DILI -- Tibar beach in Dili, the capital of East Timor, boasts a striking sunset view, but remains largely empty -- except for some Chinese and local tourists.
Economy
East Timor faces uphill task to cut oil dependence and create jobs
PM cites plan to set up National Development Bank to support new priority sectors
East Timor, Southeast Asia's youngest nation and one of its poorest, relies heavily on an oil fund to support the economy. The country's leaders tell Nikkei Asia of plans to develop other sectors. (Photo by Dimas Ardian)
Read Next
Latest on Economy
