Economic and Business Information

2016-09-14

Pace of economic growth seems to be speeding up in Portugal

The Portuguese Ministry of Finance says the rate of growth of the economy is picking up, Reuters reports. “In the second half, signs of acceleration have already been visible, with exports and investment being the most dynamic components,” the report says.

2016-09-14

Brazil, Guangdong to mull ways to facilitate bilateral agricultural trade

Brazil and the mainland Chinese province of Guangdong have agreed to set up a working group to consider measures to facilitate bilateral trade in agricultural products, the Macauhub website reports.

2016-09-13

Chinese steelmaker plans US$3.5-bln investment in Brazil’s northeast

Mainland steelmaker China Brazil Xinnenghuan International Investment plans to invest US$3.5 billion to build a plant in Bacabeira in Brazil’s Maranhão state, according to a report by online news portal Macauhub.

2016-09-13

Chinese engineering group wins US$695.1-mln contract for roads to Angolan airport

China Tiesiju Civil Engineering Group Co, Ltd. will repair and build the road network connecting the new international airport to Luanda for US$695.1 million, Angolan newspaper O País reported last week.

2016-09-13

Macao, Portugal to build trade links and extend teaching of Portuguese

Macao and Portugal will work to improve the teaching of Portuguese, while strengthening co-operation in economic and trade matters, says the Macao Government.

2016-09-12

Mozambique prepares plan for duty-free industrial zone in Tete province

Mozambique’s government plans to build a 4,500-hectare duty-free industrial zone in Tete province, the Macauhub website reports.

2016-09-12

Angola’s Finance Ministry approaches Chinese banks for water supply funding

Angola will approach Chinese banks to provide finance to expand the water supply network in Luanda province, Portugal’s news agency Lusa reports.

2016-09-12

Chinese Academy of Sciences, Minho University discuss expanding ties

The Chinese Academy of Sciences and the University of Minho in Portugal’s north discussed expanding research ties last week, the Correio do Minho newspaper reports.

2016-09-09

Chinese exports rise 5.9 pct; imports up 10.8 pct in August

The value of mainland exports rose 5.9 percent last month in year-on-year terms, according to official data from the General Administration of Customs published by the government-run Xinhua news agency.

2016-09-09

East Timor signs on to join the Asian Infrastructure Investment Bank

East Timor says it has begun the process of joining the Asian Infrastructure Investment Bank (AIIB), the Portuguese news agency Lusa reports.

2016-09-09

Cape Verde in talks with mainland officials to introduce Mandarin at school

The government of Cape Verde wants to introduce Mandarin Chinese and Spanish language classes in schools, the Inforpress news agency reports.

2016-09-08

Investment opportunities open up in mainland as economic transition deepens says PE fund

Technology, media and telecommunications, and education present investment opportunities in mainland China, Xinhua reports.