Search Results for: east timor
The International Monetary Fund (IMF) has revised its forecasts for the economy of Timor-Leste (East Timor) and projects that non-oil GDP in 2018 could grow by 0.8% this year.
Trade between China and the Portuguese-speaking countries grew 21.50% on year from January to July 2018 to reach US$82.149 billion, according to official Chinese figures released by Forum Macau.
ConocoPhillips has sold to the East Timorese government its 30% stake in the Greater Sunrise oil fields for US$350 million, the Houston-based oil company said.
China and the Portuguese-speaking countries should take full advantage of the Macau platform, said the Secretary-General of the Permanent Secretariat of Forum Macau, who called for cooperation in the area of traditional Chinese medicine.
Trade between China and Portuguese-speaking countries reached US$82.49 million from January to July 2018, a year-on-year increase of 21.50%, according to official Chinese figures released by Forum Macau.
The few air links that serve Timor-Leste (East Timor) are the main obstacle to the growth of the tourism sector in the country, according to an article published in the China-Lusophone Brief (CLBrief), a news service on China and the Portuguese-speaking countries.
The Timor-Leste (East Timor) government wants the country’s economy to grow at an average rate of over 7.0% and the unemployment rate to be less than 10% over the next five years, according to the government programme, which will be discussed this Wednesday in parliament.
Entrepreneurs want the subject of the economy to become a greater focus within the Community of Portuguese-Speaking Countries (CPLP) and allow them to take up room as economic leaders, the president of the CPLP Business Confederation (CE-CPLP) Jorge Carlos Fonseca, said during a hearing granted by the President of Cabo Verde.
The sixth ministerial meeting of Forum Macau, which had been scheduled for 2019, will be delayed until 2020, according to diplomatic sources linked to the institution.
Collective companies and limited partnerships will cease to exist in Timor-Leste (East Timor) as of 14 September 2018 and will be required to decide whether to be transformed into a limited liability company or a joint stock company under Law No. 10/2017 of 17 May, which approved the new Companies Law.
The government of Cabo Verde presented the website and logo of the Cabo Verde summit and presidency of the Community of Portuguese Speaking Countries (CPLP), which will take place in July on the island of Sal, in a meeting with the press on Friday in Praia.
The Legis-PALOP legal database, an electronic platform that brings together legislation, jurisprudence and tenets from Angola, Cabo Verde (Cape Verde), Guinea-Bissau, Mozambique and São Tomé and Príncipe, will now include the legal system of Timor-Leste (East Timor), to be called Legis-PALOP+TL, according to an official statement.
The first Economic Conference of the Market of the Community of Portuguese Speaking Countries (CPLP) begins on Wednesday in Maputo, Mozambique, with the participation of about 350 people, including entrepreneurs, representatives of business associations, public foreign trade bodies, heads of state and members of the government of the CPLP countries, according to the organising body.
Angola is the Portuguese-speaking country with the biggest percentage of its active population working in the informal economy, with a rate of 94%, according to a report recently released in Geneva by the International Labor Organization (ILO).
Co-operation in the tourism sector with benefits for both sides was the basis for the signing of a memorandum of understanding between the Macau Government Tourism Office (MGTO) and the Ministry of Finance, Commerce and the Blue Economy of São Tomé and Príncipe, the MGTO said in a statement released on Friday.
A three-day visit to Cabo Verde (Cape Verde) aims to carry out a local assessment of the performance of Forum Macau over its 15 years of existence and to gather inputs for future actions, said the head of the Institute of World Economics and Politics of the Academy of Social Sciences of China, Yao Zhizhong.
Trade between China and the Portuguese-speaking countries in January/February totalled US$20.4 billion, or an increase of 37.43% over the same period of 2017, according to official Chinese figures released by Forum Macau.
The growing interest of countries such as South Korea in the status of observer to the Community of Portuguese Speaking Countries (CPLP) shows the economic potential of the organisation without language being the central priority, the secretary general Maria do Carmo Silveira said on Wednesday in London.
Angola’s Foreigner and Migration Service (SME) has already set up five counters at Luanda International Airport, which, as of the end of this month, will issue tourist visas to citizens of 61 countries upon entry into Angolan territory, the director general of the SME announced on Tuesday in Luanda.
Delegations from Forum Macau will travel to Angola, Brazil, Cabo Verde (Cape Verde), Guinea Bissau, Mozambique, Portugal, Sao Tome and Principe and Timor-Leste (East Timor) this year under the institutions programme of activities for 2018, with a view to strengthening relations and exploring ways of further disseminating the institution’s objectives.