Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on East Timor Business Daily.

ADB to Improve Climate Resilience and Rural Livelihoods in Timor-Leste
MANILA, PHILIPPINES (13 December 2024) — The Asian Development Bank (ADB) has approved a $6 million grant, as part of a total project cost of $16.6 million, to help improve climate resilience, water and food security, and livelihood opportunities...

VivoPower Provides Further Updates with Respect to Non-Binding US$180 Million Takeover Proposal and Business Unit Spin-Offs
VivoPower to remain listed on Nasdaq and spin-off Tembo and Caret Digital as part of a revised US$180 million takeover proposal Energi Holdings has amended takeover proposal to be a proportional offer to acquire 80% of the unaffiliated free float...

Timor-Leste Research Unlocks the Secrets to Boosting Sandalwood Growth
Dr. Domingos Gomes’ research reveals new insights into sandalwood cultivation, offering practical techniques to boost growth and sustainability in Timor-Leste. NEW YORK, NY, UNITED STATES, September 30, 2024 /EINPresswire.com/ -- A...

Vice-Prime Minister Francisco Kalbuadi Lay Presents Economic Priorities in New Edition of “Government Page”
Tue. 08 of April of 2025, 13:51h On the morning of April 8th, 2025, the Vice Prime-Minister, Coordinating Minister for Economic Affairs and Minister for Tourism and Environment, Francisco Kalbuadi Lay, took part in the recording of a new episode...

Timor-Leste Participates in ASEAN and East Asia Discussions on Energy and Sustainability
Thu. 03 of Outubro of 2024, 10:48h Timor-Leste participated in the 42nd ASEAN Ministers on Energy Meeting (AMEM) and the 18th East Asia Summit Energy Ministers Meeting (EAS EMM), held from 26-27 September in Vientiane, Laos. His Excellency...

Members look into bolstering support for trade policies, fast-tracking digital trade growth
The Organisation for Economic Co-operation and Development (OECD) noted that Aid-for-Trade disbursements reached USD 48 billion in 2023, representing a 5 per cent decrease from 2022. While most funds were channelled towards strengthening...

Timor-Leste At the 79th Session of the United Nations General Assembly
Wed. 18 of September of 2024, 08:43h Prime Minister Kay Rala Xanana Gusmão will lead the Timor-Leste delegation that will be in New York, in the United States of America (USA), from 22- 27 September 2024, where he will attend the Summit of the...

Members underscore continued focus on trade facilitation implementation and assistance
The TFA – which contains provisions for expediting the movement, release and clearance of goods, including goods in transit – is the first WTO agreement in which developing and LDC members can determine their own implementation schedules, in...

Hakbi'it Feto Store: A New Space to Strengthen Female Entrepreneurship in Timor-Leste

Transcript of Minister for Foreign Affairs Dr Vivian Balakrishnan’s Keynote Dialogue at Singapore Institute of International Affairs’ 17th ASEAN and Asia Forum, 5 August 2025
SIIA Chairman Associate Professor Simon Tay (Moderator): We thank the Foreign Minister for taking time (to join us today). I also want to thank him because I am putting a real challenge to him. In January this year, he gave an excellent speech,...

ADB Forecasts 3.1% Economic Growth for Timor-Leste in 2024
DILI, TIMOR-LESTE (25 September 2024) — Timor-Leste’s economic growth momentum will continue in 2024–2025, though at a more modest pace than forecast in April 2024 due to lower government expenditure and weaker investment spending than previously...

Primary Hepatocytes Market to Reach USD 428.2 Million by 2032 – Persistence Market Research
The global primary hepatocytes market is set to grow from USD 257.2 Mn in 2024 to USD 428.2 Mn by 2032, registering a CAGR of 6.6% during the forecast period LOS ANGELES, CA, UNITED STATES, March 5, 2025 /EINPresswire.com/ -- The global...

Macao SAR, Timor-Leste's Dili establish sister-city ties
MACAU, September 28 - At a ceremony to mark the establishment of sister-city ties between the Macao Special Administrative Region (MSAR) and Timor-Leste’s capital city, Dili, the Chief Executive, Mr Ho Iat Seng, noted the two sides were each vital...

DG Okonjo-Iweala welcomes Timor-Leste as 166th WTO member
Deputy Prime Minister Francisco Kalbuadi Lay of Timor-Leste handed to WTO Director-General Ngozi Okonjo-Iweala the instrument of acceptance of its Protocol of Accession at a meeting of the General Council on 22 July 2024. At the request of...

Central Bank of Timor-Leste hosts 7th Issuance and Treasury Meeting of Central Banks of Portuguese-Speaking Countries

Recording of the 15th episode of the program “Página do Governo” with the Minister of Defense
Tue. 05 of August of 2025, 14:07h The Minister of Defense, Donaciano do Rosário Gomes, participated today, August 5th, 2025, in the recording of the 15th episode of the program “Página do Governo” (Government Page), which will soon be broadcast by...

Organs on chips Market Growth, Analysis, Emerging Opportunities | Exactitude Consultancy
Luton, Bedfordshire, United Kingdom, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Organ-on-chip technology (オルガンオンチップ市場) , which uses microfluidic devices to mimic the functions of human organs, is poised to transform the pharmaceutical and healthcare...

Council of Ministers appoints new heads for public companies EDTL and BTL
Fri. 04 of Outubro of 2024, 08:35h At its meetings on September 25th and October 2nd, 2024, the Council of Ministers approved two Government Resolutions appointing Marito Ferreira as Chairman of the Board of Directors of Eletricidade de...

Harvard’s Jason Furman urges continued embrace of trade to further reduce global inequality
Jason Furman, Practice of Economic Policy Professor at Harvard University, emphasized that globalization over the past 25 years has significantly improved human welfare. Despite a global population increase of two billion, more than one billion...

New ADB–IFFEd Partnership to Unlock $500 Million in Concessional Education Financing in Asia and Pacific
MANILA, PHILIPPINES (26 September 2024) — The Asian Development Bank (ADB) has signed an agreement with the International Finance Facility for Education (IFFEd) that will enable at least $500 million in new concessional education funding for lower...