18 January 2017
11 January 2017
11 January 2017
11 January 2017
Australia and Timor-Leste are engaged in the conciliation process to resolve disagreements between the two countries on boundaries in the Timor Sea, according to a joint statement issued by the two countries and the UN Conciliation Commission. The joint statement added that from 10 to 13 October 2016, the governments of both countries took part in a number of meetings convened by the Conciliation Commission, the parties agreed a set of measures to facilitate the process of reconciliation and to reach a permanent agreement on maritime boundaries in the Timor Sea.
10 January 2017
Air Timor, which from Tuesday suspended its flights between Dili and Denpasar (Bali), has blamed the government of Timor-Leste for decisions that led to it losing US$3 million in 2016, the company said in statement in the Timorese capital. Specifically, the company said in a statement, the decision to grant a license to a third party to fly to Dili led to overcapacity on the route, occupancy rates of less than 50% and consequent daily losses of US$10,000.
9 January 2017
9 January 2017
30 December 2016
The Special Exhibition of Food Products from Portuguese Speaking Countries will remain open until 30 June, 2017 in order to allow more people and traders to get to know those products, said the Macau Trade and Investment Promotion Institute (IPIM), the exhibition's organiser. The Special Exhibition of Food Products from Portuguese Speaking Countries includes a variety of wines, canned foods, processed foods, spices, coffee, tea, milk, juices and other food products especially selected from Angola, Brazil, Cabo Verde (Cape Verde), Guinea-Bissau, Mozambique, Portugal and Timor-Leste (East Timor).
28 December 2016
15 December 2016
Brazilian operator Oi said it had requested legal permission to sell its stake in Timor Telecom to the Investel Communications Limited group owned by Timorese businessman Abilio Araújo, for US$62 million. In a press release, the company - which is in bankruptcy protection - filed the request with a Rio de Janeiro district court to sell the asset.
7 December 2016
The projects of the African Portuguese Speaking Countries and Timor-Leste (PALOP-TL) financed by the European Union will be finalised on Thursday and Friday during technical meetings held in Praia, the capital of Cabo Verde (Cape Verde). The ministerial meeting on Friday, which will assess the projects to be financed by the 11th European Development Fund, with the participation of the Director General for International Cooperation and Development of the European Commission, Stefano Manservisi.
28 November 2016
The Coffee Festival of Timor-Leste, which aims to select the best coffee and the best cocktail made with this product, will run until 3 December, as part of an event open to farmers and groups of associated farmers. The festival was organised by the Timor-Leste Coffee Association (ACTL) and will include the country's first coffee tasting competition, with professional judges from Australia, Canada, Mexico, Thailand and the United States, Portuguese news agency Lusa reported.
14 November 2016
9 November 2016
Economic activity in Timor-Leste (East Timor) is expanding at a "satisfactory" pace "satisfactory" that is expected to continue in 2017, said the International Monetary Fund (IMF) in a statement released on Monday in Washington. The IMF said, however, that Timorese economic development in the medium term will depends on the ability to diversify, given that most of the oil wells currently in operation are expected to be exhausted by 2020.
7 November 2016
Cristina Morais term as coordinator of the Support Office to the Permanent Secretariat of the Forum for Economic and Trade Cooperation between China and Portuguese Speaking Countries ended on 2 November, according to an order of the Macau Secretary for Economy and Finance. The order from Secretary Leong Vai Tac appoints Cristina Morais for a period of one year to the post of head of the Department of External Economic Relations of the Macau Economic Office, with effect from 3 November.
28 October 2016
Trade between China and Portuguese-speaking countries fell 11.22% in the first eight months of the year compared to the same period of 2015, according to figures from the Chinese Customs Services, released by the Forum for Economic and Trade Cooperation between China and the Portuguese-speaking Countries (Macau Forum). According to official statistics the trade between China and Portuguese-speaking countries in the first eight months of the year reached US$60.23 billion.
19 October 2016
14 October 2016
Timor-Leste (East Timor) is expected to grant a license for fishing in its territorial waters to Chinese company Zhoushan Ningtai Ocean Fisheries Co., following the support provided by bilingual staff and professional services of the Macau Platform, reported the Macau Institute for Trade and Investment Promotion (IPIM).
13 October 2016
12 October 2016