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Technology
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.
Finance
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.
Trade
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.
Tourism
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.
Technology
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.
Technology
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.
Industry
13 December 2023
China´s CITIC Dicastal to Invest EUR 180 million in Factory in Portugal
Chinese group CITIC Dicastal is preparing the construction of a factory of automotive components in Águeda, north of Portugal, in a EUR 180 million investment.
Energy
11 December 2023
EDP to Finance Clean Energy Projects in Mozambique and Other African Countries
EDP announced the allocation of a one million euros financing to 10 clean energy access projects in 5 African countries, including Mozambique, within the scope of the 'Access to Energy' fund.
Development
06 December 2023
China Focused on Pragmatic Cooperation With EU
China hopes to boost relations with the European Union, with a firm focus on pragmatic cooperation in the face of complex situations and severe challenges, its foreign minister Wang Yi said.
Industry
04 December 2023
Taiwan Cement Buys Stake in Portugal´s Cimpor for EUR480 million
Taiwan Cement has agreed to buy a 60 per cent stake in Cimpor Portugal Holdings for EUR480m, making the Portuguese firm a wholly-owned unit.
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