FORUM | Northern Portuguese city equipped with 5G network

The city of Matosinhos, in the north of Portugal, has been covered by a 5G mobile phone network in a partnership between Portuguese company NOS and Chinese group Huawei,

Portugal-China ties best ever, says ambassador

Portugal’s relationship with China is the best it has ever been, according to an article penned by the Chinese ambassador to Portugal in the China Daily newspaper. “The bilateral relationship is,

Forum | China-Lusophone trade rises 1.17% in the first half of 2019

The value of trade between China and the Portuguese-speaking countries grew marginally by 1.17% year-on-year from January to June 2019 to $70.14 billion (566.9 billion patacas),

Forum | Macau professionals to visit Brazil in fourth quarter

Professionals from Macau are scheduled to visit Brazil in the fourth quarter of 2019 on an exchange with their Brazilian counterparts, including lawyers, the president of

Forum | Brazil wants to expand strategic partnership with China

The government of Brazilian President Jair Bolsonaro wants to strengthen and expand trade ties between Brazil and China, which is the message that Vice President Hamilton

Forum | Chui given ‘Key to the City’ in Porto visit

Chief Executive Chui Sai On and the Mayor of Porto, Rui Moreira, signed a memorandum of understanding on Friday with the aim of promoting friendly relations

Swine fever in China creates an opportunity for Brazilian exporters

The outbreak of African swine fever in China and the resulting slaughter of the affected animals has led the government of the country to authorise imports

Forum Macau wants more tourist cooperation with member countries

Boosting exchange and cooperation in the areas of tourism, conventions and exhibitions is a key task in the framework of Forum Macau, the Secretary-General of the

Market regulator ends Three Gorges takeover bid for EDP

The applications for registration of the takeover bid for Portuguese power company EDP – Energias de Portugal and EDP Renováveis by the China Three Gorges group were

Huawei to provide telecom equipment to Mozambique

Mozambican telecoms company Tmcel will spend USD23 million on telecommunications equipment under a contract signed this week in Beijing with Chinese group Huawei, Mozambican state news

China-Lusophone trade up 15% in Jan, Feb

The value of trade between China and the Portuguese-speaking countries reached USD23.58 billion in the two months of January and February 2019, an increase of 15.6% year-

São Tomé and Príncipe to welcome 300 entrepreneurs at July meeting

About 300 entrepreneurs are expected to head to São Tomé and Príncipe to attend the 14th business meeting for economic cooperation between China and the Portuguese-speaking countries

Forum | Príncipe ports linked to the China Belt and Road initiative

The ports of Mozambique, Angola and São Tomé and Principe will be linked to the Chinese ‘Belt and Road’ initiative, which will have a “central hub”

Chui Sai On to visit Portugal in May

Chief Executive (CE) Chui Sai On is preparing for his third and final visit to Portugal as Macau’s top official in May, TDM Radio Macau reported. During the

Chinese group HNA sells stake in TAP – Air Portugal

The HNA group has divested the 9 percent stake that it indirectly held in the share capital of TAP – Air Portugal by selling its subsidiary Hainan

Forum | Cape Verde retains EU tax haven listing

The European Union added ten countries and territories to its blacklist of tax havens, including the United Arab Emirates, with Cape Verde remaining on the “grey

Macau youth visit Brazil to promote entrepreneurship

A delegation of representatives of youth associations, five higher education institutions and various youth entrepreneurs from Macau visited two cities in Brazil, according to the government’s Economic Bureau.

Forum | Portuguese environmental experience arrives at MIECF

The 2019 edition of the Macau International Environmental Cooperation Forum (MIECF) will benefit from Portuguese experience in environmental and green taxation, gathered during an exchange visit from

Angola nurtures ‘new alliances’ but preserves ties with China

Angola, under the leadership of President João Lourenço, has been forging “new alliances,” notably with Japan, but continues to prioritize ties with China and the Portuguese-speaking countries,

São Tomé and Príncipe | Portuguese company plans chicken production unit

Portuguese company Biaut – Automação Industrial is negotiating with the São Tomé and Príncipe authorities to set up a chicken production unit with an annual capacity of 30 tonnes

Angola | Gov’t approves 30 percent increase in minimum wage

The national minimum wage for the private sector in Angola has been increased by 30 percent, pending publication of the respective presidential decree in the country’s official

Angola to close trade representations abroad, including Macau

Angola’s trade representations abroad will be closed by February 28 following an order issued by the Ministry of Trade and signed by Minister Jofre Van-Dúnem Júnior.

São Tomé and Príncipe | China negotiations for port construction are ‘advanced’

Negotiations with China for the construction of a “multipurpose” commercial port in São Tomé and Príncipe “are at a very advanced stage,” São Tomé’s Minister of Public Works and

East Timor | Non-oil economy expected to grow by 5 percent

The growth rate of East Timor’s non-oil economy is expected to be around 5.0 percent by 2019, after two years of political uncertainties that have negatively affected

Angola wants to be self-sufficient in food products

The Angolan government wants the Program to Support National Production, Export Diversification and Import Substitution (Prodesi) to be the turning point for increasing domestic production and making

Mozambique | Economic growth in 2019 practically unchanged compared to 2018 – EIU

Mozambique’s economy is expected to remain unchanged in 2019, with Gross Domestic Product (GDP) growth falling by 10 basis points compared with 2018 to 3.4 percent, according

China, Brazil resolve commercial dispute over chicken meat

China’s Ministry of Commerce has accepted a proposal from Brazilian poultry exporters to end a dispute over dumping, a lawyer at MPA Trade Law told Reuters this

Angola | Economy contracted by 1.6pct in the third quarter of 2018

Angola recorded a 1.6 percent economic contraction in the third quarter of 2018 and ended the year with an inflation rate of 18.6 percent, the National Statistics

More shipping connections between Cape Verde, Portugal

Boluda Lines, the shipping company of the Boluda Corporación Marítima group from Canarias, on February 1 will increase the frequency of shipping connections between Portugal, Spain and

Angola | Agreement with IMF gives credibility to reform process

Angola’s agreement with the International Monetary Fund (IMF) will make the ongoing reform process in the country more credible, the minister of state for economic and

São Tomé and Príncipe returns to previous standard time

The São Tomé and Príncipe government restored the country’s standard time on January 1, when clocks moved from 2:00 am to 1:00 a.m., putting an end

More demand from China increases soy exports from Brazil

In 2018, Brazil exported a record 83.8 million tonnes of soybeans, an increase of 23.1 percent when compared to 2017, the Foreign Trade Secretariat of the

Angola | President concludes state visit to Lisbon with multiple agreements

The Angolan president returned to Luanda on Sunday, after a three-day state visit to Portugal in which the two countries signed a set of 13 cooperation

Mozambique | Public debt in 2018 is expected to exceed GDP

Mozambique’s public debt is expected to reach 102.5 percent of gross domestic product (GDP) at the end of the year, with the economy likely to grow by

Angola wants to increase bilateral cooperation with Portugal

The Angolan President will seek to increase the level of bilateral cooperation with Portugal during an official visit to the country from November 22 to 24,

MACAU DAILY TIMES