Portugal

Macau Polytechnic Institute inaugurates centre for interpreter training

6 December 2019

The Portuguese International Centre for Training in Conference Interpreting, inaugurated on Thursday by the Macau Polytechnic Institute (IPM), aims to strengthen the role of Macau as a services platform for trade and economic cooperation between China and the Portuguese-speaking countries, said the president of the IPM, Im Sio Kei.

Cabo Verde will in time become a developed country, says minister for Maritime Economy

6 December 2019

The government of Cabo Verde has put in place a set of actions that aim to make the archipelago a developed country, and the next step is to achieve an average income of medium to medium-high, the country's Maritime Economy Minister, José Gonçalves said in Praia on Thursday.

Bank of China intends to have presence in all Portuguese-speaking countries

5 December 2019

The Bank of China wants to open offices in all Portuguese-speaking countries, the Chairman of the bank's Supervisory Board said on Wednesday in Lisbon, justifying this interest with the fact that it is a global financial institution.

Portuguese government sets price of shares to be sold in Cabo Verde bank

5 December 2019

The price of the shares and the selection of those interested in the sale of Caixa Geral de Depósitos' stakes in Cabo Verde's Banco Comercial do Atlântico will be set by the Portuguese Secretary of State for Finance, on behalf of the Minister of Finance, according to a statement released in Lisbon.

China, US and Canada are the main markets for ViniPortugal in 2020

4 December 2019

China is one of three preferential markets where ViniPortugal will focus its promotional efforts in 2020, said the president of the promotion organisation for the Portuguese wine industry, who said the other two markets were the United States and Canada.

Hong Kong group concludes the purchase of 80.1% of Banco de Negócios Internacional (Europa)

3 December 2019

Hong Kong's King Wai (KWG) group has acquired an 80.1% stake in Portuguese bank Banco Internacional de Negócios (Europa), a digital banking platform, the South China Morning Post reported recently.

Cabo Verde receives more than 595,000 tourists from January to September 2019

3 December 2019

Cabo Verde's hotel establishments received more than 595,000 guests from January to September, resulting in over 3.7 million overnight stays, with year-on-year growth of 7.5% and 3.9%, respectively, the archipelago's National Statistics Institute (INE) said.

Cabo Verde proposes that official documents be reciprocally recognised in Portuguese-speaking countries

26 November 2019

The Prime Minister of Cabo Verde proposed that documents issued by a Member State of the Community of Portuguese-Speaking Countries (CPLP) no longer need legalisation for presentation in another Member State, as he addressed the opening of the 16th Conference of Ministers of Justice of the Portuguese-Speaking Countries.

Portuguese airline EuroAtlantic Airways sold to Luxembourg-based company

26 November 2019

Portuguese airline EuroAtlantic Airways was sold to Luxembourg-based Imperial Jet (I-Jet Aviation) and the deal was reported to workers late last week, the Portuguese press reported.

Hong Kong financial group prepares acquisition of Angolan-owned bank

25 November 2019

Banco Atlântico Europa (BAE), based in Portugal and owned by Angolan investors, is about to be sold to a Hong Kong financial group, in a deal similar to the one that led to the entry of China's Bison into Portuguese-speaking countries.

Portugal’s Sofid and World Bank partner to support tourism projects in São Tomé and Principe

22 November 2019

São Tomé and Príncipe will be the first Portuguese-speaking African country to benefit from investment in private tourism projects under a memorandum of understanding signed on Wednesday in Lisbon, Portugal.

Cape Verdean government sells state position in national fuel company Enacol

21 November 2019

The Cape Verdean government will sell its 2.1% stake in national fuel company Enacol through a public offer through the Cabo Verde Stock Exchange, according to a statement issued in Praia.

Macau businessman joins Marriott group to open luxury hotel in Porto, Portugal

14 November 2019

The building of Portuguese newspaper Jornal de Notícias (JN), in the northern city of Porto, will be converted into a hotel to be managed by the Autograph Collection by Marriott and will be named Hotel Journal in order to honour the building's past and perpetuate its memory, said Macau businessman Kevin Ho King Lun.

Chief Executive of Macau presents a review of government activity

13 November 2019

The Chief Executive of Macau said that 2019 marks the end of a ten-year governance phase for himself and his team, on Tuesday when he presented a review of government action for 2019 to the Legislative Assembly.

23rd edition of Cabo Verde International Fair starts in Mindelo

13 November 2019

The 23rd edition of the Cabo Verde International Fair (FIC) is due to be inaugurated on Wednesday in the city of Mindelo, on the island of São Vicente, by Prime Minister Ulisses Correia e Silva, and will take place over four days under the slogan “Cabo Verde, an economy in the Mid Atlantic.”

BNU (Macau) contributes 50.8 million euros to consolidated net income of Portugal’s CGD

11 November 2019

Banco Nacional Ultramarino (Macau) contributed 50.8 million euros to the consolidated net profit of 508.4 million euros of Portuguese state group Caixa Geral de Depósitos (CGD) in the first nine months of the year, the group said.

Portuguese wine company and Chinese state importer Nam Kwong establish a partnership

7 November 2019

Portuguese wine company Quinta da Marmeleira, owned by Macau businessman Wu Zhiwei, has entered into a strategic partnership with the Chinese state distribution group Nam Kwong, which will increase the entry of Portuguese wines into mainland China.

Macau and Shanghai have “great complementarity” in relations with Portuguese-speaking countries

7 November 2019

Shanghai City's trade with Portuguese-speaking countries reached US$10 billion in 2018, said the president of the Macau Institute for Trade and Investment Promotion (IPIM), according to whom that city and Macau show have “great complementarity” in this cooperation.

China reduces stake in Portugal’s EDP group

6 November 2019

Chinese state group CNIC Co. through a private placement has sold a block of more than 48.7 million shares, or about 1.33% of the share capital of Portuguese power company EDP - Energias de Portugal, according to a statement issued through the Portuguese Market Securities Commission.

India was Mozambique’s main export destination in 2018

6 November 2019

In 2018 India was Mozambique's main export destination with a share of 27.32% or US$1.369 billion, according to the country's National Statistics Institute in its Statistical Yearbook for last year.

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