Economic and Business Information

2017-02-24

Brazil working on high-level plan to entice more Mainland visitors, says chamber

Brazil is working to promote itself as a more attractive tourist destination for Chinese travellers, the Mainland government-run CCTV reports.

2017-02-24

Mainland team to start work at Guinea-Bissau biomass power plant next month

Preliminary work to build a Mainland-backed biomass power plant in Mansoa, in Guinea-Bissau, will begin next month, the Macauhub website reports.

2017-02-24

Mainland China biggest export market for Portuguese beverage maker Unicer

Mainland China was the leading destination for exports of beer, wine and soft drinks from Unicer Bebidas de Portugal, SGPS, SA last year, Público reports.

2017-02-23

Tourism revenue for Angola’s Moxico province grew by more than 50pct in 2016

Revenues from tourism in Angola’s Moxico province reached 19.79 million kwanzas (US$119,463) last year, up by more than 6.75 million kwanzas from 2015, Angop reports.

2017-02-23

Mozambique lowers limit on investment visas to amounts above US$500,000

Mozambique has approved a law that eases restrictions on investment visas, the Mozambican news agency AIM reports.

2017-02-23

Already the Mainland’s fifth biggest shoe supplier, Portugal sees opportunity

Portugal is the fifth biggest supplier of footwear to Mainland China and it should rise in the rankings, Diário de Notícias reports.

2017-02-22

Mainland leaders will ease limits on foreign investment, says Commerce Minister

Beijing will continue cutting red tape to help drive foreign investment, Xinhua reports. The state-run news agency reported the comments of Minister of Commerce Gao Hucheng. Last month saw a 9.2-percent year-on-year decline in foreign direct investment (FDI).

2017-02-22

Portugal’s president predicts ‘significant deepening’ in Mainland ties this year

Mainland China and Portugal may enjoy “a particularly significant year for the deepening of relations”, according to Portuguese President, Marcelo Rebelo de Sousa.

2017-02-22

Mozambique’s planned new airport to be financed by Mainland’s Exim Bank

The government of Mozambique will build a new airport in Xai-Xai, the capital of Gaza province, with finance provided by the Export-Import Bank of China, the Diário de Moçambique reports.

2017-02-21

Brazil starts process to open up its oil refineries to foreign investment

The Brazilian government will draft new legislation to attract foreign investment in oil refining, the Brasil news agency reports.

2017-02-21

Leading Portuguese tourism association to hold annual congress in Macao

Macao will host the 43rd National Congress of the Portuguese Association of Travel and Tourism Agencies from November 23-27, the Macao Government Tourism Office has announced.

2017-02-21

Mainland contractors wrap up repairs to Guinea-Bissau sports stadium

Repairs and upgrades to the Estádio Nacional 24 de Setembro football stadium in Guinea-Bissau have been completed, Macauhub reports.