AGP Executive Report
Last update: an hour agoInvestment: Indonesia and Timor-Leste signed a treaty to encourage cross-border investment, streamline regulations and deepen economic ties. Around 120 Indonesian companies already operate in Timor-Leste, across sectors including banking, telecoms, energy and construction. Mining: Estrella Resources upgraded 274 million tonnes of its Werumata limestone resource to the indicated category, strengthening plans for a scoping study on the 533-million-tonne project. Digital Trade: Timor-Leste is preparing to join ASEAN’s digital economy framework, with work focused on customs links, electronic payments and data security to help local businesses reach regional markets. Business Disruption: Indonesian wildfire haze has prompted a nationwide school closure through October 17, including vocational schools, as authorities warn residents to limit outdoor activity.
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