Samoan Business News

 

SamoaLive! 14 Oct) Samoa mo Samoa in Business
The new Foreign Investment Act which came into effect on 15 June 2000 has reserved businesses in buses,taxis,vehicle hires, retailing and sawmilling to only those of Samoan citizens.The Act also requires that every existing and future foreign investment in Samoa has to hold a foreign investment certificate, a requirement which has to be complied with within 12 months ie by 14 June 2001.This Act is expected to rationalise and control foreign invesments into the country.Click here for text of Act

SamoaLive! 6 Oct) Polynesian Has Business Lounge
Polynesian airlines is officially opening its business lounge at Faleolo Airport when the new airport extension is officially opened by the Government today.This is the first time that Faleolo airport will have an airline lounge.This will be welcomed by the business class passengers as before they did not have any special treatment. The Faleolo airport has become one of the most modern airports in the Pacific after its recent upgrading by the World Bank.This development is timely for arrival next month of  the new Polynesian Airlines aircraft.

SamoaLive! 27 September)  T1 or E1 lines?

For those who think that E1 and T1 lines can only be in the USA will have a pleasant surprise if the latest move by the Governments of Samoa and American Samoa is actioned.
The current bandwidth in Samoa is only 256,000 binary bits per second.By installing a T1 line Samoa could increase its bandwith to 1,500,000 binary bits per second.With a T1 line the days of video conferencing will be practical.
The main goal of the project is to use the T1 line for educational and health purposes.This move enables Samoa to access a large badwidth thru the American Samoan facilities.The project could become a turning poit in the inter-Samoa cooperation.

SamoaLive! 26 September)  Notebook Power on PAL

The latest PAL magazine features its new aircarft specs.
For those who take their computer notebooks on the plane but worry about the batteries running out before you finish your documents,there will be no more worries when the new aircraft of Polynesian Airlines operates in November this year.
The latest aircraft will have a power point to plug your computer notebook to in the business class section.This feature will make PAL one of the few airlines offering this power feature in the Pacific.
The new 737 aircraft will allow PAL to fly direct the Apia/Hawaii  and Apia/Australia sectors.

SamoaLive! 24 September 2AP Going Places
Despite the increase in the number of FM radio, TV stations ans cable tv services, 2AP still has alot of potential in the future as shown by the recent interSamoa talks.
2AP with its with its ranging coverage of Samoa and the neighbouring countries has been identified as a potential radio service beyond Samoa. American Samoa wants the 2AP to also cater for the Manua Islands.The coverage of Tokelau and Niue could also make the 2AP a regional station for these islands.

Samoalive 22 Sept)Dot WS Goes Worldsite

The .ws domain name for Samoa has now been promoted as a domain name for worldsite which is a creative way to fill the need for sites which need to be labelled as having a world coverage.
For those using the samoalive e-mail addresses they would have seen the active promotion of the .ws worldsite domain name in the last few months.CSL which has been given the right to manage the .ws domain name is working hard to make the .ws domain name as one of the most successful domain names in the Pacific following the publicity on the .tv for Tuvalu and the .nu for Niue.Samoalive will be helping out with the promotion of the .ws domain name by having its visitors click thru to the site set up for managing the .ws domain name

Samoalive 13 August
Elan Trading consisting of Australian and Samoan partners has won the bid to run the Vaitele oil mill  after the mill shut down operations earlier this year. The Samoan association of coconut planters had also competed in the bidding process but could not match the price and arrangements proposed by Elan Trading. Elan Trading is also involved in Vanuatu. The coconut planters will now have a wider choice for sale of their coconuts. The coconut cream factory of Samoa Tropical Products and the Dessico dessicated coconut factory are the other buyers of coconuts.

Samoalive 6 August 
To persuade foreign investments in Samoa, the department of Trade Commerce and Industry has stepped up its performance. Director; Tuala Frank Chan Tung has urged everyone to " work together to ensure that we accommodate these investors" and " do everything possible which we can do to meet their needs" A major project going under way is the new albacore freezing  where Asau will be used as a station for transshipment to feed the Star Kist Samoa plant.
Samoalive,16 June) If you are planning to set up business for yourself or for your relatives, you need to know the costs of labour,  leases, utilities, transport, taxes and duties in Samoa. The business menu on Samoalive has all this information so that you the exact costs you will be funding. Click here for more details 

Samoalive,20 May) The position of Attorney General for the government of Samoa is being advertised (click here) with the expiration of the present contract of Ms Brenda Heather-Latu. All positions of the government have to be advertised. Brenda Heather Latu has been the first female to occupy the position of Attorney General in Samoa. Click here for a recent interview with her for the Mothers Day special

Samoalive,20 May) Asian Development Bank and IMF missions were in Apia earlier this week for consultations with the Government. As the model Pacific economy for economic reforms, Samoa has come under a lot of attention of the international community. These missions have come at a time when the government is busy putting together its 2000/2001 budget for the June 2000 Parliamentary Session.

