Economic and Business Information

2016-02-23

Brazil’s economy shrank 4.08 pct in 2015: central bank

Brazil’s economy contracted 4.08 percent in 2015, said last week the nation’s central bank. The country’s economy posted a decline of 0.15 percent in 2014, according to the central bank.

2016-02-23

Lisbon to host six conferences on China in 2016

Portuguese capital Lisbon is to host six large conferences on China throughout 2016, Portuguese newspaper Diário de Notícias reported.

2016-02-22

Chinese investment boosts Portugal’s economic recovery

Chinese investment has helped Portugal continue its economic recovery in recent years, Chinese state-run broadcaster CCTV recently reported.

2016-02-22

Angola’s Minister of National Defence visits China

Angola’s National Defence Minister, João Lourenço, has started an official visit to China aimed at evaluating and enhancing bilateral co-operation, Angolan newspaper Jornal de Angola reported.

2016-02-22

Mozambican university officially opens degree in Chinese

Mozambique’s Eduardo Mondlane University officially opened last week a new degree course in Chinese, reports Chinese state-run broadcaster China Radio International (CRI).

2016-02-19

East Timor’s non-oil GDP up 4.3 percent in 2015

East Timor’s gross domestic product (GDP) excluding oil exports grew 4.3 percent year-on-year in 2015, according to estimates revealed by the International Monetary Fund (IMF) this week.

2016-02-19

A Hong Kong trade official to visit Portugal’s Algarve

An official of the Hong Kong Economic and Trade Office, Brussels, will meet local business people in the Portuguese region of Algarve next week, Portuguese newspaper Oje reported.

2016-02-19

China gives more than US$1.2-mln aid for Angola’s yellow fever fight

Aid worth more than US$1.2 million to tackle an outbreak of yellow fever has been ratified by the donor China and the recipient country Angola, reported Angolan news agency Angop. A signing ceremony was held on Tuesday in the African country’s capital, Luanda.

2016-02-18

China’s non-financial ODI up 18.2 pct in January

China’s non-financial outbound direct investment (ODI) surged by 18.2 percent year-on-year to US$12.02 billion in January, Chinese state-run news agency Xinhua reported this week.

2016-02-18

Number of hotel guests in Portugal rose 8.6 pct in 2015

Hotel establishments in Portugal welcomed a total of 17.4 million guests in 2015, up by 8.6 percent from the previous year, Statistics Portugal announced this week.

2016-02-18

Brazil’s Embraer signs long-term deal with Chinese airline

Brazil’s aeronautical conglomerate Embraer has signed a long-term agreement with China’s Colorful Guizhou Airlines, to supply to the latter “a comprehensive components repair package” for its fleet of aircraft.

2016-02-17

Mozambique raises interest rate to curb inflation

Mozambique’s central bank raised its benchmark interest rates this week in bid to curb inflation in the African country, the bank said in a statement.