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Overseas residents and investors spent nearly €1Bn on doing up properties in Lisbon in 2021. The amount represents an increase of 20% on the previous best year in terms of renovations which had [...]

Portugal’s newly appointed Minister of the Economy and Sea has not ruled out charging an additional windfall tax on energy companies. António Costa Silva said last week that the government might [...]

Braga’s dynamic mayor Ricardo Rio was the guest speaker at the International Club of Portugal on Tuesday where he outlined just what makes this city special and why it has won so many [...]

Miguel Maya, the CEO of bank Millennium bcp said cutting staff was “perhaps the toughest process” that he has had to deal with in his professional life. In an interview with business daily [...]

Nestlé Portugal is to branch out into new coffee and vegan products in Portugal from this year according to the company. It is launching 446 new products, while the products it has launched over [...]

An extraordinary meeting of the Council of Ministers has approved a packet of emergency measures aimed at containing energy and foodstuff price inflation which has arisen as a result of the war [...]

The CEO of Novobanco, António Ramalho, decided to leave his post in August after strong and hostile criticisms of the way he has run the bank recently. It turns out he may have resigned after [...]

Portugal’s state-owned airline TAP has posted a record €1.599,1Bn loss for 2021. The loss which exceeded the €1.230Bn in 2020 was nevertheless below the €1.750Bn factored in for the airline’s [...]

AGEAS Tejo was voted the ‘Best Development of the Year’ and ‘Best Office Development’ by an independent jury at this year’s Portugal Property Oscars organised by Magazine Imobiliário. With over [...]

ViniPortugal, an organisation which has been promoting Portuguese wines overseas for 25 years, is to boost its investment in the US market where it expects sales to grow by two digits in 2022. [...]