Samoalive,18 May) Although the civilian coup in Fiji today is seen by most observers as negative for the Pacific, there could be some gains for Samoa in the export markets in kava and taro. The tourists could also be diverted to Samoa. In the maentime, the main concern now will be the security of Samoans in Fiji, particularly the students at USP.Click here for more on the Fijian coup

Samoalive,5 May) It is fitting with Mothers day a week away, that a Samoan woman,, Ms Jacinta Folasa Titialii ,  has been  appointed into one of the most important US Commissions on Asian Americans and Pacific Islanders. The Whitehouse release to the media yesterday, had the following to say " Ms. Jacinta Folasa Titialii, of Philadelphia, Pennsylvania, who has been involved in the health care industry for fifteen years and is
currently Vice President and Assistant General Counsel for Tenet
Healthcare Corporation, the second largest investor-owned health care
management company in the United States. She has been very active in
the Samoan and Pacific Island communities in the continental U.S.,
Hawaii, and in American Samoa. Ms. Titialii has also served as Chair
of the Seattle Arts Commission and Director of Employment Opportunity
Centers, Inc., a non-profit organization aiding AAPIs with employment
opportunities. Ms. Titialii received a B.A. degree from the University of Washington and a J.D. degree from the University of Washington School of Law". 

Samoalive, 4 May) Starkist has announced its decision to set up a fish purchasing depot at the Asau wharf which will later be expanded into a fish processing facility.This is the best thing that has happenned to Asau since the Potlatch moved into that area some 30 years ago. The scaling down of the saw milling operations of Samoa Forestry Corp has led to the Asau area being depressed in the last few years. 

Samoalive,3 May )The PM and his delegation has flown into Manilla this week to attend the annual meetings of the Asian Development Bank. Samoa which has been referred to by the ADB as a "model economy" in the Pacific receives both technical assistance grants and soft-term loans from ADB.Samoa is a founding member of ADB

Samoalive,3 May) After a lull in the TV telecasts in the last 12 months, GBN has become a 24 hour channel with its menu of Christian based programmes. Two cable tv companies are now planning to operate within the next month. One of these cable tv companies which also operates in Pago was officially opened last week by the PM, Tuilaepa Sailele Malielegaoi.


 

 

 

 

 


Samoalive,29 Apr) Polynesian airlines is making money and planning to have direct flights to Australia and NZ.PAL made SAT$4.1 miilion for the year ending June 1999.The proposed expansion of the PAL operations is based on the addition of 737s later this year. This move will place PAL on a stronger competitive regional  airline operator. The Samoalive poll however has shown that PAL has still alot to do to get its act togther. The poll of 117 respondents show 20 % voted for PAL as the airline with the best service for Samoans.

(Samoalive,12Apr) Media organisations in Samoa are upbeat on their future prospects. After Maposua Keil announced expansion plans last week to have an additional two FM stations operating later this year, it has been reported that 2AP is also planning to set up a branch in Pago.the 50 to 100 mile band for their long line fishing. The sale price of the new alias have yet to be finalised. It is also not clear whether the insurance companies could insure the boats. Commercial fish exports are still the leading the export item for the country.

(Samoalive,10 Apr) Its always the nightmare most overseas based Samoans dread when they buy a paper or magazine, to read of a criminal being identified as a Samoan. March 2000 will be remembered for the Samoan name being plastered across the papers in the USA as Salamasina Ottley and then Mekeli Ieremia were arrested in two separate and independent multi-million scams. Both have been in Samoa and talked multi-million schemes which were rejected. One Government official in Samoa has said that its sad to see an increasing number of overseas Samoans coming to Apia with scams thinking the locals do not know how international financial markets work.

(Samoalive 8 Apr) Since the beginning of the year web surfers have enjoyed reduced internet costs as the ISP market in Samoa becomes competitive. Everyone is hoping that the 3  ISPs will survive at the current rates. The Samoalive team has made a survey of the internet costs and will be updating them regularly Click here for the comparisons

Annual meetings of the Chamber and Manufacturers organisations have led to new faces in the executive. Apete Meredith has become the President of the Chamber with Eddie Wilson retaining the Presidency of the manufacturers. Both organisations have new faces at the Vice Presidency level. Merita Wendt in the Manufacturers and Norman Wetzell in the Chamber.See the details in the section on new appointments and promotions in this site.

