Singapore firms invest in Timor-Leste’s leisure, hospitality sectors

Singapore-owned businesses are investing millions of dollars in Timor-Leste's leisure and hospitality sectors, from five-star hotels and service apartments to an entertainment centre. The developments will help Timor-Leste's efforts in diversifying its economy. Currently, oil and gas account for 70 per cent of the country’s gross domestic product. CNA’s Lauren Ong reports.
Subscribe to our channel here: cna.asia/youtu...
Subscribe to our news service for must-read stories:
Telegram - cna.asia/telegram
WhatsApp - cna.asia/whatsapp
Follow us:
CNA: cna.asia
CNA Lifestyle: www.cnalifestyl...
Facebook: / channelnewsasia
Instagram: / channelnewsasia
Twitter: / channelnewsasia
TikTok: / channelnewsasia

[@RayMundi-fj5ny]

Invest in Singapore dollar or US dollar??

[@pacificoceania5828]

Timor's economy will be booming up and the dependency of oil and gas sectors will decrease if all hotel and others infrastructures are developed and tourist start to pour into that country . The bright future is ahead.

[@ForgettableJack805]

lol with countless 5 star hotels, villas, resorts in bali, they are still poor. You add 2 hotels in timor it means nothing. Bright future my ass 🤣

[@ignatiusryd2031]

Bright future?? Meh, even to this date no one wants to go to TL. Even Aussies were avoiding that place like a somekind of place ridden with deadly plague.

[@loveTimor888]

When East-timorese fight for independece, every Indonesian people and the world said that impossible, because Indonesia supported by USA and alays. When we fight against Australia for maritime boundary, everyone said that impossible. We have over come all the doubts and again we Will prove to the world that, again we can defeat every obstacle as what we have defeated

[@nogerofficial8737]

Tq so much for the projects we love Singapore❤❤

[@AmeliaElim]

Apakah udah dibangun? Udah berapa persen pembangunannya?

[@Nazereno..paulos]

Terima kasih investor Singapura.

[@eusebioguterres1492]

Great

[@Utube1024]

Sure lose money one

[@mitotv6376]

Hope the hotel. Looks gud.. i want my country to progress

[@anziar3038]

There are many opposition party members involved in police investigation for criminal offences - pritam, charles yeo, lim tean, hsien yang, etc. This is worrying, as it is no longer safe in s'pore. 🤣🤣

[@DuarteDacosta-fr2qs]

I am really, wanna Singapore to invest in Timor-Leste.

[@mulyahadipurnama5999]

Congrats & Welcome To New Era...❤

[@deanreid4608]

The environment is the most important for Timor.. and that is being ignored for the dollar...

[@benjaminberek2493]

Timor Leste furak furak los❤

[@soucurioso7]

Investimentos para o desenvolvimento econômico-social.

[@Zuma-o6n]

East Timor 🇹🇱.

[@carlitoquerro4989]

Wowww...Timor Leste makin maju....

[@SaipinLlg]

0:18

[@gitmoholliday5764]

There where some corruption issues between Australian Politicians and Timor, lets hope that issue is cleared up.

[@azuaraikrezeul1677]

it still hasn't cleared up yet lol.timor already lost it's oil and indonesia and australia already profited from it.

[@arsalanalonto6056]

​@@azuaraikrezeul1677They should just be colony of Australia or return back to Indonesia😂

[@SereneTan-d3q]

Isn’t this Pelican paradise the same guy Datuk Edward Ong who asked Timor finance minister to for $1.2bil to deposit in his account in 2009 ? Go search for : Asian Champ investment scam. Trying to scam billion dollar from petroleum fund

[@EdwinChoo-w8t]

Was there in year 2000. Alway feel is Asia paradise.

[@adiuaraujo484]

🇸🇬🤝🇹🇱

[@thomastan7511]

Well done, Singapore investors

[@satriojumeneng7055]

I guess it's Chinese money. China can't invest directly to Timor Leste

[@YohanesArifinflaster29]

lying

[@anacletoalves7337]

Welcome to develop my Country Timor Leste 🇹🇱

[@Diliprasa]

🇹🇱

[@castelosousa1183]

Timor leste,singapura ke 2 dia asia tenggara...

[@joMan1060]

Melawak..

[@Buditajaya]

😂😂😂

[@fadillaarief5526]

Yes indeed, not singapore but singapoor

[@devildevil2271]

Why PRC and India never think of it during Modi and Wang Yi visits to Solomon's island

[@paranoya733]

Tourism is southeast asia thing, not west & east asia stuff coz they no nothing on managing tourism industry

[@denisastro4210]

Makanya jangan pernah respeck sama orang timor leste mereka itu penghianat

[@hiramabiff7]

Soon Timor will surpase Singapore

[@arinarin7464]

indonesia dont like if timur leste become richer and more developed

[@tanuwidjayaady9515]

Justru indonesia yang menolong timor leste masuk asean,menyuplai barang pokok dan banyak bantuan lagi ke negara negara miskin di kawasan oseania termasuk timor leste

[@joMan1060]

Lol... infact Indonesia that invite timor leste as a member of asean.. Indonesia invest alot in east timor, investing bridge, Airport etc for infrastructure.

[@abdulkhafidtirtojoyo]

Which country built the modern airport for east timor? Please tell me...

[@keythegreat4282]

Hahaha, just less than one years, TL already shows their real face😅. At the begining they ask help from INA to join ASEAN and then now, less than a year? What will we get as another ASEAN countries then?

[@UCcdTp7XpCkVLkaRCsDcifFg]

kalo timor maju, kayaknya banyak yg minta pisah jadinya@@tanuwidjayaady9515

[@aichiro2633]

Wkkk

[@lamjianyuan]

With 9-10% GST, After so many years, while the pap and lhl are very rich, and most common men are still very poor, why are people still supporting the pap even until now?

[@johanea]

Your definition of poor is quite broad.

[@lamjianyuan]

@@johanea my definition of poor is people earning $3k/month or below.

[@johanea]

@@lamjianyuanRight. Singapore has less then 1100 homeless people and the population including all foreign workers is how much, give and take 10 million? So pretty much all have a roof over their head and sure don’t need to starve with all programs in place to help them out. If you want to see people outside of all safety nets I recommend Europe, any country, or North America. There you can talk about poverty. And no, I do not care about Africa etc etc as they do nothing to improve their life’s after years of foreign aid. Just wasted. Sorry, there is no poverty per day in Singapore as everybody and anybody have a way to get out of it if (!) they chose to do so. Plus, normally families take care of own members in normal cases.

[@bottplug2272]

@@lamjianyuanWow 3k/month is poor to you? Even here in Australia that is not considered poor! Where are you from? Lichtenstein?