All news
Politics
Business
Technology
Incidents
Sports
Weather
Science
Entertainment
World
Real Estate
AI News
Timorese NGO says there is lack of political commitment to diversify economy
Business

Timorese NGO says there is lack of political commitment to diversify economy

SAPO Notícias9 September 2026 at 07:04

The Timorese non-governmental organization La'o Hamutuk released a report today in which it identifies obstacles to the diversification of Timor-Leste's economy. The document points out that the lack of consistent political commitment is one of the main barriers to the development of economic sectors beyond oil.

According to the report, the scarcity of qualified human resources in the country constitutes another significant challenge for economic diversification. This limitation affects Timor-Leste's capacity to develop productive activities outside the oil sector.

Excessive bureaucracy and the fragility of the private sector are also identified as factors that hinder the diversification of the Timorese economy. These elements contribute to an environment that is not conducive to investment and the growth of new economic areas.

The La'o Hamutuk report comes at a time when Timor-Leste is seeking to reduce its dependence on oil revenues and develop other sources of income for the country.

Related articles

Recebe salário todos os meses? Isso não significa que esteja excluído destes apoios da Segurança SocialPhoto by viarami on Pexels
Business

Do you receive a salary every month? This doesn't mean you are excluded from these Social Security benefits

This article clarifies that receiving a salary does not automatically exclude workers from Social Security benefits in Portugal. It addresses the family allowance, which can be granted to children of working parents depending on household income; the Social Integration Income, which can coexist with work income with these being partially counted (80% or 50% in the first 12 months); partial unemployment benefit, which allows accumulation with part-time work; and the Social Inclusion Benefit, which was specifically created to accumulate with professional income for people with disabilities. The article warns that starting December 2026, the RSI will be replaced by the Single Social Benefit, but other benefits will maintain their own regimes. Each situation is analyzed individually, and a salary may not prevent access but can reduce amounts or exclude rights if income limits are exceeded.

Postal do Algarve09/09/26, 08:30
Petróleo volta a atingir os 100 dólares dois meses depoisPhoto by Fritz_the_Cat on Pexels
Business

Oil returns to 100 dollars two months later

Brent crude oil returned to 100 dollars per barrel, registering a rise of more than 2%, at a time when geopolitical tensions in the Middle East are significantly escalating. Iran launched an attack on a US military base in Jordan in retaliation for an earlier US attack on Iranian oil tankers, while Iran's-backed Houthi rebels from Yemen attacked several Saudi cities, fueling fears of a regional escalation.

Jornal Económico09/09/26, 08:27
Bolsa de Lisboa contraria Europa com impulso da energia. Galp e EDPR sobem mais de 1%
Business

Lisbon Stock Exchange defies Europe driven by energy. Galp and EDPR rise more than 1%

The Lisbon Stock Exchange defied the European trend this Wednesday, driven by the energy sector. Galp and EDPR stood out with gains exceeding 1%, contributing to a positive performance of the Portuguese index in contrast to the main European markets. The landscape of listed companies proved divided, with eight companies in positive territory, seven in negative territory and only one unchanged.

Jornal de Negócios09/09/26, 08:24
Bolsa de Lisboa abre a cair 0,07%Photo by franky1st on Pexels
Business

Lisbon Stock Exchange opens down 0.07%

The Lisbon stock exchange opened in negative territory today, with the PSI index registering a decline of 0.07%, settling at 9,475.09 points.

RTP Notícias09/09/26, 08:20