Timor Leste - Latest News/Current Events, Economic Overview & Trade Relations
AEI | Quick Facts about Timorleste
| Official Name | Democratic Republic of Timor-Leste |
| Capital | Dili |
| Location | Southeastern Asia, northwest of Australia in the Lesser Sunda Islands at the eastern end of the Indonesian archipelago; note - Timor-Leste includes the eastern half of the island of Timor, the Oecussi (Ambeno) region on the northwest portion of the island of Timor, and the islands of Pulau Atauro and Pulau Jaco |
| Area | total: 15,007 sq km land: NA sq km water: NA sq km |
| Climate | tropical; hot, humid; distinct rainy and dry seasons |
| Terrain | mountainous |
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East Timor's New Tax System to Be One of the Lowest in the World
East Timor's new tax system reform has been approved, and it is one of the lowest in the world.
read full newsE Timor, Australia strike oil deal
There is an agreement between East Timor and Australia about how to allocate the maritime field between both countries and therefore distribute the gas field.
read full newsPapua New Guinea Eyes Liquified Natural Gas
Papua New guinea and ExxonMobil are planning to build a $10b Natural gas liquification plant, scheduled to open 2013.
read full newsTimor Leste May Soon Receive Japanese Assistance
According to a press release issued from the Japan International Cooperation Agency (JICA), Timor-Leste (East Timor) is in need of an estimated USD 9.5 million in financial assistance to strengthen its justice system. JICA President Sadako Ogata noted…
read full newsChina Builds Hospital in East Timor
China has assisted in the reconstruction of East Timor, including financing the construction of the Presidential Palace and training civil staff. Now a Chinese state company, China Metallurgical Construction, is planning on building a hospital in Suai,…
read full newsAustralia Sends Aid as East Timor Faces Food Shortage
Australia will help East Timor as it faces a food shortage. According to Australian researchers, "31 to 40 per cent of crops grown by subsistence farmers in Southeast Asia can be lost to pests and diseases." Australia plans to send researchers…
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