Economic and Business Information

2017-05-04

East Timor’s parliament approves new law to boost private investment

East Timor’s parliament has approved a new law designed to increase private investment, both local and from overseas, the government in Dili has announced.

2017-05-04

Portugal’s unemployment rate falls in March

Portugal’s unemployment rate fell to 9.8 percent in March, from 9.9 percent in February, data from the European Union’s Eurostat agency shows.

2017-05-04

Standard Bank de Moçambique lança serviço de pagamento de importações em yuan

O Standard Bank, em Moçambique, lançou um serviço de conversão de meticais – moeda moçambicana – para yuan – moeda chinesa – durante o pagamento de importações, de acordo com o jornal moçambicano Notícias.

2017-05-02

Mainland manufacturing PMI continues to expand last month

Manufacturing activity in the Mainland expanded for the ninth consecutive month in April, Xinhua reports. The Government-run news agency quotes data released on Sunday by the National Bureau of Statistics of China.

2017-05-02

Brazilian business confidence index at highest level since May 2014

The industry confidence index in Brazil has reached its highest monthly value since May 2014, Agência Brasil reports.

2017-05-02

Macao hosts Portuguese Poetry Recital Competition for Chinese universities

The Portuguese Poetry Recital Competition for Tertiary Education Institutions of China was held in Macao last month to promote the Portuguese literature and culture among students, the Macao Polytechnic Institute says.

2017-04-28

Online e-commerce giant Alibaba considers providing credit services in Brazil

Alibaba Group Holding Ltd. may offer credit to Brazilian businesses that purchase from its website, the Reuters news agency reports.

2017-04-28

Four Portuguese-speaking Countries to benefit from new import rules

Angola, Guinea-Bissau, Mozambique and East Timor will enjoy preferential treatment under new import rules approved by the Central Government, the China Briefing website reports.

2017-04-28

Portugal invests €1.7mln to promote tourism in Mainland China

The Portuguese government will invest €1.7 million on tourism promotion in Mainland China this year, the Jornal de Negócios reports.

2017-04-27

Mainland firm to install 7 hybrid power stations for €225 mln in Angola this year

Dongfang Electric Corporation, State-owned enterprise, will install seven hybrid power stations in Angola this year in a €225-million deal (US$245.6 million), Lusa reports.

2017-04-27

Mainland China is biggest source of foreign investment in Brazil this year

The Mainland is the single biggest foreign investor in Brazil this year, Xinhua reports. The government-run news agency cites data from Dealogic who have estimated that US$5.67 billion has been spent by Mainland interests on mergers and acquisitions in Brazil up to the middle of this month.

2017-04-27

Mainland China earmarks US$146mln for infrastructure in São Tomé and Príncipe

Beijing has earmarked US$146 million for São Tomé and Príncipe to build the infrastructure in deals agreed to earlier this month, the Macauhub website reports.