Portugal

Portugal promotes itself as a tourist destination in China

19 September 2017

The largest tourism promotion campaign launched by Portugal in Beijing began in early September seeking to attract an increasing share of Chinese tourists travelling abroad, the China Daily newspaper reported.

Universal Seguros changes name to Fidelidade Angola

14 September 2017

Universal Seguros, the third largest insurance company in Angola, has been renamed Fidelidade Angola, said the company's chief executive, Armando Mota, in Luanda on Wednesday.

Port of Luanda receives 77.8% of the cargo imported by Angola in the first quarter

12 September 2017

The port of Luanda received 77.8% of the total cargo imported by Angola in the first quarter of 2017, according to figures from the activity report of the National Shippers Council (CNC), quoted by Angolan news agency Angop.

Maritime Silk Road Association (Macau) and International Institute of Macau promote Chinese initiative

11 September 2017

The Maritime Silk Road Association (Macau) and the International Institute of Macau (IIM) have signed a cooperation protocol for actions related to the Chinese initiative to promote the 21st Century Maritime Silk Road.

President of Mozambique announces construction of cement factory in Niassa province

8 September 2017

Construction work on a cement plant in Mozambique's Niassa province will begin this year, the Mozambican President said on Thursday, adding that the project was part of the government's actions "to take this part of the north of the country out of apparent oblivion."

Trade between China and Portuguese-speaking countries reaches US$67.615 billion from January to July

7 September 2017

The value of trade between China and Portuguese-speaking countries rose 31.29% year-on-year to US$67.615 billion in the January-July period, according to official Chinese data released by Forum Macau.

Trade between China and Portuguese-speaking countries grows 37% in the first half

6 September 2017

Trade between China and the Portuguese-speaking countries totalled US$57.358 million in the first half of the year, up 37.58% compared to the same period of last year, according to official Chinese figures released by Forum Macau.

Economist Rodrigo Brum takes office at Forum Macau

4 September 2017

Economist Rodrigo Brum took on the role of Deputy Secretary-General of the Permanent Secretariat of Forum Macau, appointed by the Portuguese-speaking countries, on 1 September.

Banks and companies in China want to invest in Brazil

4 September 2017

The China Development Bank (CDB) is willing to increase funding for conducting business between Chinese and Brazilian companies, said Zheng Zhijie, chairman of the bank, during a seminar in Beijing.

53rd edition of Maputo International Fair achieves its objectives

4 September 2017

The objectives of the 53rd edition of Maputo International Fair were achieved, said the director of the event, José Jossias, giving assurances that exhibitors and visitors were in agreement with his conclusions.

Macau gov’t grants subsidies to companies affected by typhoon Hato

31 August 2017

Micro, small and medium sized businesses affected by typhoon Hato in Macau have already begun to receive a subsidy of 50,000 patacas (US$6,250) to help them resume activity as quickly as possible, the Macau Economic Services Department (MES) indicated.

Financing of new Mozambican railway complete by June 2018

31 August 2017

Assembly of the financial envelope for the Moatize/Macuse railroad line project is expected to be complete in the first half of 2018, whereby the construction work should begin immediately, said Thai Moçambique Logística (TML) managing director Mamed Latif.

China Three Gorges group pondering investments in Africa with associate Energias de Portugal

30 August 2017

The China Three Gorges (CTG) group plans to expand international investments together with EDP-Energias de Portugal, and Portuguese-speaking African countries may benefit if business opportunities are detected, the group’s vice-president said.

Concession company expands Moatize/Macuse railway line in Mozambique

29 August 2017

The future railway line between Moatize and Macuse in central Mozambique’s Tete and Zambézia provinces will be 120 km longer than originally planned, following a proposal from mining companies, said the head of Thai Moçambique Logística, the company awarded the concession for the infrastructure.

Mozambique’s Maputo International Fair begins with 26 countries participating

28 August 2017

The 53rd Maputo International Fair (FACIM), Mozambique’s biggest business fair, runs from today until 3 September, counting the participation of 1,940 national companies, 540 foreign ones and 26 countries, with Belarus attending for the first time, reports the Mozambican press.

Debt of the non-financial sector rises in Portugal to 726 billion euros

25 August 2017

Portugal's non-financial sector had debt of 726 billion euros at the end of the first half of the year, of which 317.7 billion euros was from the public sector and 408.3 billion euros from the private sector, the Bank of Portugal reported in in a statement in Lisbon.

Construction of the Commercial Cooperation Services Complex between China and Portuguese-speaking Countries begins this year

23 August 2017

Nine proposals were approved in the public tender for the contract to design and build the Service Complex for Commercial Cooperation between China and Portuguese-speaking Countries, according to the Land, Public Works and Transport Bureau.

Chinese group HNA expands business by buying shares in duty-free stores

22 August 2017

Chinese group HNA has acquired 16.2% of the Dufry group, raising its stake in the Basel-based group to 20.92%, which operates more than 2,200 duty-free and duty-paid stores in airports, ports, cruise ships, train stations and tourist areas, the Swiss group said on Monday.

Cabo Verde government pays arrears with the banking sector

22 August 2017

The Cape Verdean government is working to restore confidence, especially in the country's banking system, Finance Minister Olavo Correia said on Monday after signing a contract with the Caixa Economica de Cabo Verde bank for payment of arrears.

Cabo Verde Government continues to pay arrears

18 August 2017

The Government of Cabo Verde (Cape Verde) is continuing to pay off State debts with the signing on Friday in Praia of an agreement with the Caixa Económica de Cabo Verde bank that establishes the forms and conditions of payment of interest subsidies and of other debts, according to an official statement.

Get our latest news