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    Archives

    Monthly Archive for: "Setembro, 2020"
     Ibersol records €33.4 million loss in 1st half
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    By Fernando Caetano
    In Brands, Companies, News, Restaurants
    Posted 30 Setembro, 2020

    Ibersol records €33.4 million loss in 1st half

      Ibersol, owner of fast-food chain brands like KFC, saw €33,4 million in losses in the first half of 2020, a figure that compares with a net result of €600,000 euros recorded in the same [...]

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     Made in Portugal plane to create 1200 jobs
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    By Fernando Caetano
    In Aviation, Companies, Economy, Industry, News
    Posted 30 Setembro, 2020

    Made in Portugal plane to create 1200 jobs

    Up to 1,200 jobs will be created in Évora thanks to a contract to manufacture the new ATL-100 plane. It will be the first plane to be completely made in Portugal and will come in both civilian [...]

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     Portugal will draw on EU’s €15.3Bn in recovery plan
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    By Fernando Caetano
    In Diplomacy, Economy, Investment, News
    Posted 30 Setembro, 2020

    Portugal will draw on EU’s €15.3Bn in recovery ...

    Portugal will fully draw on €15.3Bn in EU subsidies earmarked for the country. However, its Prime Minister António Costa said it would not, for the time being, use up other funds in the form of [...]

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     Strategic Plan for Sines Port unveiled
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    By Fernando Caetano
    In Administration, Economy, Expansion, Exports, News
    Posted 30 Setembro, 2020

    Strategic Plan for Sines Port unveiled

    A Strategic Plan for the Administration of the Port of Sines for 2020-2025 was unveiled today (Wednesday 30 September). The presentation took place in the presence of the Portuguese Minister of [...]

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     Minister of Agriculture at ICPT
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    By Fernando Caetano
    In Events, News
    Posted 28 Setembro, 2020

    Minister of Agriculture at ICPT

    The Portuguese Minister of Agriculture, Maria do Céu Antunes will address business leaders and members of the International Club of Portugal (ICPT) on the theme of ‘Food and Health – [...]

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     How will post-Brexit bank account changes affect UK citizens in Portugal?
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    By Fernando Caetano
    In Banks, Brexit, In Focus, News
    Posted 28 Setembro, 2020

    How will post-Brexit bank account changes affec...

    The end of the Brexit transition period is looming and the UK has so far failed to negotiate a trading deal with its European partners in the EU. Now, several UK banks say that they will withdraw [...]

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     Novo Banco: State commitments must be met says ABP
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    By Fernando Caetano
    In Banks, News
    Posted 28 Setembro, 2020

    Novo Banco: State commitments must be met says ABP

    The president of the Portuguese Banking Association says that the Resolution Fund should continue to inject money into Novo Banco because “State commitments should be met.” In an interview with [...]

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     Savannah looks to mine 30,000 tonnes of lithium from 2022
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    By Fernando Caetano
    In Companies, Economy, Energy, Environment, Industry, News
    Posted 28 Setembro, 2020

    Savannah looks to mine 30,000 tonnes of lithium...

    The British mining company Savannah is looking to mine around 30,000 tonnes of lithium per annum from 2022. David Archer, CEO of Savannah Resources told ECO online that lithium production at the [...]

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     Golden Visa programme needs facelift says property developer
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    By Fernando Caetano
    In Development, Economy, Golden Visa, News
    Posted 28 Setembro, 2020

    Golden Visa programme needs facelift says prope...

    Portugal’s Golden Visa scheme needs a major makeover to make it relevant to the Portuguese Government, the country’s investment needs and the current economic climate says a leading property [...]

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     Don’t tell us what to do Portugal tells US in China trade row
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    By Fernando Caetano
    In Business, Companies, Diplomacy, Exports, News
    Posted 28 Setembro, 2020

    Don’t tell us what to do Portugal tells U...

    The Portuguese Government has issued a polite but stern rebuttal to the United States that it will not bow to pressure over its economic and foreign policy concerning China. In response to a [...]

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