Timor-Leste

BNU and ICBC (Macau) jointly promote business between China and the Portuguese-speaking countries

29 April 2020

The Banco Nacional Ultramarino bank and the Industrial and Commercial Bank of China (Macau) signed a memorandum of understanding for the joint promotion of business between China and the Portuguese-speaking countries, according to a statement issued by the issuing bank.

No date set for 6th Ministerial Conference of Forum Macau

28 April 2020

The date to hold the 6th Ministerial Conference of the Forum for Economic and Trade Cooperation between China and the Portuguese Speaking Countries has yet to be set, the Secretary for Economy and Finance of the Government of Macau said on Monday.

Covid-19 forces postponement of test well drilling in Timor-Leste

23 April 2020

The restrictions imposed on the movement of people due to the Covid-19 pandemic has forced Timor Resources to temporarily suspend test drilling in the south of Timor-Leste, the company’s director of operations told Timorese news agency Tatoli.

Hengqin Island has a role to play in China’s relationship with Portuguese-speaking countries

21 April 2020

The island of Hengqin will contribute to solving the problem of lack of space and resources in Macau, allowing it to better perform its role as a platform between China and Portuguese-speaking countries, the Macau government said in the 2020 Lines of Government Action.

Trade between China and Portuguese-speaking countries falls 9.37% in first two months of the year

17 April 2020

The value of trade between China and the Portuguese-speaking countries posted a drop of 9.37% year-on-year in January and February to US$21.374 billion, according to official Chinese figures released by Forum Macau.

Portuguese-speaking countries look to respond to Covid-19 pandemic

27 March 2020

The parliament of Timor-Leste on Thursday unanimously approved the declaration of a state of emergency in the country, which is expected to be in place for a month, from Saturday 28 March, a measure adopted in response to the Covid-19 pandemic.

Guinea-Bissau and São Tomé and Principe have no known cases of Covid-19

23 March 2020

Guinea-Bissau and São Tomé and Príncipe seem to be the only Portuguese-speaking countries in which to date there have been no cases of Covid-19, according to the most recent data compiled by the Johns Hopkins University in the USA.

Citizens of the United States prevented from entering Angola, Mozambique, São Tomé and Príncipe and Timor-Leste

16 March 2020

The government of Angola is keeping the ban on the entry of foreign nationals from China, the epicentre of the new coronavirus, South Korea, Japan and Italy, but may extend or reduce this list based on the evolution of the pandemic, said the Secretary of State for Public Health, Franco Mufinda.

Government of Timor-Leste considers withdrawing US$250 million from Oil Fund

11 March 2020

The Government of Timor-Leste on Wednesday in Dili plans to discuss the withdrawal of US$250 million from the country’s Oil Fund to strengthen the treasury account, said on Tuesday the interim Minister of Finance, Sara Lobo Brites, in statements to the press.

Trade between China and Portuguese-speaking countries grows by 1.55% in 2019

28 February 2020

The value of trade between China and the Portuguese-speaking countries grew 1.55% year-on-year in 2019 to US$149.639 billion, according to official Chinese figures released by Forum Macau.

BNU Timor has biggest share of deposits in Timor Leste in 2019

17 February 2020

Banco Nacional Ultramarino (BNU) was the bank in Timor Leste with the largest share of deposits in 2019, with a market share of 37%, and the third in the granting of loans, according to the consolidated balance sheets of five banks that operate in the country.

Forum Macau analyses report on its 15 years of activity

22 January 2020

Forum Macau has analysed the report prepared by the Chinese Academy of Social Sciences on the activities of the institution in its 15 years of existence, according to information from the Support Office of the Permanent Secretariat of Forum Macau.

CPLP announces new funding to support Mozambique

17 January 2020

The Community of Portuguese Speaking Countries (CPLP) will help the reconstruction of areas of Mozambique affected by cyclones in 2019 with funding of €888,600, with funding totalling €1.26 million, said the organisation in a statement.

Diplomat from São Tomé and Príncipe chosen as director-general of the CPLP

10 January 2020

São Tomé diplomat Armindo Brito Fernandes, 58 years old and a law graduate, will be the new director-general of the Community of Portuguese Speaking Countries (CPLP), taking on the position next February for a term of three years, announced the embassy of São Tomé and Príncipe in Portugal.

Angola wants to facilitate movement within the Community of Portuguese Speaking Countries

8 January 2020

The government of Angola expects that the progress made in the technical discussions can make the issue of movement within the Community of Portuguese Speaking Countries (CPLP) less complex, the Angolan Minister for Foreign Affairs said on Monday in Lisbon.

Angola opens embassy in Timor-Leste

30 December 2019

Angola will have an embassy in Timor-Leste, a move that is intended to boost Angola's relations with other members of the Community of Portuguese-speaking Countries (CPLC), said Angola’s Minister for Foreign Relations.

Establishment of Forum Macau has allowed for exponential growth of trade between the member countries

26 December 2019

The value of trade between China and the Portuguese-speaking countries has increased 12-fold since the creation of the Forum for Economic and trade cooperation between China and the Portuguese-speaking Countries (Macau), in 2003, said the secretary-general of the Permanent Office, Xu Yingzhen, in statements to the Tribuna de Macau newspaper.

Trade between China and Portuguese-speaking countries exceeds US$108 billion in the first nine months

20 December 2019

The value of trade between China and the Portuguese-speaking countries remained practically unchanged year-on-year from January to September 2019, rising by 0.05% to US$108.984 billion, according to official Chinese figures released by Forum Macau.

Cabo Verde proposes that official documents be reciprocally recognised in Portuguese-speaking countries

26 November 2019

The Prime Minister of Cabo Verde proposed that documents issued by a Member State of the Community of Portuguese-Speaking Countries (CPLP) no longer need legalisation for presentation in another Member State, as he addressed the opening of the 16th Conference of Ministers of Justice of the Portuguese-Speaking Countries.

Chief Executive of Macau presents a review of government activity

13 November 2019

The Chief Executive of Macau said that 2019 marks the end of a ten-year governance phase for himself and his team, on Tuesday when he presented a review of government action for 2019 to the Legislative Assembly.

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