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In a bid to consolidate its position in the Portuguese market, the digital neo bank fintech Revolut is to open a branch in Lisbon offering Multibanco, IBAN PT services and interest on deposits. [...]

TAP SA requested that the insolvency of Siavilo, formerly TAP SGPS, to be decided urgently at a court of justice on July 10 after informing the government of the same decision.   Currently, as [...]

New rental contracts signed in Lisbon in the second quarter of 2025 were -3.4% below the cost of rent charged during the same quarter in 2024 according to the Index of Residential Rents [...]

Portugal has more than 16,000 houses for sale priced at over €1 million, of which 2,400 cost more than €3 million. And almost all districts of mainland Portugal and the islands have at least one [...]

The TPS and Youropa groups are to demolish a dilapidated property that had been an iconic bicycle factory in Vilar founded in the 1920s in Porto, which will now make way for a 31-room hotel and [...]

The Regional Government of the Azores (PSD/CDS-PP/PPM) admitted on Thursday that the privatisation process of Azores Airlines – a SATA Group company – could be completed by September [...]

A technical think-tank which studies the benefits of tax applications has recommended that the government to put VAT on the restaurant sector back to 23%. The Portuguese Association of of Hotels, [...]

Portugal has strengthened its position on the European innovation panorama with the European Innovation Scoreboard 2025 (EIS) highlighting a sustained increase in innovation in the country across [...]

Álvaro Santos Pereira, an ex-Minister of the Economy (2011-2013) under a past PSD headed coalition government led by Pedro Passos Coelho, has been appointed the new governor of the Bank of [...]

Text: Chris Graeme; Photos: Fernando Bento (ICPT) Tourism is one of the great drivers of the Portuguese economy, representing 11% of the country’s GDP, hosting 32 million tourists per year [...]