The American Samoa Economic Advisory Committee established by the US Secretary of the Interior has had consultations with Government and Business leaders in Samoa. Whilst there have been a lot of potential areas for collaboration there has been relatively little coordination or harmonisation of investment strategies between Samoa and American Samoa to date.

(Samoalive, 7 Apr) The Samoa National Provident Fund has reported that since the 1998 Amendment Act 325 contributors have opted for a lump-sum withdrawal, with only 3 for a fortnightly pension on  reaching 55 years old. Whilst the Fund did not identify why there has very few  cases taking the  fortnightly pension option , some contributors interviewed cited the immediate financial pressures for family commitments for the need to take the lump sum option.

Garments exports could reach at least $10 million annually if the current trend of exports by Cashmere continues.The Cashmere factory at  Vaiala is expected to export at $1 million per month.

Polynesian Airlines prepares for take off as it builds up its financial and marketing management team in time for the new aircraft expected later this year. The strategic link with Qantas will  give Polynesian Airlines a solid platform to compete at the international level as it expands its fleet and regional routes.

The recent controversies over the behavior modification camps like Paradise Cove and Better Ways have in a positive way inspired some to script a film for MGM. The script, has a touch of "Romeo and Juliet" in the story of a high school girl who is sent to a camp by her father after he disapproves of her relationship with a young man. Her boyfriend then plots to have himself kidnapped so he can rescue his love. Look out Samoa could end up as a location for the film.

After the introduction of the ATM and the EFTPOS in Apia early this year, there seems to have been a general lack of public enthusiasm for the new services. The ATM at the ANZ front at Matafele does not have any long queues as seen in other countries after hours or in the weekends. The are also number of different versions on whether there are additional charges by the shops  if one uses her EFTPOS card for settlement

Relatively poor performances of its Sth Pacific stores in the last quarter of 1999 has led to CostULess downsizing its purchasing office in NZ.Slow economy in American Samoa has also been reported adversely affecting the American Samoan store.

Some have suggested that the  registry arrangements for .ws may be a good area in which Samoa could share with the American Samoa counterparts on how to effect control and still have a commercial vehicle for managing the registry. The .as domain name on the other hand has given the American Samoa head aches as the  ICANA ruling has  favoured an individual, Joseph Matua resding in the USA (he has traced his ancestry on the internet to Upolu and Savaii) with the control and earnings from the .as domain name.

Before the revelation in the current trial of Leafa and Toi, most people would have guessed the initials ETTU or TTU as something to do with telecommunications or teacher training. However, Leafa's evidence in court this week has given the public a glimpse of a party which was planned to contest the general elections to be  called the "E Taua Tagata Uma". With proposed  backing from Taiwan, ETTU was going to "buy' votes on a formula of $20,000 per MP. Mention of well known names of Jack, Gafa and Leatifale in the court proceedings has given the issue an interesting twist running up to the General elections in early 2001.

A public lecture by the Japanese advisor to the Pacific Island Nations (PIN) committee will be held at the National University of Samoa (NUS) this Thursday 23 March at midday.
The lecture is part of a fact-finding mission which will give Samoa the
chance to have input into a G7 meeting later in the year. The visit is a build up to the Pacific Island Summit planned for April 2000 in Tokyo. The NUS has taken an active role in encouraging open discussions of the public issues in Samoa.

Habitat for Humanity Samoa has been formed as part of the international organisation which usually  reminds people around the world of the Former US President Carter in overalls and hammer helping out with the community housing projects. The president of the Samoan chapter of the organisation is Ms Kilali Alailima. The organisation is keen to recruit and canvass financial support to kick start its programmes in Samoa.

Following the rapid increase in the number of fishermen who have lost their lives in the last 5 years, a new design of the popular alia fishing boat has been completed with a model  built for launching in April 2000.This alia will allow the fishermen to have more safety as they go out to 

The controversy over the top level domain name for American Samoa dot-as has been brewing. Joseph Matua who has been developing web sites out the US mainland is alleged to have the exclusive right to sell and control the domain name. At a time in which the American Samoa government is keen to find new revenue sources, the outcome of the probe by the American Samoa Economic Development Committee  is being closely watched.

Register .ws domain name

Click above and register a Samoan domain name

The long awaited trade and business directory by the Trade Commerce and industry Dept has been released. Whilst it has tried to be comprehensive in its coverage, the directory is popular for the a number of major omissions and  misclassifications.

