Portugal

Macau supports young entrepreneurs from China, the Portuguese-speaking countries and Macau

27 November 2017

The programme to promote exchange and trade cooperation of young entrepreneurs from China and the Portuguese-speaking countries launched by the Macau Economics Service (DSE) is intended to encourage young people to travel to Portugal to understand the local market, according to an official press release.

Railway between Tete and Zambezia, in Mozambique, will be 620 km long

27 November 2017

The twin-track railway that will connect the provinces of Tete and Zambezia in Mozambique will be 120 kilometres longer than initially expected, under an addendum to the original contract signed on Friday between the Government of Mozambique and Thai Mozambique Logistic.

Businesses from Portugal and China sign agreement for projects in Portuguese-speaking countries

24 November 2017

Public Companies from Portugal and China on Wednesday in Lisbon signed a memorandum of understanding for the development of transport infrastructure, roads and railways, in Portuguese-speaking countries, which may also include Brazil.

Luso-Chinese economic meeting in Portugal results in four protocols of cooperation

23 November 2017

An economic and trade meeting between entrepreneurs from China and Portugal, which took place in Lisbon, Portugal, has resulted in the signing of four protocols for cooperation in projects and 16 contact meeting, said the Macau Trade and Investment Promotion Institute (IPIM).

Groups from China invest in construction of grain silos in Brazil

22 November 2017

Investors from China have made a request to the Fumagalli group, in the Brazilian state of Paraná, to expand the project for the construction of silos for grain storage in the Brazilian state of Mato Grosso, said the president of the group.

Capital Market under discussion in Luanda, Angola

22 November 2017

The Angolan Capital Markets Commission (CMC) on Thursday in Luanda will hold the Capital Market Forum 2017, an initiative intended to stimulate this activity in Angola, with a focus on the equity market and collective investment, the CMC said in a statement.

Portuguese company interested in Cape Verdean shipyard company Cabnave

22 November 2017

Portuguese company Atlanticeagle Shipbuilding intends to compete in the privatisation of Cabo Verde's (Cape Verde's) shipyard company Cabnave - Estaleiros Navais de Cabo Verde, the chairman of the Portuguese company told Cape Verdean broadcaster Radio Morabeza.

Macau business delegation visits Portugal and Brazil

20 November 2017

A business delegation from Macau, made up of 30 people, on Saturday started a visit to Portugal and Brazil for exchange and to complete economic and trade negotiations, explore new business opportunities and cooperation in the area of productive capacity, among other things, according to official information.

New beer factory in Angola produces Portuguese brand Sagres

20 November 2017

Sociedade de Distribuição de Bebidas de Angola (Sodiba), which has as its shareholders the businesswoman Isabel dos Santos and her husband, Sindika Dokolo, has invested US$85 million in the construction of a brewery with capacity to produce 144 million litres per year in two filling lines, the Angolan press reported.

Angolan textile factory need 11,000 tonnes of cotton/year to work at full capacity

17 November 2017

Angolan textile company Alassola requires 11,000 tonnes of cotton per year so that in the first quarter of 2018 it can put its three production lines into operation, said the chairman of the company, Tambwue Mukaz.

Macau should improve relations with Portuguese-speaking countries

16 November 2017

Macau should endeavour to be a good services platform for trade cooperation between China and the Portuguese-speaking countries, in order to contribute to the national development strategy, the Chief Executive of the special autonomous region, Chui Sai On, said on Wednesday.

Textile Factory in Angola exports more cotton yarn to Portugal

16 November 2017

Angolan textile factory Alassola will send a second shipment of cotton yarn to Portugal, this time of 100 tonnes, to some of the best Portuguese textile companies, the company's chairman, Tambwe Mukaz said on Wednesday.

Portugal hosts 1st Cabo Verde Development Forum on Friday

16 November 2017

Cape Verde's prime minister, Ulisses Correia e Silva on Friday in Cascais, on the outskirts of the Portuguese capital, will open the 1st Cabo Verde Development Forum, a meeting organised by the Government of Cabo Verde (Cape Verde) and the consultancy firm Ernst & Young SA Portugal (EY), according to official information.

Mindelo hosts 21st edition of the International Cabo Verde Fair

13 November 2017

The 21st edition of the International Cabo Verde (Cape Verde) Fair (FIC) runs from 15 to 19 of November this year in the city of Mindelo, organised by the Windward and Leeward Chambers of Commerce under the motto "Cabo Verde, the Hub for West Africa," according to official information.

Thai chemical group buys company in Portugal

10 November 2017

Thai chemical group Indorama Ventures Limited (IVL) plans to acquire the assets of Artlanta PTA, a company which is located in the Industrial Complex of Sines in Portugal, including equipment, surface rights and work contracts, the group said in a statement issued on Thursday in Bangkok.

Trade between China and Portuguese-speaking countries rises 29.36% between January and September

9 November 2017

Trade between China and the Portuguese-speaking countries reached US$89.426 billion in the period from January to September, an annual increase of 29.36%, according to official Chinese figures released by Forum Macau.

BNU posts profit of US$70.5 million from January to September

9 November 2017

Banco Nacional Ultramarino (BNU) posted a profit of 564 million patacas (US$70.5 million) in the period from January to September, a year-on-year increase of 16.9%, according to a balance sheet published on Wednesday in the Official Bulletin of Macau.

Macau branch of Novo Banco becomes Well Link Bank

8 November 2017

New Macau bank, Well Link, opened on Tuesday at a ceremony held at the premises of the Bank of China, with Chief Executive Zhang Shengman announcing the opening of other branches "in good time" the local press reported.

Partners approve entry of the ExxonMobil group in the natural gas business in Mozambique

8 November 2017

Mozambican state oil andgas company ENH, Italian group ENI, South Korea's Kogas and Portugal's Galp Energia, the concession holders on the Area 4 natural gas block in the Rovuma basin, Mozambique, on Tuesday in Maputo, approved the entry in the consortium of US group Exxon Mobil, according to Mozambican daily newspaper Noticias.

Macau company acquires stake in media group in Portugal

7 November 2017

KNJ Investment, a Macau-based investment company, has acquired a 30% stake in the Global Media Group for 15 million euros, the Portuguese media group reported in a statement issued on Monday in Lisbon.

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