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Portugal
02 January 2021
Portugal Gets EUR 45 Billion From EU For Post-Pandemic Stimulus
The EU has equipped itself with a new ‘Marshall Plan’, worth EUR 1.8 trillion, to tackle the pandemic economic crisis, with more than EUR 45 billion allocated to Portugal.
29 December 2020
Portugal’s Real Estate Developers Ready to Work With Government on ‘Modern’ Golden Visa Program
Portugal's Association of Real Estate Developers and Investors (APPII) says the end of the 'Golden Visa' program in the country's two main cities, Lisbon and Porto, will hurt foreign investment and is willing to work with the Government on 'modernizing' the scheme.
16 December 2020
Portugal´s Forall Phones Sold to ‘China-Linked’ Businessman
Forall Phones, an electronic equipment company from Portugal, was sold this week to a Portuguese private investor with connections to China, for an undisclosed amount.
06 December 2020
Indian Real Estate Group Sugee to Invest EUR 150 million in Portugal
Indian real estate developer Sugee intends to invest in Portugal around 150 million euros in housing projects starting next year.
03 December 2020
Portugal and Brazil Top Network Readiness Index Among Portuguese-Speaking Countries
Portugal, Brazil and Cabo Verde are the most "future-ready" societies among Portuguese-Speaking Countries (PSCs), according to the latest Network Readiness Index (NRI) report, which shows China rising in 5G and AI.
03 December 2020
Chinese-American Businesswoman Ming Chu Hsu to Invest in Hotel in Portugal
Honest Talents, owned by Chinese luxury real estate developer Reformosa, which is owned by the Chinese-American businesswoman Ming Chu Hsu, is investing in a Hilton Hotel in Cascais, Portugal.
30 November 2020
Portugal´s Port of Sines Keen on Taiwanese Tech Investment
Portugal´s deepwater port port of Sines wants to attract investment from Taiwanese technological companies, according to its officials.
30 November 2020
China´s CCC to Pay EUR 169.4 Million for Portuguese Builder Mota-Engil
Portuguese construction company Mota-Engil rallied on the stock exchange last Friday, after the conclusion of a strategic partnership and investment agreement with China Communications Construction Company (ACPC).
26 November 2020
E-Commerce Users in Portugal Grow at Fastest Rate in 18 Years
The increase in the number of e-commerce users in Portugal this year is the fastest in 18 years, with the pandemic accelerating the trend, according to the National Statistics Institute (INE).
24 November 2020
Portugal´s EDP and Brazilian Embraer to Launch Electric Aircraft in 2021
Portugal-based energy group EDP and Brazilian airframer Embraer are teaming up to conduct research into electric aircraft technology, and expect to achieve first flight in 2021.
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