Economic and Business Information

2015-04-28

Mozambique’s GDP to grow 6.5 pct in 2015: Standard Bank

South Africa-based Standard Bank, one of the top banks in Africa, predicts Mozambique’s Gross Domestic Product (GDP) to grow by 6.5 percent this year, Portuguese news agency Lusa reports.

2015-04-28

Brazil economy to rebound in second half: Minister

Brazil’s Planning Minister Nelson Barbosa on Monday said he expects the country’s economy to start recovering in the second half of the year.

2015-04-28

Angola, China can deepen co-operation on infrastructure: Minister

Angola’s Foreign Minister Georges Chikoti says his country needs to build more roads and airports, a task that China can help accomplish.

2015-04-27

Confucius Institute centres open in Portugal, Brazil

Two new Confucius Institute centres opened last week in Portugal and Brazil respectively.

2015-04-27

Cape Verde’s GDP up 2.7 pct in 2014

The gross domestic product (GDP) of Cape Verde increased by 2.7 percent in 2014, according to preliminary data from the country’s National Institute of Statistics.

2015-04-27

China and Brazil govts meet to strengthen bilateral ties

Preparatory meetings for the upcoming China-Brazil High-Level Coordination and Cooperation Committee session were held last week in Brasilia. The goal was also to strengthen bilateral ties, China’s Ministry of Commerce said in a statement.

2015-04-24

China’s flash PMI falls to 49.2 in April

A gauge of China’s manufacturing activity fell to a 12-month low in April, suggest preliminary figures of a private sector survey, underscoring the need for more easing policies from the Chinese Government, analysts say.

2015-04-24

Strong Sino-Portuguese economic ties essential: Portuguese Banking Association

The Chairman of the Portuguese Banking Association, Fernando Faria de Oliveira, said it is “extremely important” for Portugal to strengthen economic relations with China.

2015-04-24

Chinese company trains young Angolans

Chinese company Citic Ltd is helping train young Angolans that find it hard to pay for academic and professional education. So said Figo Han, Deputy Director-General of the BN-Angola Vocational Training Centre, which is managed by the Citic Group.

2015-04-23

BNU’s Hengqin branch to promote business between China and Portuguese-speaking Countries

Banco Nacional Ultramarino (BNU) plans to open a branch on Hengqin Island in 2016 to promote businesses between China and Portuguese-speaking Countries, the bank’s chief executive, Pedro Cardoso, told Portuguese news agency Lusa.

2015-04-23

Mozambique, Timor to have best growth among Portuguese-speaking countries: IMF

The economies of most of the Portuguese-speaking Countries are expected to grow this year, says a new report from the International Monetary Fund (IMF).

2015-04-23

China would welcome Portugal to ‘One Belt, One Road’ initiative: Ambassador

China would “sincerely welcome” Portugal’s participation in the “One Belt, One Road” initiative, said Chinese Ambassador to Portugal, Huang Songfu.