News

The International Monetary Fund (IMF) painted a more rosy picture than the government’s for Portugal’s economic performance this year, predicting an 0.5% surplus with continuing modest surpluses [...]

After having invested almost €19 million in 2024 to become the majority shareholder in mining company Savannah, the Netherland’s company AMG Lithium, which owns the Boticas lithium ore mine in [...]

The use of banknotes has fallen in comparison to electronic and digital payment systems and applications and cards in Portugal, but nevertheless cash continues to dominate, present in half of all [...]

House prices went up in 19 of the 24 Portuguese municipalities with more than 100,000 inhabitants, with Funchal and Matosinhos leading the increases in the last quarter of last year, according to [...]

Feedzai, the Portuguese company that has developed an AI-native fraud and financial crime prevention platform, is to acquire the Australian company DemystData which has developed an external data [...]

Portugal’s startups attracted €82 million of investment to March this year, but it was half of the amount invested compared to 2024. In the first three months of the year, national startups [...]

Multinationals in Portugal pay salaries 61% higher than other companies with productivity 57% greater Productivity and average wages are higher in multinationals operating in Portugal compared to [...]

The trade war between the European Union and the United States could lead to Portugal’s overseas investment and promotion agency AICEP changing its overseas promotion plan. The agency says it is [...]

Portugal’s private national grid company REN – Redes Energéticas Nacionais, has acquired the Chilean electricity transmission company Transmisora de Energía Nacimiento (TENSA) for US$71.4 [...]

Portugal’s largest paper and paper pulp producer, The Navigator Company, has called the lack of progress in restoring and managing Portugal’s forests “shocking” and compromises the sustainability [...]