Business

"Friends of everybody, enemies of No One": Ramos-Horta courts Global Investors in Singapore

SINGAPORE (TOP) — President José Manuel Ramos-Horta accompanied by the Vice-Prime Minister for Economic Affairs and the Minister of Tourism and the Environment, Francisco Kalbuadi Lay spent three ...

EMG-MRT Ilimanu invests $51 million to start mining Manatuto marble

DILI (TOP) - Elegant Marble Group, Limited (51%) and Murak Rai Timor, E.P. (49%) or EMG-MRT Ilimanu, Lda decided to invest $51 million to mine marble in Ilimanu, ...

Vice-PM presents 2027 budget priorities for election preparation and ICC sustainability

DILI (TOP) - Vice-Prime-Minister for Economic Affairs, and Minister of Tourism and Environment, Francisco Kalbuadi Lay, has held a budget presentation for 2027 in the Budget Review Committee (KRO) ...

Petroleum fund increased by US$ 122.6 million in the second quarter

DILI (TOP) - The Quarterly Report of the Petroleum Fund of Timor-Leste from the Central Bank of Timor-Leste (BCTL) revealed that the balance of the Petroleum Fund increased to US$ 122.6 million, ...

The government has launched Timor-Leste's commercial cable service as a state-owned enterprise

DILI (TOP) - Prime Minister Kay Rala Xanana Gusmão accompanied by members of the government has held the official launch of the commercial cable service Timor-Leste, Public Company, (CTL, ...

Timor-Leste launches ICC development project in preparation for hosting the 2029 ASEAN Summit

DILI (TOP) - Timor-Leste's government has launched an international convention development project in preparation for hosting the ASEAN Summit in ...

ADB to mobilize $30 billion by 2030 to support ASEAN countries

CEBU (TOP) - The Asian Development Bank (ADB) today announced it will mobilize $30 billion by 2030 to help the Association of Southeast Asian Nations (ASEAN) advance long-term development ...

TIMOR GAP and ENI formalize JOA to advance Timor-Leste’s energy sovereignty

DILI (TOP) - Italian energy major Eni and Timor‑Leste’s national oil company TIMOR GAP have formally signed the Joint Operating Agreement (JOA) governing offshore Block TL‑SO‑22‑23, ...

Economic Watch: China's economy maintains steady recovery momentum with strong vitality, resilience

DILI (TOP) - hina's economy posted a steady recovery in the first four months of 2026, with key indicators rebounding and new growth drivers gaining momentum as macroeconomic policies continued to ...

China is an important partner for the economic development of TL

BEIJING (TOP) - Vice-Prime Minister and Coordinating Minister for Economic Affairs, Minister of Tourism and Environment, Francisco Kalbuadi Lay said, the People's Republic of China remains an ...

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