Archives

TAP has now decided not to sign a long-term leasing contract with BMW for a new fleet of top-of-the-range cars following mounting political pressure, including comments from the President of the [...]

US Biopharmaceutical company Amgen is to invest €100 million in a hub in Portugal that will eventually create 300 new job posts. The Amgen Capability Center Portugal (ACCP) has already hired 170 [...]

House prices in Portugal are rising faster than any other country in the European Union fuelling fears of a speculative bubble. Prices rose 13.2% in the second quarter of this year, +3.3% on the [...]

House-hunters from the United States of America were the number one nationality searching for homes in Portugal in the third quarter of 2022, and Americans are now the top applicants for [...]

Portugal Ventures, a State-owned venture capital investment company that helps promising startups in areas such as tourism, turned at €12 million profit for 2021 after making losses. The company, [...]

Portugal’s airline TAP has decided to renew its fleet of cars by leasing top-of-the-range BMWs with a showroom cost of between €52,000 and €65,000. The airline has justified its decision to rent [...]

Portuguese mutualist bank Montepio has announced it will sell 100% of its shareholding in Finibanco Angola. The purchaser is Nigerian banking group Access Bank, an entity that is 100% held by [...]

The daily charges for luxury guest houses or Local Accommodation hit a record of €300 per day in July in Porto and Lisbon. In Lisbon this price was seen in the downtown Baixa where a night in [...]

Banco Espírito Santo and its replacement Novobanco are the financial institutions that have most benefitted from public funds since 2008. Over 14 years they have received around €8.3Bn from the [...]

On November 3 the International Club of Portugal will host a ‘A CHRISTMAS DINNER’ which will also include musical and artistic entertainments which promise to make this a lively and fun night to [...]