 2022: The Minister for Police & Prisons, Faualo Harry Schuster has raised concern over the loss of police...

Business2 years ago

Starkist Company recruiting 500 more Samoan workers

By Lagi Keresoma APIA, SAMOA – 15 SEPTEMBER 2022: The Manager of the StarKist Fish Packaging Company in American Samoa and its Human Resource Manager are...