{"id":96288,"date":"2025-10-23T10:45:10","date_gmt":"2025-10-23T10:45:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/96288\/"},"modified":"2025-10-23T10:45:10","modified_gmt":"2025-10-23T10:45:10","slug":"east-timor-faces-uphill-task-to-cut-oil-dependence-and-create-jobs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/96288\/","title":{"rendered":"East Timor faces uphill task to cut oil dependence and create jobs"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/economy\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Economy<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">PM cites plan to set up National Development Bank to support new priority sectors<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/10\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/2\/8.jpeg\" alt=\"20251021 East Timor daily life\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">East Timor, Southeast Asia&#8217;s youngest nation and one of its poorest, relies heavily on an oil fund to support the economy. The country&#8217;s leaders tell Nikkei Asia of plans\u00a0to develop other sectors. (Photo by Dimas Ardian)<\/p>\n<p>ISMI DAMAYANTI<\/p>\n<p>October 23, 2025 14:00 JST<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">DILI &#8212; Tibar beach in Dili, the capital of East Timor, boasts a striking sunset view, but remains largely empty &#8212; except for some Chinese and local tourists.<\/p>\n","protected":false},"excerpt":{"rendered":"Economy PM cites plan to set up National Development Bank to support new priority sectors East Timor, Southeast&hellip;\n","protected":false},"author":2,"featured_media":96289,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,5232,3588,71197,3806,219,6119,232,111,139,69,4156,8290,71195,71196],"class_list":["post-96288","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-create","tag-cut","tag-dependence","tag-east","tag-economy","tag-faces","tag-jobs","tag-new-zealand","tag-newzealand","tag-nz","tag-oil","tag-task","tag-timor","tag-uphill"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/96288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=96288"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/96288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/96289"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=96288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=96288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=96288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}