Computer Works Samoa Ltd today announced that effective 16 January 2000, Junior Sinclair has been promoted to head the computer division, Advanced Computer Solutions (ACS) . Junior Sinclair and Dominic Chan Mow have formed a strong technical team which the company is confident will improve their servicing of clients.

New IT opportunities will be generated with the finalisation of the cooperative agreements between the two Samoas to share their IT infrastructure. Major improvements are now expected in the educational and health areas.

The Samoa companies legislation is now a top priority for redrafting by the Government following a recent study undertaken by KVAConsult and David Goddard to review the legal and regulatory environment of the corporate sector in Samoa.

 

 

 

 

 

Nonu juice production has picked up in Samoa involving a number "garage" labs. After a rush in 1997 when the nonu first became a possible income earner for the villagers, the industry almost came to a standstill in recent years when the exporters had payment problems with the overseas buyers. The trend now is to produce the juice locally and sell them locally and export some.

Faamati has as usual led to  the Apia businesses enjoying brisk sales this month. The faamati provides an opportunity for the congregation to repair, furnish and upgrade the residence of pastor in the EFKS church. Since first introduced by the missionaries, this faamati tradition has become a major event over the years with the congregations of the EFKS. In keeping with modernisation the faamati has now expanded to include the  supply  of modern house amenities and in some cases, vehicles for the pastors.


Samoa will be linked to Wall Street if ADB has its way An Asian Development Bank team is Apia to look at the possibility of promoting a regional stock exchange market  If established the stock exchange will make it easier for Samoans overseas to buy and sell shares of companies in Samoa and other neighboring countries. Fiji and PNG are the only Pacific Island countries with small stock exchanges. The regional stock exchange idea which has been around for sometime could become a reality if the ADB decides to play a supportive role to the private sector players already in the market. 

The funeral of former Chief Immigration Officer, Suisala Tuipoloa took place yesterday at Lalovaea. Suisala Tuipoloa was a prominent Government Official of the Prime Minister's Department, before he was charged for an alleged irregularity relating to the sale of passports. Suisala Tuipoloa in his quiet and  friendly manner was active in a number of community organisations. As an enthusiastic person at the local gyms he became one of the pioneers the bodybuilding association in Samoa..

Samoa now has a range of training 
courses to keep up with the latest computer and cyberspace software. An announcement was made today by the ACS-St Joseph's computer school of their 2000 programme. Starting from March, the ACS-St Joseph's Computer School at Alafua will offer classes for children on Saturdays which will teach children how the computers could be used to help them in their research for their school projects. For adults, ACS is also planning to launch a Business Management course targeting CEO assistants and secretaries by focusing on the practical application of computers to business planning and management. ACS will also continue to offer an NZQA Computer level 2 Certificate which is popular with those wanting a recognised qualification to help them secure jobs in NZ. The overseas based Samoans will be  targeted to support the sponsorship of their relatives for ACS-St Josephs courses in Samoa to acquire recognised special skills before they seek work overseas. ACS could be contacted by e-mail

ANZ has purchased the Amerika Samoa Bank which will further consolidate its position as the main banker in the Pacific region. This will further facilitate trade between the two Samoas where ANZ is active

A Samoan translation service on the internet has now been opened by Noumea Simi out of Apia. Noumea Simi currently does this translation service part-time in the evenings after her busy work at the Ministry of Foreign Affairs. Noumea Simi said that the translation service started when she asked by various people and organisations to translate documents from English to Samoan and vice versa. The internet connections have now allowed her to cater for a wider market.

Samoa Communications Ltd showed the benefits of having a commercially oriented organisation when it introduced for the first time discounted international call rates during Xmas and New Year
Samoa Communications Ltd is finalising its arrangements for the appointment of its first CEO.The interviews were undertaken in NZ during December 1999.

CP Training a specialised trainig and consultancy firm led by Maiava Visekota Peteru is leading the preparations for a training workshop[ on Strategic Planning For Women NGOs during February 2000. The training workshop is being sponsored by NZODA

Intellectual property rights are likely to be increasingly debated in the Samoan business community as the level of awareness is raised by the high profile case on the Millennium logo continues in Apia.

The Samoan Manufacturing Assoc. is still looking  for recruitment of a CEO to implement its strategic plan completed in early 1999.

Hinauri Petana has been appointed as the Financial Secretary. Miss Petana has had extensive experience in the domestic and international financial work. She becomes the first woman to hold this highest financial advisory post in Government.
In another area,
Samau Etuale Sefo has been reappointed as the CEO for the Samoan Airport Authority