Economic and Business Information

2017-04-11

Portugal’s exports and imports increase in February

Portugal’s exports increased by 9 percent in year-on-year terms in February to €4.39 billion (US$4.65 billion) while the value of the country’s imports rose 8.9 percent from the same time last year to €5.14 billion, Statistics Portugal says.

2017-04-11

Economy primed to grow by 3-4 pct this year, says Cape Verde’s central bank

The economy of Cape Verde should grow between 3 percent and 4 percent this year, according to the country’s central bank, the A Semana newspaper reports.

2017-04-11

Mainland China appoints Jin Hongjun as Ambassador to Guinea-Bissau

Jin Hongjun is the new Chinese Ambassador to Guinea-Bissau, replacing Wang Hua, the Government-run news agency Xinhua reports.

2017-04-10

Prime minister of São Tomé and Príncipe schedules Mainland visit this week

São Tomé and Príncipe’s Prime Minister Patrice Trovoada begins an official visit to Mainland China tomorrow, where he will sign newly struck co-operation deals between the two nations, Lusa reports.

2017-04-10

Chinese firms want to buy Brazilian engineering firms: Chamber

Mainland corporations want to acquire engineering groups, and gain the rights to build and operate commercial railways in Brazil, Reuters reports.

2017-04-10

Portugal, Mainland agree to a series of measures to boost bilateral trade

Lisbon and Beijing have agreed to measures that remove some obstacles to bilateral trade, the Portuguese government has announced.

2017-04-07

Xi sends congratulations to Guterres, East Timor’s new leader

President Xi Jinping has sent his congratulations to the newly elected president of East Timor, Francisco Guterres, the Xinhua news agency reports.

2017-04-07

Mainland-led consortium acquires 90-pct stake in Petrobras’ gas pipeline unit

A consortium led by the China Investment Corp. has acquired a 90-percent stake in Nova Transportadora do Sudeste SA, the natural gas pipeline unit of Brazil’s Petrobras SA.

2017-04-07

Mainland, Mozambique seek stronger ties in agriculture and public works

Deputy Foreign Minister Zhang Ming and Mozambique’s President Filipe Nyusi have discussed strengthening bilateral cooperation in agriculture and public works, the AIM news agency reports.

2017-04-06

Passenger movements increase by 10.1 pct at Cape Verde’s airports

Cape Verde’s airports saw a 10.1-percent increase in passenger movements last year, A Semana reports.

2017-04-06

Mainland reopens its embassy in São Tomé and Príncipe

The Chinese Embassy in São Tomé and Príncipe has reopened after the resumption of diplomatic ties, the government broadcaster CCTV reports.

2017-04-06

Portugal calls for more Mainland investment in food and industrial sectors

The Portuguese government wants more Mainland Chinese investment in the manufacturing and agricultural sectors, the Lusa news agency reports.