30 April 2020
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.
21 April 2020
The 2020 Lines of Government Action, the first presented under the new chief executive, Ho Iat Seng, essentially retain that central role and opens new avenues for their development, like a Renminbi-denominated stock market and e-commerce platforms.
21 April 2020
The Portuguese Government considers nationalising the company, where it already has half of the capital, but its private shareholders are pushing for a cash infusion, from a financial consortium which could have Chinese capital.
28 January 2020
Chinese companies like JinkoSolar and BYD are rapidly increasing their solar module manufacturing capacity in Brazil, despite the anti-environmental stance of President Jair Bolsonaro, with a range of Brazilian state organisations and regulators supporting the renewable energy boom that looks set to revolutionise power production in South America’s biggest country.
14 January 2020
Production is higher than ever but the latest of Brazil's oil licensing round attracted very little interest from the foreign firms, suggesting that the boom may be short-lived, unless either the government improves the investment regime or international oil prices rise substantially.
03 August 2019