News

The cost of building new homes in Portugal increased 3.4% in May in like-for-like terms on the same month in 2023, +0.1% more than in April according to the National Statistics Institute. (INE) [...]

Industrial business turnover in Portugal suffered a like-for-like fall of 2.6% in May after having posted a zero variation for April according to data from the National Statistics Institute. [...]

The Portuguese Association of Shopping Centres (APCC) has warned that any restrictions on opening hours would have a “drastic impact” resulting in a fall in economic activity and job losses. The [...]

The President of the Portuguese Association of Insurers, José Galamba de Oliveira has said that the National Health System (SNS) is “irreplaceable” and that health insurance should be seen as [...]

The President of the Algarve tourism bureau Turismo do Algarve has called on TAP to strengthen national and transatlantic links from the Algarve with the hope it will become a “reality in the [...]

China’s Haitong Bank has opened a lawsuit against Novobanco over irregularities in the sale of former Banco Espírito Santo Investments (BESI) in 2014 in a €380 million deal. The Chinese banking [...]

Saudi Telecom, which was in the running to buy Altice Portugal, has now pulled out of the race after negotiations stalled. Saudi Telecom had been looking for a Portuguese partner for the [...]

Cybercrime not only affects Portugal’s businesses, costing companies millions each year; it has the potential to destroy lives as the guest speaker at a lunch-debate organised by the [...]

Indaqua, which holds water concessions in Portugal, supplying over 800,000 consumers in 10 municipalities, particularly in the North of Portugal is to enter the competition for a concession from [...]

Portugal’s competition authority has definitively rejected a take-over bid by Vodafone to buy telecoms company Nowo. “The Autoridade da Concorrência (AdC) has decided not to authorise the [...]