Portugal is 6th European country to receive most investment from China

Portugal is on the list of European countries that received most investment from China in 2015, according to a study by the ESADE Business & Law School published in Spanish

Euro 2016| Portugal leaves it late again to beat Poland on penalties 

The Portuguese have been level after 90 minutes in every game this tournament, a run that continued today as Ronaldo and his teammates drew 1-1 with Poland after extra time, before

Mainland groups in Portugal lose over USD115 billion in market capitalization

Fosun International has performed worst in relative terms, depreciating by 29.8 percent on the Hong Kong Stock Exchange. In Portugal it controls the Fidelidade (insurance), Luz Saúde (health) and Redes

Angolan trader Mike (l) bargains with miss Zhou, a Chinese retailer in a wholesale market in Xiaobei Road, a commercial area in Guangzhou

Next October Portugal plans to reopen a Consulate General in Guangzhou, according to Portuguese daily newspaper Diário de Todos. The newspaper reported the joint order of the Ministry of Foreign Affairs

Latin American airlines compete to buy TAP

The newspaper said approval had been given to proposals from the business groups of US businessman David Neeleman, who controls Brazilian airline Azul in partnership with Portuguese businessman Humberto Pedrosa,

China UnionPay establishes agreement with Portugal’s Unicre

Until the establishment of this agreement signed Friday between the two companies, Chinese tourists had to subscribe to other payment services such as Visa or MasterCard in order to pay

Summit between Brazil and Portugal in June

The Luso-Brazilian summit will take place next June, on a date to be announced, said Tuesday in Lisbon the Vice President of Brazil, Michel Temer, during a meeting with the

Portugal | IMF advocates radical reform of the State

The International Monetary Fund recommended Tuesday that the Portuguese government should carry out radical reforms to the State, as well as to salaries and pensions, according to the report by

Portugal | Government puts railway companies up for sale

The decree-law for the privatisation of railway companies CP Carga and Empresa de Manutenção de Equipmaento Ferroviário (EMEF) is expected to be approved by the government of Portugal by the

Portugal | Public debt reaches 224.5 billion euros in 2014

Portugal’s public debt at the end of 2014 is expected to have stood at between 127.9 percent and 128.7 percent of gross domestic product (GDP), according to estimates from the

Portugal | Three Chinese groups interested in buying Novo Banco

Three of the 17 expressions of interest to buy Portuguese bank Novo Banco are from Chinese groups, a Portuguese newspaper Diario Economico said citing sources in the financial sector. The paper,

IMF questions sustainability of Portuguese public debt

The International Monetary Fund (IMF) questioned the sustainability of Portuguese public debt, in the face of economic weakening and relaxation of the deficit in the first post-program monitoring report, issued

Portugal and Angola study introduction of special visas

The Minister of State and Foreign Affairs of Portugal, Rui Machete, announced Monday in Luanda the intention to move ahead with a system of special visas for businesspeople, as part

British company says there is oil in Portugal

The deposits were using technology that detects natural resources by satellite and are expected to contain at least 1 billion barrels of oil, and another 30 percent more natural gas. The

Portugal’s financial sector arouses China’s interest

Chinese companies are now positioning themselves to acquire the main assets of the beleaguered Espirito Santo group, a part of the Portuguese banking system for over a century, with arms

Portugal | Gov’t announces sale of 66 pct of state airline TAP

The Secretary of State for Transport, Sérgio Monteiro, said after the meeting that as well as the airline all the group’s assets would be sold, including, for example, the maintenance

Energias de Portugal sells Brazil assets to China Three Gorges

Portuguese power company EDP – Energias de Portugal has sold half of the 66.67 percent stake held in Brazilian power company Empresa Energia São Manoel (São Manoel) to the subsidiary

Portugal | Corporate taxes reduced to attract foreign investment

Portugal’s proposed State Budget for 2015 includes a reduction of two percentage points on corporate tax – to 21 percent – in an effort to attract foreign investment, according to

Portugal | Foreigners invest 1b euros to receive golden visas

A statement issued Thursday by the office of the Minister of State and Foreign Affairs, said the government had made “a very positive assessment of the program,” launched on 8

Chinese are the foreigners who spend most in Lisbon

The Chinese are the foreigners from outside the European Union who spend most in Lisbon’s retail stores, beating Brazilians and above all Angolans, who for many years were the main

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