AGP Executive Report
Last update: 7 hours agoASEAN Business Agenda: Timor-Leste heads to the Manila summit as leaders prepare to discuss digital trade, energy security and regional supply chains. A proposed 2027 oil-stockpiling scheme could include Timor-Leste, though participation is still under consideration. Investment Drive: Dili is courting Malaysian investment in agriculture, agro-processing, tourism, infrastructure, energy, manufacturing and digital services. Foreign Minister Bendito dos Santos Freitas also wants closer education and skills links, and cooperation between Malaysian banks and Timor-Leste’s National Development Bank. Limestone Project: Estrella Resources’ study projects a US$1.45 billion after-tax value for its Werumata project, based on a large-scale mine and port. The company is targeting a 2027 investment decision, with first production potentially in 2028; the figures are projections, not a final commitment to build.
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