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Portugal

Macau business delegation travels to Portugal and Brazil

19 June 2018
A business delegation from Macau, led by the Economy and Finance Secretary, Leong Vai Tac, will travel to Portugal to take part in the "Entrepreneurs Meeting for Economic and Trade Cooperation between China and Portuguese-Speaking Countries - Lisbon - 2018," followed by a visit to Brazil to prospect and study business opportunities, according to the Macau Trade and Investment Promotion Institute (IPIM).

EDP says China Three Gorges takeover bid is low

11 June 2018
EDP's Management believes that the takeover bid launched by China Three Gorges (CTG) is low and that shareholders should be compensated for allowing the takeover of the company.

Legis-PALOP legal database now includes Timor-Leste

8 June 2018
The Legis-PALOP legal database, an electronic platform that brings together legislation, jurisprudence and tenets from Angola, Cabo Verde (Cape Verde), Guinea-Bissau, Mozambique and São Tomé and Príncipe, will now include the legal system of Timor-Leste (East Timor), to be called Legis-PALOP+TL, according to an official statement.

Air cargo operation links China to Portugal and Brazil

6 June 2018
A Boeing 747 Cargo aircraft, with the insignia of Beijing Capital Airlines and TAP-Air Portugal, is due this year to launch an operation linking China, Portugal and Brazil, "a kind of fast track between the Far East and Brazil," the chief executive of the Portuguese airline told online publication Dinheiro Vivo in Matosinhos.

Boards of EDP and EDP Renováveis due to issue opinion on China’s Three Gorges takeover bid

5 June 2018
The boards of EDP - Energias de Portugal and EDP Renováveis have until 11 June to prepare a report on the opportunity and conditions of the takeover bid (OPA), namely on the prospectus and announcement of the launch by the group's main shareholder, China Three Gorges, according to the current law.

Service sector opportunities in the Guangdong-Hong Kong-Macau Great Bay area

4 June 2018
The exploration of business opportunities for the services sector in the future Guangdong-Hong Kong-Macau Great Bay Area was one of the issues addressed on Friday at a seminar on trade in services between China and Portuguese-speaking countries.

Conventions and exhibitions in Macau and food products from Portuguese-speaking countries showcased at fair in China

28 May 2018
Macau's advantages as a venue for conventions and exhibitions was the theme of a seminar organised by the Macau Trade and Investment Promotion Institute (IPIM) in Chongqing in cooperation with government agencies in Macau, according to an official statement.

Bank of Cabo Verde approves the takeover of Banco Internacional by Bahraini company

25 May 2018
The Bank of Cabo Verde approved the entry of IIBG Holdings into the share capital of Banco Internacional de Cabo Verde (BICV), with the company incorporated in Bahrain now holding a 90% stake, the Cape Verdean central bank said in a statement on Thursday.

Foreign exchange agreement between Portugal and Cabo Verde may go as far as “near integration” in the eurozone

24 May 2018
The future of the exchange agreement between Portugal and Cabo Verde may come close "to near integration" in the eurozone, through the convergence of economic policies, Cape Verdean Prime Minister Ulisses Correia e Silva said in Praia on Wednesday.

Macau wants to be a platform for relations between the media in China and the Portuguese-speaking countries

23 May 2018
Macau may become a platform for developing relations between Chinese and Portuguese-speaking media, said Victor Chan Chi Ping, director of the Government Information Bureau (GCS), during the "Macau Global Media Industry Development" conference.

Strengthening cooperation between China and Portugal discussed in Lisbon

21 May 2018
Portugal's Foreign Minister Augusto Santos Silva along with his Chinese counterpart analysed new investment opportunities for Chinese companies in Portugal, including industrial companies, in Lisbon on Friday.

Tourists from China spend €130 million in Portugal in 2017

21 May 2018
Tourists from China spent €130 million in Portugal in 2017, 40% more than a year earlier, an amount that is catching the attention of Portuguese retailers, said Luís Filipe Silva, a member of the governing board of Turismo de Portugal.

Angola’s Alassola places more than 450 tons of cotton thread on the Portuguese market

21 May 2018
Angolan textile company Alassola exported 454 ton of cotton thread to Portugal between October 2017 and 12 May under the business' internationalisation project, industrial director Hioshi Yamamoto said on the sidelines of the 8th edition of the Benguela International Fair (FIB), which ran from 16 to 20 May.

Forum Macau promotes cooperation between companies in Yangzhou and Portuguese-speaking countries

16 May 2018
The Permanent Office intends to promote productive cooperation between enterprises in Yangzhou and Portuguese-speaking countries, taking advantage of the multilateral mechanism of Forum Macau and the role of Macau as a platform, said the secretary general of the organisation in Jiangsu.

Banco Comercial Português and ICBC renew cooperation agreement

16 May 2018
The cooperation agreement that Banco Comercial Português (BCP) has with the Industrial and Commercial Bank of China (ICBC) since 2010 was renewed in Beijing, the Portuguese bank said in a recent statement.

Three Gorges launches takeover of EDP-Energias de Portugal and EDP Renováveis groups

14 May 2018
The Public Takeover bids launched by state-owned China Three Gorges to obtain shareholder control of Portuguese groups EDP-Energias de Portugal and EDP Renováveis will face "a marathon of authorisations from regulators, almost certain obstacles in Brussels, a management with its own will and a price that has already been considered low," Portuguese newspaper Observador reported.

Portugal-Angola Chamber of Commerce and Industry plans a meeting of entrepreneurs during the Luanda International Fair

14 May 2018
The Portugal-Angola Chamber of Commerce and Industry (CCIPA) is organising a meeting in which it intends to bring together entrepreneurs and managers from both countries during this year's edition of the Luanda Industrial Fair (Filda), which will take place from 10 to 14 July, according to Portuguese newspaper Público.

New Hengqin Area wants to broker Chinese cooperation with Portuguese-speaking countries

10 May 2018
The New Area of Hengqin (NAH) aims to become a pilot region for economic cooperation between China and Portuguese-speaking countries, Yang Chuan, director of the NAH's administrative committee, told the China Daily newspaper.

Portugal analyses Caixa Geral de Depósitos taking stake in the Cabo Verde Sovereign Fund

10 May 2018
The Portuguese government is analysing a proposal submitted by its Cape Verdean counterpart for Portuguese state bank Caixa Geral de Depósitos (CGD) to acquire a stake in the Cabo Verde (Cape Verde) Sovereign Fund, the archipelago's finance minister said on Wednesday in Lisbon.

Portuguese-speaking entrepreneurs meet in Mozambique

8 May 2018
The first Economic Conference of the Market of the Community of Portuguese Speaking Countries (CPLP) begins on Wednesday in Maputo, Mozambique, with the participation of about 350 people, including entrepreneurs, representatives of business associations, public foreign trade bodies, heads of state and members of the government of the CPLP countries, according to the organising body.
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