Economic and Business Information

2017-04-12

Mozambique’s central bank cuts official interest rate by 50 basis points

The Banco de Moçambique has reduced the country’s official interest rate by 50 basis points, the bank has announced.

2017-04-12

Macao ready to further develop role as commercial and trade service platform

The Macao Government will enhance efforts to transform the SAR into a commercial and trade co-operation service platform for the Mainland and the Portuguese-speaking Countries.

2017-04-12

Results of Mainland co-operation are positive, says São Tomé and Príncipe leader

The results from the first few months of co-operation between Mainland China and São Tomé and Príncipe have been positive, says the country’s Prime Minister Patrice Trovoada.

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.