Global winners — the future of Portugal’s startup ecosystem
The technology sector is perhaps one of the few areas of Portugal’s economy which has survived the economic consequences of the Covid-19 pandemic intact. The challenge now for Portugal’s growing [...]
TAP to slash staff and salaries in a bid to save the airline
The senior management at Portugal’s national airline TAP is to slash staff salaries by 25% in a bid to save the company from going under. They say that the company must make “heavy and [...]
Madeira, Lisbon and Algarve voted best destinations in the world
Madeira continues to be the Best Island Destination in the World according to judges at the 2020 World Travel Awards which also distinguished Lisbon as the Best City Break Destination in the [...]
Hilton to open three hotels in Portugal
The US hotel chain Hilton is to open three new hotels in Portugal as part of its continued expansion plan for the country. Despite the Covid-19 pandemic, which has devastated the tourism industry [...]
Parliament blocks €476 million for Novo Banco
The Portuguese parliament has voted to cancel a €476 million transfer from the bank’s Resolution Fund to Novo Banco. So what are the options now? The decision effectively calls into question the [...]
Mapping out new trends — business and risk
The Covid-19 crisis is having a huge impact on Portuguese companies, particularly small ones in the events, tourism and hospitality sectors with many expected to close their doors by next year [...]
Banking sector Novo Banco jitters
The Portuguese parliament’s decision to block a €476 million cash transfer from the state-backed Resolution Fund has sent shivers through Portugal’s banking system. The Resolution Fund, which [...]
GoWithFlow wins best ‘Clean Technologies Startup and 4.0 Industry’ award 2020
GoWithFlow, the Portuguese startup that created the first Sustainable Mobility Management solution has won the awards for the best ‘Clean Technologies Startup and Industry 4.0’ in 2020 from [...]