DILI: Three organizations signed partnership agreements with the United States Agency for International Development’s (USAID) Tourism For All project Wednesday at a forum co-hosted by the U.S. Embassy and the Timor-Leste Secretary of State for Vocational Training and Employment.
DILI: The President of the Republic has delivered a clear warning to the ruling coalition government to “adopt more adequate public polices” and “execute them more rigorously,” or risk Timor-Leste’s economic security.
DILI: The president of National Parliament has argued that building a strong economy for Timor-Leste rests with developing the nation’s oil and gas sector and not its agricultural industry.
DILI: Findings from a macroeconomic report warn that the biggest risk to Timor-Leste’s economic growth outlook over the next 12 months is the nation’s on-going political instability.
DILI: The Ministry of Social Solidarity has made available 900 tonnes of subsidised rice for rice-growing farming families in districts where crops were destroyed last year, as national rice prices soar by up to 50 per cent.
DILI: Woodside Petroleum has flagged interest in investing in the offshore gas production part of the Greater Sunrise Joint venture in the Timor Sea but not the onshore gas plant, according to the Australian Pipeliner.
DILI: Business owner Oscar Lima has been reelected as president of the Chamber of Commerce Timor-Leste (CCI-TL), opening the way for him to lead the private business representative body until 2022.
DILI: Timor-Leste faces a period of greater unity amongst political parties after the government’s 2018 State Budget gained unanimous support in parliament on Friday, according to Prime Minister Taur Matan Ruak.
DILI: Dionesio Babo, the Minister for Foreign Trade and Cooperatives, has delivered a stark warning that some of Timor-Leste’s foreign-based embassies risk closure because of unpaid debts.
DILI: Oil has been discovered in four of the 12 onshore exploration wells in the south coast of Timor-Leste, according to Timor Resources Managing Director Suellen Osborne.
Dili: The Alliance for Change and Progress (AMP) government has secured USD$1.2 million to construct a heavy duty road from Dili to Tibar, a transport link it says is critical to improving the flow of goods in and out of the county.