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Portugal

Citizens of Brazil and Portugal exempt from visas to visit Hainan island

19 April 2018
Brazil and Portugal are the two Portuguese-speaking countries whose nationals no longer need an entry visa to visit the island of Hainan in southern China, provided the stay does not exceed 30 days, announced the State Administration for Immigration, whose officials said the measure would come into effect in May.

Sale of Azores Airlines is part of the strategy of the government of Cabo Verde

18 April 2018
The possibility of the Icelandair group taking a stake in the capital of Azores Airlines, the airline of the Portuguese archipelago of the Azores, complements and adds value to the potential deal between that group and Cape Verdean flagship airline Transportes Aéreos de Cabo Verde (TACV), the country's prime minister said on Tuesday in Praia.

Angola’s National Bank resolves salary payment for expatriates

17 April 2018
The National Bank of Angola on Monday completed the process of paying salary arrears through a foreign exchange auction in which it sold 38.3 million euros, said the bank in a statement released in Luanda.

Trade between China and Portuguese-speaking countries totals US$20.4 billion in January/February

16 April 2018
Trade between China and the Portuguese-speaking countries in January/February totalled US$20.4 billion, or an increase of 37.43% over the same period of 2017, according to official Chinese figures released by Forum Macau.

IPIM director appointed as Deputy Secretary-General of Forum Macau

13 April 2018
The director of the Macau Trade and Investment Promotion Institute (IPIM), Gloria Batalha Ung, will be appointed to the position of deputy secretary-general of Forum Macau, taking on both roles, according to a statement from the office of the Macau Secretary's for the Economy and Finance.

Macau businessmen promote food products from Portuguese-speaking countries

12 April 2018
Businessmen and shopkeepers from Macau will promote food products from Portuguese-speaking countries on 26 and 27 April in Huizhou and Dongguan, and in Fuzhou in Fujian province in May, according to the Macau Trade and Investment Promotion Institute (IPIM).

Banco of Mozambique fines commercial banks

10 April 2018
The Bank of Mozambique has sanctioned 15 banking institutions that operate in the country for various infractions, specifically the Law on Prevention and Combating Money Laundering and Financing of Terrorism, with fines that together exceed 158 million meticais (US$2.5 million), the central bank said in a statement on Monday.

Two companies readmitted to international public tender in Cabo Verde

10 April 2018
The Polaris and Palm Shipping Line companies have been readmitted to the international tender for a public transport operator license in Cabo Verde (Cape Verde), once again joining the Sousa and ETE groups, both from Portugal, West African Company and Cabo Verde's CV Fast Ferry, which have been approved for the second phase, according to the local press.

Macau financial services platform under discussion in Portugal

9 April 2018
The installation in Macau of a financial services platform between China and the Portuguese-speaking countries will be discussed on a trip to Portugal next June, the Macau Secretary for Economy and Finance Leong Vai Tac told the Portuguese language channels of Teledifusão de Macau (TDM).

Aid to banks increases Portuguese public debt by 23.7 billion euros

4 April 2018
Public interventions to bail out the Portuguese financial system between 2007 and 2017 had an impact of 23.7 billion euros in public debt, Portuguese newspaper Jornal de Notícias reported citing figures released by the Bank of Portugal.

Renewable energy production exceeds consumption in Portugal

4 April 2018
Electricity production from renewable sources in March exceeded consumption in mainland Portugal, "something unheard of in the last 40 years," the Portuguese Association of Renewable Energies and environmental association Zero reported in a statement citing data from power grid company REN.

CPLP to shift focus from language to economy, says secretary-general

29 March 2018
The growing interest of countries such as South Korea in the status of observer to the Community of Portuguese Speaking Countries (CPLP) shows the economic potential of the organisation without language being the central priority, the secretary general Maria do Carmo Silveira said on Wednesday in London.

Sonangol selects best proposals for refinery construction in Angola

29 March 2018
Angolan state oil company Sonangol has selected the seven best proposals for the construction of the Lobito and Cabinda refineries from among 16 proposals for the Lobito refinery, seven for the Cabinda refinery and seven others without specifying the intended project, according to a statement released on Wednesday in Luanda.

Chinese group Fosun looks at Brazilian assets for possible acquisition

28 March 2018
Chinese group Fosun is analysing the possible acquisition of Brazilian assets in the health, entertainment and financial sectors, in the latter case mainly in the area of business risk, the Estado de São Paulo newspaper reported in its Tuesday edition.

Forum Macau plans to visit Portuguese-speaking countries in 2018

23 March 2018
Delegations from Forum Macau will travel to Angola, Brazil, Cabo Verde (Cape Verde), Guinea Bissau, Mozambique, Portugal, Sao Tome and Principe and Timor-Leste (East Timor) this year under the institutions programme of activities for 2018, with a view to strengthening relations and exploring ways of further disseminating the institution's objectives.

Forum Macau plans to make more efforts to support business people

22 March 2018
The Secretary-General of Forum Macau, Xu Yingzhen, said that in the future, more efforts will be made to enable entrepreneurs from the organisations' eight member countries to take advantage of the potential offered to them.

Macau is a gateway to mainland China, says IPIM chairman

16 March 2018
Macau is an important "gateway" to mainland China, with a close relationship with Guangdong-Hong Kong-Macau Great Bay and the Pan Pearl River Delta, said the chairman of the Macau Trade and Investment Promotion Institute at a meeting in Frankfurt, Germany.

Business people from the Chinese province of Jilin visit Lisbon for business meeting

15 March 2018
Officials from seven Chinese companies are scheduled to take part in a Portuguese-Chinese business meeting in Lisbon on 22 March organised by the Portuguese Industrial Association (AIP), in partnership with the Federation of Industry and Commerce of Jilin province, the AIP said.

Portuguese-speaking countries well positioned to benefit from China’s ‘Belt and Road’ initiative

13 March 2018
Portuguese-speaking countries are well positioned to share the economic benefits associated with the "Belt and Road" initiative announced by China, according to Clbrief (https://clbrief.com/), a news service specialising in the Portuguese-speaking world and China.

China-Lusophone Brief, a new economic relations news service

12 March 2018
The analysis of the economic and political situation of the Portuguese-speaking countries and business opportunities with China, at a time when Beijing is strongly committed to the "Belt and Road" and "Guangdong-Hong Kong-Macau Great Bay" initiatives, are the main lines of action of the new English-language news service launched on Monday and called China-Lusophone Brief (CLBrief).
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