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A windfall tax on energy company profits made incidentally because of inflation caused by a lack of supply and increased demand will be introduced by the government. The tax on extraordinary [...]

Over one-half of the ‘bazooka’ funds set aside to help the economy recover from the effects of Covid-19 has already been earmarked. However, the money is taking its time reaching the accounts of [...]

Portuguese airline TAP may have to pay compensation costs to BMW because it had already signed a contract for the long-lease of 79 vehicles for its board members and senior management figures. [...]

CorPower Ocean and Maersk Supply Service have successfully installed a 6.2 km subsea export cable off the coast of northern Portugal to energise the flagship HiWave-5 Project. The 100-tonne cable [...]

Hoteliers are against plans by municipal councils in the Algarve to reintroduce the ‘tourism tax’ and even increasing it. The Algarve Resident reports that the idea was put forward by the [...]

Funds will continue to be an attractive haven for capital investors despite the fact that interest rates have gone up. This is according to Pedro Coelho, the Vice-President of Square AM that [...]

Portugal’s finance minister will deliver Portugal’s Proposed State Budget for 2023 today (Monday 10 October) with a €3.8Bn raft of financial and other provisions to act as a buffer to [...]

INCREASED TOURISM DEMAND IS ALREADY PUSHING PORTUGAL’S INADEQUATE TRAVEL INFRASTRUCTURE BEYOND CURRENT CAPABILITIES. IMPROVING ACCESS BY AIR, SEA AND RAIL WILL BE A CHALLENGE FOR THE GOVERNMENT [...]

The Portuguese startup Networkme, which has created a platform to help young people choose the right career to follow and hook up with companies looking for their specific skills match, has just [...]

The Governor of the Bank of Portugal has called for the urgent application of RRP funds warning that Portugal runs the risk of missing the boat in terms of gaining a competitive edge and [...]