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        News

         AICEP approves €300 million industrial investment package for four companies
        0
        By Christopher Graeme
        In AICEP, Economy, Investment, News, Portugal RRP
        Posted 29 Abril, 2025

        AICEP approves €300 million industrial investment package for four companies

        Portugal’s overseas investment bureau AICEP has approved a €300 million package to support four companies – Coloplast, Biotek, Presh and Testo, creating 152 new jobs and securing the [...]

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         Polls show AD on course for landslide on May 18
        0
        By Christopher Graeme
        In 2025 General Election, News, Polls
        Posted 29 Abril, 2025

        Polls show AD on course for landslide on May 18

        The current AD caretaker government looks set to win an absolute majority on election day on May 18 if the latest polls are anything to go by. The latest poll from Pitagórica for Jornal de [...]

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         Portugal plunged into chaos over power outage
        0
        By Christopher Graeme
        In Electrical and Transport Systems, Electricity and Gas, Energy, MIBEL, News, Opinion, REN
        Posted 29 Abril, 2025

        Portugal plunged into chaos over power outage

        The rumour mill went into overdrive on Monday after Portugal was thrown into chaos yesterday morning, the blame appointed to everything from a Russian-backed cyber attack, a rare atmospheric [...]

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         IMF optimistic for Portugal in 2025 with 0.5% surplus forecast
        0
        By Christopher Graeme
        In Bank of Portugal, Economy, IMF, News, Surplus
        Posted 23 Abril, 2025

        IMF optimistic for Portugal in 2025 with 0.5% surplus forecast

        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 [...]

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         AMG to invest €10 million on lithium mining in Portugal
        0
        By Christopher Graeme
        In Lithium batteries, Lithium ore mining, Mining, News
        Posted 23 Abril, 2025

        AMG to invest €10 million on lithium mining in Portugal

        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 [...]

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         Cash still king for everyday transactions but falling for the under 40 age groups
        0
        By Christopher Graeme
        In Money, News, Payment services, Payment systems
        Posted 23 Abril, 2025

        Cash still king for everyday transactions but falling for the under 40 age groups

        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 [...]

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         House prices up in 19 out of 24 municipalities
        0
        By Christopher Graeme
        In House prices, Housing market, News, Property
        Posted 23 Abril, 2025

        House prices up in 19 out of 24 municipalities

        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 [...]

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         Portugal’s Feedzai to acquire Australia’s DemystData
        0
        By Christopher Graeme
        In Acquisitions, Companies, Cybersecurity, News, Unicorns
        Posted 23 Abril, 2025

        Portugal’s Feedzai to acquire Australia’s DemystData

        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 [...]

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         Venture capital investment in Portuguese startups plummets by 50%
        0
        By Christopher Graeme
        In Investment, News, Start-Up, Venture Capital
        Posted 23 Abril, 2025

        Venture capital investment in Portuguese startups plummets by 50%

        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 [...]

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         Multinationals in Portugal pay salaries 61% higher than other companies
        0
        By Christopher Graeme
        In Companies, Multinationals, News, Salaries
        Posted 22 Abril, 2025

        Multinationals in Portugal pay salaries 61% higher than other companies

        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 [...]

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