Economic and Business Information

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.

2017-02-20

Last month’s FDI in Brazil was the highest in January since records began

Foreign direct investment in Brazil was US$11.5 billion last month, the Brasil news agency reports, citing the Brazilian central bank.

2017-02-20

Macao, Portugal to talk about co-operation in education

Members from the Macao-Portugal Joint Committee will discuss co-operation in education, the Macao Tertiary Education Services Office has announced.

2017-02-20

Mainland, Portuguese-speaking Countries discuss economic ties in Lisbon

A conference on economic relations between China and the Portuguese-speaking Countries will be held in Lisbon tomorrow, Lusa reports.