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Tag: Timor Leste

  • Malaysia and Timor-Leste Amplify Alliance in Telecommunication & Media Through Landmark MoUs

    Malaysia and Timor-Leste Amplify Alliance in Telecommunication & Media Through Landmark MoUs

    Malaysia and Timor-Leste have taken significant strides in bolstering their collaboration in telecommunications and media. This progress is marked by the endorsement of two Memorandums of Understanding (MoUs), which highlight their joint dedication to enhancing regional interconnectedness and collaboration.

    The MoUs were endorsed by a host of key figures from both nations. From Malaysia, it was Communications Minister Datuk Fahmi Fadzil, and from Timor-Leste, Transport and Communications Minister Miguel Marques Gonçalves Manetelu and State Secretary for Social Communication Expedito Loro Dias Ximenes.

    A Milestone in Bilateral Relations

    In a joint proclamation, the Communications Ministry of Malaysia, Transport and Communications Ministry of Timor-Leste, and the State Secretariat for Social Communication hailed the agreements as a landmark in bilateral ties. They serve as a testament to the enduring friendship and mutual faith between the two nations. This relationship has been strong since Malaysia was one of the first countries to acknowledge Timor-Leste’s independence in 2002.

    The statement further highlighted that both countries reaffirmed their mutual commitment to deepening bilateral cooperation and fostering closer people-to-people connections. The two nations also expressed excitement at the prospect of collaborating in creating a more interconnected, robust, and forward-thinking Southeast Asian region.

    Memorandums of Understanding

    The first MoU, which focuses on telecommunications cooperation, outlines the intention of both countries to fortify their telecom infrastructure, improve digital connectivity, and share technical expertise. The agreement’s overall objective is to fuel mutual growth in telecommunications to support sustainable progress and digital inclusion.

    The second MoU, which emphasizes information and media development, encourages professional collaboration between the media sectors of both countries. This includes initiatives for exchanging information, sharing news, and implementing capacity-building programs for media practitioners.

    Questions & Answers

    What are the key objectives of the MoUs between Malaysia and Timor-Leste?
    The agreements aim to strengthen telecommunications infrastructure, enhance digital connectivity, promote professional collaboration between media sectors, and foster closer people-to-people ties between the two countries.

    Who were the key figures involved in the endorsement of the MoUs?
    The MoUs were signed by Malaysia’s Communications Minister Datuk Fahmi Fadzil, Timor-Leste’s Transport and Communications Minister Miguel Marques Gonçalves Manetelu, and State Secretary for Social Communication Expedito Loro Dias Ximenes.

    What is the significance of these agreements for the relationship between the two nations?
    These MoUs are seen as a milestone in bilateral relations between Malaysia and Timor-Leste, reflecting the long-standing friendship and mutual trust between the two countries. They also testify to the countries’ shared commitment to regional connectivity and cooperation.

  • Lippo explores investment possibilities in border with Timor Leste

    Lippo explores investment possibilities in border with Timor Leste

    Lippo Group is exploring investment possibilities in the eastern province of Nusa Tenggara, which borders Timor Leste, to generate development and improve living standards in the region.

    “Increased investments in the border region is very important as it can help to improve the welfare of the local population. We are now studying the regions investment potential,” said Lippo Group President Theo L Sambuaga on Saturday (Jan. 21).

    He added that explorations to see if the region had any investment potential would be done in the districts of Timor Tengah Utara, Belu and Malaka.

    Businesses under the Lippo Group include those in education, health and the retail sector.

    Sambuaga stated there are possibilities of establishing a world-class health service, as well as a BPJS (government-subsidized health insurance scheme) scheme for poor people that live along the border region.

    With regards to the education sector, he added that Lippo are planning to provide scholarships for promising university students from the region.

    “We have already offered scholarships to students at State Timor University (Unimor) in Kafemenanu totaling Rp150 million, this was announced to the university on Friday,” he said.

    The Lippo Group also has an education division that was involved in the building of 340 schools across the country, as well as a health division that has built several general hospitals.

    “We have one hospital in East Nusa Tenggara province and also one in Kupang and another one in Labuan Bajo. We are still exploring the possibilities of building others in the border regions, such as in Timor Tengah Utara and Belu,” said Sambuaga.

    With regards to the retail sector, Lippo Group includes a chain of Hypermarts and Matahari Department Stores, which they claim to be a boost for local economies.

    Its chain of Hypermarts are located across the region, totaling up to 120 stores. There is also a possibility that the company may set up more in Kafemenanu in Timor Tengah Utara or Atambua in the Belu district. The group also has 150 department stores across the country.

    “The investment possibilities are there in view of our capacity, in addition to the positive impact our investments will bring for the development of the welfare of the people in the border region,” added Sambuaga.

    As one of its major stakeholders, he also stated that the Indonesian government shares the same level of responsibility with Lippo in improving the welfare of the local people.

    “This is about shared responsibility and I hope that this could motivate other parties to join our efforts. Cooperation between the government and the public is a must,” he said.

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