AGP Executive Report
Last update: 7 hours agoMining: Estrella Resources has begun the first drilling at Timor-Leste’s Laleno Dome copper-gold prospect, with a 2,650-metre programme planned. The company has also secured a sale of 27,000 tonnes of manganese, adding to the country’s mineral-export prospects. China Investment: Chinese investment, trade and job creation are helping modernise Timor-Leste, though questions remain about the risks of growing dependence. Business Reform: The government is moving towards mandatory electronic payments for business activities, while employers, workers and officials have set priorities to strengthen the National Labour Council and social dialogue. Energy: Woodside’s exit leaves Timor-Leste seeking a new partner to develop the Greater Sunrise gas project. Tourism: Marriott is expanding its development pipeline in the country, a sign of continued investor interest in hospitality.
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