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AGP Executive Report

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Offshore Energy & Infrastructure: Fugro won a contract to run deepwater site characterization surveys for Timor-Leste’s Greater Sunrise and Bayu Undan gas developments, using geophysical, seismic and autonomous underwater vehicle work in waters over 3,000 meters; mobilization is set for Q3 2026 and offshore operations for Q4, with about a three-month campaign. Financial System Reform: Timor-Leste’s National Parliament approved the General Framework for the Financial System and Banking Activities, updating the 2000 legal regime and strengthening the Central Bank’s supervision and enforcement, creating a Resolution Fund and Deposit Insurance Fund, and adding a development bank framework plus tighter anti–money laundering and consumer protection rules. ASEAN Integration & Diplomacy: Vietnam inaugurated its fully operational embassy office in Dili, positioning it as a bridge for cooperation and support as Timor-Leste advances its ASEAN integration. Regional Business Links: Timorese workers are being added to New Zealand’s Recognised Seasonal Employer scheme for orchard and vineyard work, reflecting growing labor and skills ties that can feed household income back home. Scam Crackdown: Timor-Leste police say they have dismantled a major international scam operation in Dili, arresting hundreds of call-centre workers and charging them over alleged money laundering, criminal association and illegal online gaming.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 25, 2026

Timor-Leste sees ASEAN accession as growth turning point

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Influential Women honors Shara Patricia Ciravolo Fesser for global enterprise leadership

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Influential Women spotlights energy executive Shara Patricia Ciravolo Fesser

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Jun. 18, 2026

DaVinci Gourmet dünya finalinde şampiyonu Bangkok’ta seçti

AGP


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Jul. 15, 2026

National Parliament Approves the General Framework for the Financial System and Banking Activities

Government of Timor-Leste

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Jul. 1, 2026

Government of Timor-Leste welcomes Official Visit by His Excellency Mr Lawrence Wong, Prime Minister and Minister for Finance of the Republic of Singapore

Government of Timor-Leste

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Jun. 25, 2026

Timor-Leste positions for growth as ASEAN accession marks strategic turning point

EIN Presswire

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Jun. 24, 2026

Timor-Leste Presents Social Inclusion Policies at the Conference of the States Parties to the Convention on the Rights of Persons with Disabilities

Government of Timor-Leste

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Jul. 6, 2026

LDC trade, partnerships, trade for development initiatives explored in Development Week

World Trade Organization

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Jun. 8, 2026

Timor-Leste Celebrates National Sea Day and Ocean Week 2026

Government of Timor-Leste

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