AGP Executive Report
Last update: 5 minutes agoOffshore Energy & Jobs: Fugro has won a contract to run deepwater offshore site characterization surveys for Timor-Leste’s Greater Sunrise and Bayu Undan gas developments, using geophysical, seismic and autonomous underwater vehicle work in waters over 3,000 meters; mobilization is set for Q3 2026 and offshore operations for Q4, with the campaign expected to last about three months. Human Rights: FRETILIN in Dili has called for the immediate and unconditional release of Sahrawi human rights defender Naâma Asfari, saying his health has deteriorated after more than 15 years in prison and an indefinite hunger strike since 8 June 2026. Finance Law: Timor-Leste’s National Parliament approved the General Framework for the Financial System and Banking Activities (Law Proposal No. 22/VI), updating the legal regime since 2000 and strengthening the Central Bank’s powers, financial stability tools, and anti–money laundering and consumer protection rules. Diplomacy & Regional Integration: Vietnam inaugurated its fully operational embassy office in Dili, saying it will support cooperation and act as a bridge for agencies, localities and businesses as Timor-Leste advances its ASEAN integration. ASEAN Momentum: A new report highlights Timor-Leste’s push to diversify beyond oil dependence—tourism, agriculture, fisheries and digital services—while targeting ASEAN chairmanship in 2029 and deepening ties with Malaysia.
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