American Samoa
The American Senate has unanimously passed a bill removing the 10% cap on local investments by the American Samoa Government Employees Retirement Fund (ASGERF). Supporters argue it will strengthen the local economy, but concerns remain over the Government’s unpaid US$9.4 million contribution bill and potential governance issues. ASGERF board member, Fuiavailili Keniseli Lafaele, warns the changecould destabilise the Fund, with reduced federal grants and economic downturns posing additional risks.
Commonwealth of Northern Mariana IslandsA proposed EUCON Silicon Valley Tech Park in Saipan is set to . . .
Register New Account
Related News
11 Feb, 2025
MRS Oil Slashes Petrol Prices Nationwide
01 Jun, 2025
Munster crash out of URC after semi-fina . . .
26 May, 2025
Trump hints at an announcement in the ‘n . . .
17 Mar, 2025
Karlie Kloss is pregnant: Supermodel exp . . .
16 Apr, 2025
Would Hakimi prefer facing Real Madrid o . . .
12 Mar, 2025
Rise of the Ronin is another crappy PC p . . .
10 Mar, 2025
Russian, Turkish diplomats discuss situa . . .
24 Mar, 2025
Sports Celebrities Targeted in Recent Ro . . .