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Timor-Leste

Loans from China to Portuguese-speaking countries processed in Macau

31 May 2019
A loan worth more than 10 billion yuan (US$1.45 billion) granted by China to a Portuguese-speaking country was processed in Macau in 2018, the Secretary for Economy and Finance said on Thursday.

Angola, São Tomé and Príncipe and Timor-Leste attend infrastructure forum in Macau

28 May 2019
More than 50 government officials from some 40 countries and regions, including Angola, São Tomé and Príncipe and Timor-Leste, are due to participate this year in the 10th International Forum on Infrastructure Investment and Construction, officials said in Macau.

Cabo Verde calls for the creation of development bank of the Community of Portuguese Speaking Countries

27 May 2019
The proposal to create a development bank for the Community of Portuguese Speaking Countries (CPLP) may be discussed by the organisation's member states in July, the Cape Verdean deputy prime minister said on Saturday in Lisbon.

Trade between China and Portuguese-speaking countries increases by 11.62% in the first quarter

15 May 2019
Trade between China and the Portuguese-speaking countries grew 11.62% in the period from January to March 2019 to US$33.696 billion, according to official Chinese figures released by Forum Macau.

Timor-Leste state company seeks funding under the China Belt and Road initiative

14 May 2019
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.

Timor-Leste’s non-oil economy expected to stagnate in 2018, IMF says

9 May 2019
Timor-Leste's non-oil economy is expected to have virtually stagnated in 2018, with a growth rate close to 0.8%, after contracting by 4.5% in 2017 due to political and economic uncertainties, the International Monetary Fund (IMF) has said.

Forum Macau wants more tourist cooperation with Portuguese-speaking countries

7 May 2019
Boosting exchange and cooperation in the areas of tourism, conventions and exhibitions is a key task in the framework of Forum Macau, the Secretary-General of Forum Macau said on Monday.

Chinese company builds a port in southern Timor-Leste

29 April 2019
The China Civil Engineering Construction Corporation will build a port in Beaço, in southern Timor-Leste, under a contract signed with oil giant Timor Gap, the company said in a market statement.

The Greater Bay Area is a challenge for Portuguese-speaking countries, says Forum Macau official

26 April 2019
The deputy secretary general of the Forum for Economic and Trade Cooperation between China and Portuguese-speaking Countries, Rodrigo Brum said on Thursday that Macau's role in the Greater Bay Area (GBA) is, among other things, to be the link to Portuguese-speaking countries.

Supporting Office to the Permanent Secretariat of Forum Macau may become a Services Directorate

17 April 2019
The Macau government is considering a proposal to transform the Supporting Office to the Permanent Secretariat of Forum Macau into a Services Directorate, Teresa Mok, the Office's coordinator, said on Tuesday.

Timor-Leste takes control of the Greater Sunrise project

16 April 2019
An official delegation from Timor-Leste is signing a US$650 million purchase agreement in Singapore for two holdings that will give oil company Timor Gap a controlling stake in the Greater Sunrise consortium, according to official information.

Trade between China and Portuguese-speaking countries up 15.61% in January/February 2019

15 April 2019
The value of trade between China and the Portuguese-speaking countries reached US$23.583 billion in January/February 2019, an increase of 15.61% year-on-year, according to official Chinese figures released by Forum Macau.

São Tomé and Príncipe welcomes 300 entrepreneurs to an international meeting in July

8 April 2019
About 300 entrepreneurs are expected to head to São Tomé and Príncipe to attend the 14th business meeting for economic cooperation between China and the Portuguese-speaking countries next July, the organising committee said.

Greater Bay Area on Forum Macau agenda for 2019

28 March 2019
Forum Macau unanimously approved the work plan for 2019, which clearly states the need to increase cooperation with the Guangdong-Hong Kong-Macau Greater Bay Area (GBA).

Portugal and Timor-Leste sign new Strategic Cooperation Programme in July

22 March 2019
Portugal and Timor-Leste are due in July to sign a new Strategic Cooperation Programme (PEC) valid for the 2019/2022 period, according to a statement released after the meeting of the Council of Ministers of 20 March.

Portuguese-speaking countries showcased at Macau market

18 March 2019
A market focused on products from Portuguese-speaking countries and from Macau is due to be held on the Macau peninsula between 29 and 31 March, according to the Macau Trade and Investment Promotion Institute.

Timor-Leste plans to fund Greater Sunrise without resorting to Oil Fund

11 March 2019
Timor-Leste intends to fund development of the Greater Sunrise oil field project without using the funds in the country's Oil Fund, said Timor Gap chairman and CEO Francisco Monteiro.

Consortium wants a fourth telecom operator license in Timor-Leste

21 February 2019
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.

Japan funds modernisation of airport in capital of Timor-Leste

14 February 2019
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.

Trade between China and Portuguese-speaking countries increases 25% in 2018 to US$147.354 billion

31 January 2019
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.
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