AGP Executive Report
Last update: 2 hours agoEducation and Skills: Malaysia’s EMGS says more than 1,000 scholarship placements for international students have been offered through partnerships that include Timor-Leste; 555 scholarships had been facilitated by 2025. Limestone Investment: Estrella Resources’ study puts the proposed Werumata mine and port’s after-tax value at US$1.45 billion. The company is targeting a 2027 investment decision, with initial production potentially in 2028. Regional Energy Security: Timor-Leste is considering joining an ASEAN oil-products stockpiling scheme planned for 2027, which would let members access fuel held in other countries during emergencies. Offshore Development: Finder Energy has delayed its final investment decision on the offshore KTJ project until November 30. Singapore’s PaxOcean is reportedly the leading bidder to refurbish its production vessel. Korea Partnership: South Korea has agreed to support Timor-Leste’s economic and social development, alongside a broader partnership and a new high-level diplomatic channel. ASEAN Integration: Leaders meeting in Manila are expected to discuss Timor-Leste’s integration as a full member and its ambition to chair the bloc by 2029.
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