East Timor, Asia’s youngest nation, votes for president

East Timor, Asia’s youngest nation, votes for president


Officials collect ballot boxes in Dili on March 18, 2022, on the eve of the country’s presidential elections.

Valentino Dariel Sousa | AFP | Getty Images

Polls opened in East Timor on Saturday, as Asia’s youngest nation held its fifth presidential elections since independence, with concerns over political stability and economic security at the forefront.

The 16 presidential hopefuls include former resistance fighter and incumbent President Francisco “Lu Olo” Guterres as well as independence figure and Nobel laureate Jose Ramos-Horta and a former Catholic priest.

At polling booths in the capital Dili, Timorese donned masks and queued patiently as they waited to vote.

“We must choose a new generation so that we can build this country,” said one voter, Jorge Mendonca Soares, 42, of his desire for change.

While the nation’s independence figures still dominate the field, for the first time there are also four female candidates, including deputy prime minister Armanda Berta Dos Santos.

A recent poll by the national university showed that Ramos-Horta, 72, former defense forces commander Lere Anan Timur and Guterres are the favorites.

Polls close at 3 p.m. with early indicators of who is leading the vote expected to come late Saturday.

If no candidate wins an outright majority, the vote will proceed to a run-off on April 19 between the top two contenders.

Approaching 20 years since independence after the end of a brutal occupation by Indonesia, East Timor has for long spells struggled with political instability.

After the last elections in 2018, Guterres refused to swear in some ministers from the National Congress of the Reconstruction of East Timor (CNRT), a political party led by former prime minister Xanana Gusmao.

The move led to an ongoing political stalemate.

Ramos-Horta, who is backed by Xanana’s CNRT party, said earlier this week he was running because he felt the current president had “exceeded his powers.”

In East Timor’s political system, the president appoints a government and has the power to veto ministers or dissolve parliament.

During a recent election debate, Guterres pledged to ensure peace and stability, defend East Timor’s sovereignty and follow peace and stability, defend East Timor’s sovereignty and follow the constitution if he won a new term.

Heavily dependent on dwindling supplies of oil and gas, economic diversification and the role of young voters have also been key election issues, with an estimated 20% of voters reaching the voting age of 17 and casting their ballot for the first time.

First-time voter Marco de Jesus, 17, said he felt nervous but relaxed after help from polling staff.

“I feel proud to have carried out my function as a voter,” he said, speaking outside a polling station on Dili’s waterfront.

“I hope my choice can bring positive and useful change.”



Source

CNBC Daily Open: U.S. tech shares pull back amid growing AI bubble worries
World

CNBC Daily Open: U.S. tech shares pull back amid growing AI bubble worries

Traders work on the floor of the New York Stock Exchange during morning trading on Sept. 17, 2025 in New York City. Michael M. Santiago | Getty Images Individual equities and separate sectors popped Wednesday, but collectively, their moves weren’t forceful enough to lift indexes. Beleaguered American chipmaker Intel is finding itself in slightly less […]

Read More
UK bank bosses demand policy stability ahead of critical budget
World

UK bank bosses demand policy stability ahead of critical budget

The City of London financial district at sunrise. Alexander Spatari | Moment | Getty Images Bank chiefs in London are calling for greater policy clarity and stability amid fears that looming tax hikes in the forthcoming U.K. budget could hit the financial services sector. Speaking with CNBC’s Steve Sedgwick and Ritika Gupta in London’s Canary […]

Read More
Shares of China’s largest vehicle exporter Chery pop 11% in Hong Kong debut
World

Shares of China’s largest vehicle exporter Chery pop 11% in Hong Kong debut

A car produced by Chinese automobile manufacturer Chery is on display for sale at a dealership in Vladivostok, Russia, March 22, 2023. Tatiana Meel | Reuters China’s largest vehicle exporter, Chery Automobile, saw its shares jump in its Hong Kong debut after raising 9.1 billion Hong Kong dollars (US$1.2 billion) through an initial public offering. […]

Read More