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        Author Archive for: "[email protected]"
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        By Christopher Graeme
        In Bi-lateral trade, Cooperation and collaboration, News
        Posted 12 Abril, 2024

        Portuguese and UK railway industry bodies agree partnership

        Two leading Portuguese and UK railway trade bodies have signed a Memorandum of Understanding at the British Ambassador’s Residence, in Lisbon, Portugal that will lead to greater co-operation and [...]

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        0
        By Christopher Graeme
        In Exports, News, Wine
        Posted 12 Abril, 2024

        Portuguese wine producers beef up presence in the US

        Portugal’s wine promotion organisation ViniPortugal has been carrying out a roadshow in the United States to drum up business and awareness of Portuguese wines. The US market grew 9.4% in the [...]

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        0
        By Christopher Graeme
        In Bank of Portugal, News
        Posted 12 Abril, 2024

        Bank of Portugal posts operational losses in 2023

        Portugal’s central bank, the Bank of Portugal, posted an operational loss of €1.0Bn in 2023 and is likely to suffer loses this year and will only break-even by 2025. The losses at the bank led by [...]

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        0
        By Christopher Graeme
        In News, Tax
        Posted 12 Abril, 2024

        Government to make tax slashes a priority

        Portugal’s new Aliança Democrática (AD) government has promised to bulldoze through nine election pledge measures “immediately” including lowering IRS tax, on housing, education and European [...]

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        0
        By Christopher Graeme
        In Chambers of Commerce, News
        Posted 11 Abril, 2024

        A reflection on 50 years of democracy: Portugal had made huge strides, but the State needs an overhaul says Porto business chamber boss Nuno Botelho

        Text: Chris Graeme Photos: ICPT Following the unprecedented crisis caused by the COVID-19 pandemic, Portugal’s recovery and resilience plan has responded to the urgent need to foster a strong [...]

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        0
        By Christopher Graeme
        In Companies, News, Sustainability
        Posted 10 Abril, 2024

        Aluline celebrates 20 years in Portugal

        Aluline, an international company that creates environmentally sustainable drainage and fats retention services for the hotels and restaurants sector, is celebrating its 20th anniversary in [...]

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        0
        By Christopher Graeme
        In Automotive, Companies, News
        Posted 10 Abril, 2024

        Stellantis nets 29.5% market share in Portugal

        The multinational automotive company Stellantis NV, formerly Fiat Chrysler Automobiles NV, formed as a result of merger with PSA Group, has managed to grow its market share in Portugal to 29%. [...]

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        0
        By Christopher Graeme
        In Co-work spaces, News, Offices
        Posted 10 Abril, 2024

        Monday to open co-work in Lisbon

        The Spanish company Monday, which specialises in co-work spaces, is to open an office in the centre of Lisbon in its first foray into the Portuguese market. The 4,500m2 co-work space in Marquês [...]

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        0
        By Christopher Graeme
        In Golden Visa, Investment Visas, News
        Posted 10 Abril, 2024

        Spain to axe Golden Visas scheme

        After Portugal effectively axing its money-spinning Golden Visa scheme except for a fund investment option, Spain has now announced it will do the same. Says the BBC, Spanish government ministers [...]

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        0
        By Christopher Graeme
        In News, Public Spending, Regulators and Supervisors, Watchdogs
        Posted 10 Abril, 2024

        Public spending watchdog predicts 1.6% growth for Portugal in 2024

        Portugal’s Council for Public Finances – an independent public spending watchdog – has predicted that Portugal’s economy will grow 1.6% this year. The CFP’s forecast is below the 2% [...]

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        Recent Articles
        • Cashouts in funds eligible for ‘Golden Visas’ surge at the start of the year; sector blames new nationality law
          Cashouts in funds eligible for ‘Golden Visas’ surge at the start of the year; sector blames new nationality law
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          Portuguese plan to dine out less over recession and cost of living fears
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          InvoiceXpress launches pioneering AI solution in Portugal that enables the management of entire invoicing process with Claude
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