AGP Executive Report
Last update: 9 hours agoFinancial Reform: Timor-Leste’s National Parliament has approved Law Proposal No. 22/VI (2nd), updating the legal framework for the financial system and banking activities, boosting the Central Bank’s regulatory and enforcement powers, and creating a Resolution Fund and Deposit Insurance Fund. Anti-Scam Crackdown: Timor-Leste police say they have uncovered a major international scam operation, raiding call-centre compounds in Dili and arresting hundreds of mainly Chinese and Indonesian nationals; more than 90 foreign nationals have been brought before court as judges consider bail and travel restrictions. Regional Diplomacy: Vietnam says it stands ready to share experience with Timor-Leste as the country prepares for ASEAN leadership in 2029, with talks focused on agriculture, digital transformation, tourism, connectivity, and investment. Sports: Cambodia beat Timor-Leste 3-1 in the AFF Women’s Cup opener, booking a semi-final spot and setting up a key group match against Indonesia. Public Health/Community: A government condolence statement marks the passing of Dr. Paula Pinto, a long-time advocate for Timor-Leste’s independence.
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