Economic and Business Information

2017-07-24

Brazilian govt reduces inflation forecast to 3.7 pct from 4.3 pct

The Brazilian government has lowered its inflation forecast to 3.7 percent from 4.3 percent, Reuters reports.

2017-07-24

Chinese firm wins deal to rehabilitate streets of Angolan city

Angola’s government has awarded China Railway 20 Bureau Group Co., Ltd. a US$21.7-million contract to rehabilitate the streets of Moçâmedes, the capital of the southwestern province of Namibe, Lusa reports.

2017-07-24

China’s employment conditions improve as vacancies increase and job seekers dry up

Employment conditions in Mainland China have improved in the second quarter of this year, according to a survey by the China Institute for Employment Research at Renmin University of China.

2017-07-21

Guinea-Bissau needs China’s support to grow, says Chamber of Commerce

Guinea-Bissau needs China’s technological, economic and financial support to facilitate economic development, according to the president of the Chamber of Commerce, Industry, Agriculture and Services of Guinea-Bissau.

2017-07-21

Seminar on intellectual property opens Mainland China to Portuguese-Speaking Countries

The Seminar on the Protection of Intellectual Property Rights for Macao and Portuguese-speaking Countries in Mainland China took place yesterday at the Center for Business Support of Macao.

2017-07-21

Brazil expects more investment from China interests: São Paulo mayor

China is Brazil’s most important business partner and São Paulo mayor João Doria expects more investments to flow, Xinhua reports.

2017-07-20

Chinese investors in market for Brazilian renewable energy assets

Investors from China may bid for the assets of renewable energy company Renova Energia SA and power generation assets owned by Light SA, Reuters reports.

2017-07-20

European Commission says Portugal’s economic progress ‘very impressive’

Portugal’s economic progress is “very impressive” with growth on target to reach 2.5 percent this year, according to Pierre Moscovici, European Commissioner for Economic Affairs.

2017-07-20

Mozambique GDP grows 1.8 pct in 1Q

Mozambique’s economy grew by 1.8 percent in the first quarter, Portuguese news agency Lusa reported, citing data from the Mozambique National Institute of Statistics.

2017-07-19

China Harbour Engineering wind US$195-mln deal to build recycling plant in Luanda

China Harbour Engineering Company Ltd. will build a solid-waste recycling plant in Luanda, worth US$195 million, the Lusa news agency reported.

2017-07-19

China and East Timor sign deal to co-operate on healthcare and education

Mainland China and East Timor will co-operate in the fields of healthcare and education, the Government-run news agency Xinhua reports.

2017-07-19

Guangdong says private-public partnerships could invest in Luanda province

Guangdong province wants stronger economic ties with Angola’s Luanda province, the Angola news agency Angop reports.