Business ventures

Samoa govt raises alarm over unapproved overseas business ventures

They include a so-called a Samoa Stock Exchange, a Samoa Digital Asset Exchange and an Oceania Special Economic Zone, all of which the government says it has not endorsed or approved.

"Despite what has been circulating on social media, the Government of Samoa confirms that it has not given any endorsement or approval of such an initiative," a statement from the Prime Minister's office said.

It said applications it has received regarding these initiatives were being reviewed and appraised by the relevant authorities.