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China is keen to increase cooperation with Timor-Leste in the petrochemical, agriculture and fisheries sectors, said Chinese Foreign Minister Wang Yi in Bangkok during a meeting with his East Timorese counterpart, Chinese state news agency Xinhua reported.
Art has been around for at least 10,000 years. It has taken many forms, from paintings on cave walls to dead sheep suspended in formaldehyde. But, whatever the medium, age and location, one thing is for sure: you can tell a lot about a culture when you look at its art. As the late anthropologist Claude Lévi-Strauss said, objects matter.
The São Tomé and Príncipe government intends to raise investment for the country during a business meeting that starts on Monday, with the participation of at least 150 potential investors, said the director of the Promotion, Trade and Investment Agency (APCI).
Portugal will support Timor-Leste with 70 million euros under the 2019-2023 Strategic Cooperation Programme (PEC), signed on Tuesday in Lisbon by Timor-Leste’s Foreign Minister Dionisio Babo Soares and by Teresa Ribeiro, Secretary of State for Foreign Affairs and Cooperation of Portugal, the Portuguese press reported.
The governments of Timor-Leste and Australia intend to conclude ratification of the Permanent Maritime Boundary Treaty between the two countries on 30 August, Portuguese news agency Lusa reported quoting officials.
Timor Gap is negotiating with China to provide financing for the construction of the new port of Beaço, a facility that is part of the Greater Sunrise project, said the chairman of the state oil company.
Most international attention on Timor-Leste is directed at the fortunes of the Greater Sunrise hydrocarbon project but another sector has the ability to affect Timorese lives more directly. Coffee accounts for 90 percent of the country’s non-oil and gas export revenues but has the potential to play a much bigger role in rural development. Yet … Continue reading “Challenges but huge potential for Timorese coffee”
Timorese consortium Ceslink has submitted a proposal to obtain a license as a telecommunications operator in Timor-Leste to the Dili government involving an estimated investment of US$21 million, according to Portuguese news agency Lusa.
Mozambique has exceeded expectations in terms of global connectivity, according to the latest ranking by multinational DHL, in which Timor-Leste was the only Portuguese-speaking country included to increase competitiveness compared with the previous year.
The Japanese government is due to grant a loan of US$45 million to Timor-Leste (East Timor) next May for the refurbishment of part of Nicolau Lobato Airport in Dili, the Japanese International Cooperation Agency (JICA) said in a statement.
The value of trade between China and the Portuguese-speaking countries reached US$147.354 billion in 2018, an increase of 25.31% year-on-year, according to official Chinese figures released by Forum Macau.
The growth rate of the Timor-Leste (East Timor) non-oil economy is expected to be around 5.0% by 2019, after two years of political uncertainties that have negatively affected economic activity, according to a forecast from a mission of the International Monetary Fund (IMF) that visited the country from 14 to 25 January.
The value of trade between China and the eight Portuguese-speaking countries totalled US$134.981 billion in the January-November 2018 period, a year-on-year increase of 25.27%, according to official Chinese figures released by Forum Macau.
Angola is expected to post economic growth of 2.9% in 2019, up 0.7 percentage points from the June 2018 forecast, the World Bank said on Wednesday.
The fate of the Greater Sunrise gas project in Timor-Leste hangs in the balance after two of the main investors pulled out, selling their equity shares to the government of Timor-Leste.
Timor-Leste’s (East Timor’s) first electronic banking system, developed by Portuguese company Sociedade Interbancaria de Serviços (SIBS), will initially be used by two of the country’s five commercial banks, the Central Bank of Timor-Leste (BCTL) reported.
The value of trade between China and the Portuguese-speaking countries reached US$108.928 billion from January to September, a year-on-year increase of 21.22%, according to official Chinese data released by Forum Macau.
The new executive secretary of the Community of Portuguese Speaking Countries (CPLP), Portugal’s Francisco Ribeiro Telles, is due to take office on Saturday in Lisbon, according to an official announcement.
The President of Timor-Leste (East Timor) has vetoed a set of amendments to the oil operations law focused on financing the purchase of two holdings in the Greater Sunrise field consortium, the President said in a statement.
A Pacific-white shrimp mariculture project to be developed in Timor-Leste (East Timor) by Chinese company Yuan Long Ping High-Tech Agriculture Co. Ltd. has the capacity to produce 40 tonnes of shrimp per year, according to the Permanent Office of Forum Macau.