AGP Executive Report
Last update: 8 hours agoRegional Haze: Southeast Asia’s meteorological centre has issued its highest alert as Indonesian wildfire smoke spreads across the region, disrupting daily life and forcing school closures in Timor-Leste. Mining: Estrella Resources won approval to start its first drilling campaign at Timor-Leste’s Laleno Dome, with work expected to begin next week to test for copper-gold deposits. Trade and Investment: Timor-Leste and Indonesia are seeking broader market access and business links after signing an investment treaty; bilateral trade reached US$423.63 million in 2025, about 76% of Timor-Leste’s trade with ASEAN. Oil and Gas: Finder Energy contracted the Hakuryu-5 rig for three development wells at its offshore Kuda Tasi and Jahal project, with drilling planned for December 2027, subject to approvals. Digital Economy: Timor-Leste is accelerating its participation in ASEAN’s digital economic framework, opening the way for closer regional integration.
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