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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
Timor Leste
Timor Leste

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.

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Timor Leste

E 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.

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Timor Leste

Papua 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.

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Timor Leste

Timor 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…

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Timor Leste

China 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,…

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Timor Leste

Australia 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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