The World Bank is working with the Central Bank of Samoa (C.B.S.) on a real time payment system that would address any need for having a digital currency. This is according to C.B.S. Governor, Maiava Atalina Ainu’u-Enar, who was responding to the question on whether the Central Bank will consider issuing a digital currency for Samoa in the future.
An audit has revealed the Samoa Ports Authority operated above its $1.3 million overdraft limit in the 2013-2014 financial year. The Authority’s cash flow crisis was highlighted in an audit report on the financial year 2013-2014 compiled by the Audit Office and submitted to the Parliament.
A senior official in the Ministry of Justice Courts and Administration is being investigated over the alleged misappropriation of $100,000. The investigation was confirmed by the Ministry’s Assistant Chief Executive Officer, Ve’atauia Fa’atasi Puleiata.
Prime Minister Tuilaepa Dr. Sa’ilele Malielegaoi met Chinese President Xi Jinping on Friday in Port Moresby, Papua New Guinea. Meeting on the sidelines of the 26th Asia-Pacific Economic Cooperation (APEC) Leaders Summit, the two leaders exchanged views on bilateral ties and pragmatic cooperation.
The Central Bank of Samoa (C.B.S.) is aware of people involved in the cryptocurrency scheme, especially OneCoin, who have received false promises from agents promoting the crypto asset. C.B.S. Governor Maiava Atalina Ainu’u-Enari told Sunday Samoan these are high profile people, including business people, who call their office asking for assistance in tracking their money.
Vailima, Samoa’s Own Beer, celebrated an exciting milestone, its 40th anniversary since it was established in Samoa and 35 years in American Samoa.
International rugby franchises see the value of Pacific nations in lifting the standard of the sport through the display of stylish rugby skills possessed by Pacific Islanders. This is according to former New Zealand rugby league star, Sione Faumuina, who is in Samoa as part of the first Samoa Business Network business trip where he facilitated in a session on “Entrepreneurial mindset” as a keynote speaker.
The Samoa Victim Support Group Juniors recently launched a book drive in a bid to build a library at Foailuga. Communication officer for Group, Marieta Ilalio, said the book drive is an opportunity for members of the public donating books to help create a library in Foailuga, Savai’i.
The Nuanua O Le Alofa organisation has received a donation of $2000 from My Girl’s Club. The organisation is the peak advocacy body for persons living with disabilities and continues to be the recipient of support from the club. This is the fourth time the club has come to the aid of the organisation in four consecutive years.
A review of the Community Development Sector Plan 2016 – 2021 has been a fruitful exercise, says Afamasaga Faauiga Mulitalo. The CEO of the Ministry of Women, Community and Social Development said this when giving her assessment of the two-day forum at the TATTE Building.
The International Monetary Fund (I.M.F.) has helped Pacific Islands develop in a number of ways and will continue to do so in the future, says I.M.F. Small States Division Chief (Asia Pacific Department), Allison Stuart.
Small medium enterprises (S.M.E) in Samoa represent 88.27 per cent of all enterprises, which indicates the vital role such businesses play in developing Samoa’s economy. This is according to Samoa Business Network (S.B.N.) New Zealand Chairperson, Laura Keil-Hall, who was in Samoa for the S.B.N. Business Trip earlier this week.
Samoa can expect more rain in the coming weeks, says Samoa Meteorological Office Acting C.E.O. Mulipola Ausetalia Titimaea. Mulipola said the rain experienced over the past few days is expected to clear off over the weekend as the trough of low pressure lying over Samoa moves away.
Former Member of Parliament Aveau Niko Palamo and ex-bureaucrat Velda Collins have condemned attempts in Brisbane to attack Prime Minister Tuilaepa Dr. Sa’ilele Malielegaoi. The P.M., who flew to Australia early in the week on the inaugural Samoa Airways’ Faleolo to Brisbane service, was speaking at the official launching of the service when two unidentified men walked in and threw an “uncooked pig’s head” in his direction.
The Apia Rotary Club has donated four wheelchairs and four walkers to the Samoa Cancer Society. Apia Rotary Club member, Christine Hurley, said the donated items will give patients more mobility and enable them to see family and friends.
A man has been sentenced to three years imprisonment for stealing $30,000 worth of construction and engineering equipment from his employer. The stolen items include a .22 rifle and a 12-gauge gun. Appearing before Justice Vui Clarence Nelson in the Supreme Court yesterday, Taeao Luteru of Gataivai Savaii and Pesega pleaded guilty to burglary and theft as a servant.
Prime Minister Tuilaepa Dr. Sa’ilele Malielegaoi has arrived in Port Moresby, P.N.G with other Pacific Island leaders to observe the 26th Asia-Pacific Economic Cooperation Leaders Summit. He is among leaders of eight Pacific Island states that recognise Beijing diplomatically, and will meet the Chinese President Xi Jinping on the sidelines of the regional economic summit in Port Moresby.
Think a minute…Today’s world, from its large companies to entire countries, runs on the speed and power of computers. But when the computer breaks down, it causes serious loss, damage, even destruction.
Talofa! It is with great pleasure that I come with my colleagues to attend the Closing Ceremony of Training Course on Creative Handicrafts and Sewing skills for Samoa sponsored by the Chinese government.
P.M. on Church leaders It seems Prime Minister Tuilaepa can’t leave members of clergy alone. During a radio programme last week, he had plenty to say about Church Ministers. For instance, he reminded them that Church Ministers were only taught on spiritual matters, not on Economics.
© Samoa Observer 2016
Developed by Samoa Observer in Apia