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The suspension of new Local Accommodation licenses in all areas of Portugal except the interior regions and islands has been passed by the Portuguese parliament. The original proposal presented [...]

The Governor of the Bank of Portugal Mário Centeno believes that inflation should fall to below 3% by the end of the year. Centeno gave his opinion to Bloomberg after taking part in an economics [...]

The Aubay Group, a company that helps other companies nearshore their projects to Portugal, has been selected for the Euronext Tech Leaders Index which features technology leader companies [...]

The Technical Commission employed by the government to evaluate nine location choices for the new Lisbon international airport has defined five criteria that will decide the best option. Factors [...]

Novobanco is preparing a reorganisation of is asset management businesses in which it will concentrate the activities and assets of various management companies into one “super” manager that will [...]

Creditors are to decide if one of Portugal’s oldest construction companies SDCCAA, formerly known as Soares da Costa, is to be forced into liquidation. Soares da Costa had changed its name to [...]

The number of companies that declared insolvency increased 14% in the first half of the year with a total of 384 bankrupt companies, 85 more than in the same period in 2022. For the period, [...]

The number of tourists in Portugal skyrocketed by 131.4% in 2022 on 2021 but is still below 2019 numbers according to Portugal’s National Statistics Institute (INE). The number of non-resident [...]

TAP report makes 10 conclusions A 180-page preliminary report from a parliamentary inquiry into the way State-owned airline TAP has been managed in recent years, including when it was [...]

The findings of a parliamentary inquiry in Portugal discovered that between 2016 and 2022 the county’s airline subsidised school fees for four senior management figures ranging between €15,000 [...]