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Timor-Leste
31 December 2019

CHEC starts work on Timorese port
Work has begun on building the new deepwater port of Tibar in Timor-Leste. China Harbor Engineering Company (CHEC) is developing the US$490 million project, which will be operated by French firm Bolloré.
China
08 October 2019

Celebration but economic fears for Timor-Leste
On 30 August, Timor-Leste celebrated the 20th anniversary of the referendum that eventually led to independence from Indonesia in 2002. Despite the national pride generated by the occasion, the country is still struggling to stabilise the economy and reduce poverty levels.
Timor-Leste
17 May 2019

Dili takes control of Greater Sunrise
In April, the government of Timor-Leste completed the purchase of the 30% and 26.56% stakes held in the Greater Sunrise gas and condensate scheme held by ConocoPhillips and Shell respectively.
Timor-Leste
10 May 2019

Timor-Leste bets on SMEs to diversify its economy
Facing a slump in its economic engine - oil production - Timor-Leste is also in urgent need to diversify its economy and generate jobs for the country’s youth, and is betting on small and medium enterprises to assist.
Timor-Leste
28 December 2018

Dili takes control of Greater Sunrise project in huge gamble
The fate of the Greater Sunrise gas project in Timor-Leste hangs in the balance after two of the main investors pulled out, selling their equity shares to the government of Timor-Leste. This gives Dili much greater control of the scheme, allowing it to demand that the planned liquefied natural gas (LNG) plant is built on its territory rather than in Australia.
Timor-Leste
02 October 2018

A defining moment for Timor-Leste
Asia’s newest country stands at the economic crossroads. The development of the Greater Sunrise oil and gas project looks more likely to proceed than at any time for a decade but is still not guaranteed. In the meantime, existing gas fields are being run down, while the government has few long term options to generate more income and could easily be toppled by political infighting.
Timor-Leste
09 August 2018

Dili seeks the tourist dollar
The new prime minister – and former president – of Timor-Leste, Jose Maria de Vasconcelos ( Taur Matan Ruak), has pledged to promote tourism in order to strengthen the economy.
Timor-Leste
30 April 2018

Greater Sunrise at last?
After more than a decade of dispute, on 6 March the governments of Timor-Leste and Australia finally put pen to paper on an agreement to delimit their common maritime boundary.
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