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Portugal
24 January 2024
Fosun Committed to Portugal’s Millennium bcp Despite Stake Cut
China's Fosun has vowed to keep supporting the development of Portugal's Millennium bcp, despite having reduced its stake in the lender.
24 January 2024
China´s CALB EUR 2 billion Investment in Portugal Moving Ahead
China Aviation Lithium Battery Technology´s (CALB) project for a lithium battery factory in Sines, in Portugal, which is under public consultation.
17 January 2024
China´s On-line Retail Giants Shein and Temu Support Portugal´s CTT Growth in Spain
Portugal´s main mailing company, CTT, is growing in Spain, with the express deliveries of China´s on-line retail giants Shein and Temu.
11 January 2024
Portugal’s Revised Golden Visa Scheme to Boost Investment Funds
Foreigners who want to secure a "golden visa" in Portugal can now do it through investment funds, which now anticipate a boom in inflows, after buying property ceased giving residency rights.
10 January 2024
Portugal-Singapore Alliance for Innovation Launched
Portugal´s Minister of Foreign Affairs João Gomes Cravinho and his Singaporean counterpart, Vivian Balakrishnan, have launched the Portugal-Singapore Alliance for Innovation.
08 January 2024
Haitong Names Pan Guangtao New Chairman in Portugal
Haitong named Pan Guangtao as the new chairman of the board of directors for its investment bank in Portugal, keeping Wu Min as CEO.
08 January 2024
Non-European Buyers Boosting Portugal Property Market
Buyers from outside the European Union (EU) are more active in Portugal´s residential real estate market, with the number of transactions growing 8.7% year-on-year in the summer of 2023.
22 December 2023
Direct Flights Between Lisbon and China Increasing to Four Times a Week
The frequency of the only direct flight between Portugal and China is to increase to four times a week from the current two.
19 December 2023
Portugal Pressured not to Use Chinese Technology in Lisbon Port
The Portuguese government is under pressure from the United States for considering buying scanning equipment for the Port of Lisbon from China’s ‘partially State owned’ security company Nuctech.
19 December 2023
Portuguese ‘Unicorn’ Farfetch Bought by South Korea´s Coupang
Portuguese 'Unicorn' Farfetch, a partner of Alibaba, has been bought by South Korean e-commerce giant Coupang in a deal that will provide the online luxury giant with USD 500 million in emergency funding.
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