Portugal News
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ANGOLA, 2017/09/09
The project of deploying the initial submarine telecommunication cable in the South Atlantic ocean linking Africa to South America has been launched in Angola’s capital Luanda.
The launch of the fibre-optic South Atlantic Cable System (SACS) follows months of marine survey that was completed by multinational telecommunications company Angola Cables in April.
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AFGHANISTAN, 2017/09/09
Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010.
Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
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ALBANIA, 2017/08/27
The European gas market is becoming additional and additional competitive and US exports of liquefied natural gas (LNG) are part of this landscape, Francis Perrin, energy expert, chairman of Energy Strategies and Policies (France) told Trend.
“Energy is always a strategic business. Economic aspects are very significant of course, particularly the price of LNG, but nations as well take into account strategic issues. For some Central and Eastern European nations one of the key priorities of their energy policies is the diversification of their supplies, in particular gas imports, in order to reduce their dependence on Russia,” said the expert.
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PORTUGAL, 2017/08/22
Portugal's producer price inflation eased for the fourth consecutive month in July, figures from Statistics Portugal showed Friday.
Industrial producer prices climbed 2.2 % year-over-year in July, slower than the 2.8 % increase in June. The measure has been rising since December 2016.
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PORTUGAL, 2017/07/19
Americo Amorim, Portugal's richest man with business interests ranging from energy and finance to the world's major cork producer, Corticeira Amorim , died on Thursday aged 82, a company spokesman said.
He could not say what was the cause of death.
According to Forbes, Amorim's net worth was $4.8 billion and his biggest single investment an indirect 18 % stake in Portuguese oil company Galp Energia.
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PORTUGAL, 2017/07/19
Americo Amorim, Portugal's richest man with business interests ranging from energy and finance to the world's major cork producer, Corticeira Amorim , died on Thursday aged 82, a company spokesman said.
He could not say what was the cause of death.
According to Forbes, Amorim's net worth was $4.8 billion and his biggest single investment an indirect 18 % stake in Portuguese oil company Galp Energia.
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PORTUGAL, 2017/04/10
Portugal's foreign trade deficit increased in February from a year ago, figures from Statistics Portugal showed Monday.
The trade deficit rose to EUR 746 million in February from EUR 688 million in the corresponding month last year. In January, the shortfall was EUR 962 million.
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CHINA, 2017/01/23
A presentation session of the China-Portuguese Speaking Nations Cooperation and Development Fund and the investment framework for investment in Portuguese-speaking nations is due to take place on 25 January in Macau, organised by the Macau Institute for Trade and Investment Promotion (IPIM).
This session is co-organised by the Macau Economic Service, the Finance Services Bureau and the Macau Monetary Authority and support is provided by the Permanent Secretariat of the Forum for Economic and Trade Cooperation between China and Portuguese-Speaking Nations.
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AFGHANISTAN, 2016/12/11
A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.
The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
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MACAU, 2016/05/17
The Macau Institute for Trade and Investment Promotion (IPIM) will invite Portugal to be the partner country of the 21st edition of the Macau International equitable, IPIM’s Executive Director Gloria Batalha Ung said Thursday.
On the sidelines of a conference called “Ideas from Macau, Ideas from Europe,” Gloria Ung said that from this year onward a Portuguese-speaking country will be invited to take a additional active part and to gain wider exposure.
