AGP Executive Report
Last update: 5 hours agoOffshore Energy Watch: Fugro has won a contract for deepwater offshore site characterization surveys off Timor-Leste, supporting the Greater Sunrise and Bayu Undan gas developments, with geophysical, seismic, and autonomous underwater vehicle work planned to start in Q4 2026. National Finance Reform: Timor-Leste’s National Parliament approved the General Framework for the Financial System and Banking Activities, strengthening the Central Bank’s powers, setting up a Resolution Fund and Deposit Insurance Fund, and tightening rules against money laundering and terrorist financing. Diplomacy in Motion: Vietnam inaugurated its fully operational embassy office in Dili, saying it will help connect agencies, localities, and businesses as Timor-Leste integrates into ASEAN. Regional Integration: Timor-Leste’s ASEAN push continues as the country diversifies beyond oil, with tourism, agriculture, fisheries, and digital services, and new connectivity including direct flights to Kuala Lumpur. Human Rights: FRETILIN called for the immediate and unconditional release of Sahrawi defender Naâma Asfari, citing his deteriorating health after an indefinite hunger strike.
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