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Portugal
15 May 2020

Chinese financial group KWG drops out of deal to buy Angola´s BNI european branch
Chinese financial group KWG dropped out of a deal to buy the majority of the capital of Portugal-based BNI Europa, from Angolan bank BNI, led by banker Mário Palhares. According to BNI, KWG justified its decision with the context of uncertainty, caused by the covid-19 pandemic.
13 May 2020

Portuguese Port of Sines delays new EUR 600 million terminal project for 1 year 
The bid for the construction of the new Vasco da Gama terminal at Portugal´s Port of Sines has been delayed until April 2021, according to the administration. In the meantime, Sines is moving ahead with the expansion of the existing terminal, operated by PSA Singapore, and wants to created an agro-industry hub for agricultural companies from Brazil. 
12 May 2020

Portuguese-Chinese Chamber of Commerce and Industry rejects new association for SMEs
The Portuguese-Chinese Chamber of Commerce and Industry (CCILC) has loudly rejected a new Portugal-China trade association focused on small and medium-size enterprises (CCPC-PME). In a statement, CCILC calls the new association "untransparent".
11 May 2020

PortugalFoods Launches “Virtual Missions” to Taiwan, Singapore, Hong Kong and South Korea
With travel restrictions related to Covid-19 putting trade missions on hold, PortugalFoods, the "umbrella" brand of the Portuguese agrofood sector, is organizing "virtual missions", starting with Taiwan, Singapore, Hong Kong and South Korea.
11 May 2020

New Portugal-China Chamber of Commerce for SMEs
Adding to the Luso-Chinese Chamber of Commerce and Industry (CCILC), created in 1978, that represents the biggest companies and banks, a new chamber of commerce for small and medium-size enterprises (SMEs) of the two countries has now been created.
08 May 2020

Presidents of China and Portugal Vow to Deepen Cooperation After Covid-19
President Xi Jinping said Thursday, during a conversation with his Portuguese counterpart that  he expects that after the COVID-19 pandemic ends, the two sides will deepen cooperation, promote the joint construction of the Belt and Road (B&R),and push for greater development of the China-Portugal comprehensive strategic partnership.
06 May 2020

Emily Kuo Vong´s Foundation Donates Over 100 Ventilators to Portugal and Vows to Invest in the Country
Emily Kuo Vong, president of the International Cultural Club of Portugal (ICCP), has donated to Portugal´s Health Service (SNS) medical supplies including 100 Ventilators, to assist the country in its effort to deal with Covid-19. The supplies, CLBrief has learned, have already arrived in Lisbon, Portugal.
05 May 2020

Beijing Capital Airlines Sets New 22 May Date for Resuming Beijing-Lisbon flights
Beijing Capital Airlines (BCA) flights between Beijing and Lisbon, with stopover in Xi'an, are set to resume on 22 May, nstead of 24 April, as initially announced by the company.
04 May 2020

Announcement: Your New and Improved CLBrief Newsletter
Starting May 5th, a new and improved CL Brief e-mail newsletter will be available to all its readers, with timely, reliable and relevant information about business issues regarding the Portuguese-Speaking Countries (PSCs), China and other Asian economies.
30 April 2020

Banco Nacional Ultramarino and ICBC Macau partner for Portuguese-speaking countries
Banco Nacional Ultramarino bank and the Industrial and Commercial Bank of China (Macau) have signed a memorandum of understanding for the joint promotion of business between China and the Portuguese-speaking countries, according to a statement by the issuing bank.
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