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
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,
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
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
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
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’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
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,
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
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
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
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
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
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’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
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
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
Portugal’s direct investment in Portuguese-speaking African Countries (PALOP) and Timor-Leste (East Timor) fell 78 percent in 2013, according to figures released this week by the Bank of Portugal in Lisbon. The
In a statement filed with the Hong Kong Stock Exchange, the Chinese company said it it was offering 4.72 euros per share of ES Saude, a company that manages hospitals,
Ten years after he published the acclaimed “Portugal, Hoje: O Medo de Existir” (Portugal Today: The Fear of Existence), philosopher José Gil was in Macau earlier this week to talk
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