AGP Executive Report
Last update: 4 hours agoInvestment Ties: Indonesia and Timor-Leste signed a bilateral investment treaty to ease regulations and encourage cross-border investment. About 120 Indonesian companies already operate in Timor-Leste, while bilateral trade includes Indonesian vehicles and processed goods and Timorese coffee and spices. Resource Development: Estrella Resources upgraded 274 million tonnes of limestone at its Werumata project to the higher-confidence indicated category, bringing the total resource to 533 million tonnes as it prepares a scoping study. Digital Economy: Timor-Leste is preparing to join ASEAN’s digital economy framework, with work underway on customs links, electronic payments and legal rules—steps intended to help local firms reach regional markets. Growth Outlook: The IMF projects Timor-Leste’s economy will grow 4% in 2026.
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