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Portugal
13 April 2023
Portugal aims to strengthen trade and investment ties with South Korea
Portugal´s prime minister, António Costa, wants to boost trade and investment ties with South Korea on the first visit by a Portuguese head of government to the Asian country since 2000.
07 April 2023
Portugal looking to boost tourism from China
Portugal´s Tourism Board (TP) wants to increase the length of stay of Chinese tourists in Portugal and encourage travel throughout the country, in addition to Lisbon.
03 April 2023
Portugal´s Madeira region refuses to ditch ‘golden visas’
The President of Portugal´s Madeira region, Miguel Albuquerque, has refused the requirement to abolish the Golden Visa scheme, despite the Government’s decision.
23 March 2023
Portuguese IT company Sistrade launches in China
Portuguese IT company Sistrade officially launched in the Chinese market at the Printing South China 2023 fair in Guangdong.
16 March 2023
Real estate investment in Portugal jumped 67 percent in 2022
Real estate investment in Portugal jumped 67 percent in 2022 to EUR 3.3 billion, according to a new report by real estate consultancy Savills.
08 March 2023
Portugal´s REN reports profit increase of 15% in 2022
REN, Portugal´s energy infrastructure company whose largest shareholder is China State Grid, reported a net profit increase of 15% YoY in 2022, to EUR 111.8 million.
06 March 2023
End of Portugal ‘Golden Visas’ leads to application rush in Hong Kong
Wealthy Hong Kong residents from overseas have rushed to apply for permission to live in Portugal amid fears their emigration plans could be dashed after the country said it planned to end its investment-linked visa scheme.
06 March 2023
Singapore’s GIC to invest EUR 1bn to acquire a stake in Portugal’s EDP Renovaveis
Singapore’s GIC has committed to investing EUR 1 billion to acquire a stake in Portugal’s EDP Renovaveis (EDPR), which is planning to raise equity to fund a EUR 21 billion expansion plan to invest in renewables.
02 March 2023
EDP launches EUR 1 billion capital increase to gain full control of EDP Brasil
EDP wants to buy the 44% of EDP Brasil that it does not control and to finance the offer it is preparing a capital increase of EUR 1 billion, 600 million of which will come from its largest shareholders, including the biggest, China Three Gorges.
28 February 2023
Millennium bcp reports 51% rise in net income to EUR 207.5 million
Millennium bcp, whose biggest shareholder is China´s Fosun, reported 51% rise in net income in 2022, to EUR 207.5 million.
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