Economic and Business Information

2017-04-18

Chinese economic growth accelerates to 6.9 percent in Q1

The annual rate of growth in Chinese gross domestic product increased to 6.9 percent in the first quarter of this year, the fastest pace for 18 months, Xinhua reports, citing National Bureau of Statistics data.

2017-04-18

Macau Legend Development plans to invest more in Cape Verde

Gaming services company Macau Legend Development Ltd. intends to invest more in Cape Verde in banking, civil aviation and agricultural technology, Jornal Tribuna de Macau reports.

2017-04-18

São Tomé and Príncipe PM says Chinese financing in the pipeline

São Tomé and Príncipe Prime Minister Patrice Trovoada has said China will provide his country with what he described as ”significant funds” over the next five years, Lusa reports.

2017-04-13

Three Mainland firms table investments in Mozambique’s Maputo Province

Three firms have submitted proposals for infrastructure developments in Mozambique’s Maputo Province, Diário de Moçambique reports.

2017-04-13

Bank of China to open Angolan representative office in three months’ time

The Bank of China will open a representative office in Angola in August, the Portuguese news agency Lusa reports.

2017-04-13

Mainland, São Tomé and Príncipe to implement five-year co-operation plan

Mainland China is ready to implement a five-year bilateral co-operation plan with São Tomé and Príncipe, the state-run news agency Xinhua reports.

2017-04-12

Mozambique’s central bank cuts official interest rate by 50 basis points

The Banco de Moçambique has reduced the country’s official interest rate by 50 basis points, the bank has announced.

2017-04-12

Macao ready to further develop role as commercial and trade service platform

The Macao Government will enhance efforts to transform the SAR into a commercial and trade co-operation service platform for the Mainland and the Portuguese-speaking Countries.

2017-04-12

Results of Mainland co-operation are positive, says São Tomé and Príncipe leader

The results from the first few months of co-operation between Mainland China and São Tomé and Príncipe have been positive, says the country’s Prime Minister Patrice Trovoada.

2017-04-11

Portugal’s exports and imports increase in February

Portugal’s exports increased by 9 percent in year-on-year terms in February to €4.39 billion (US$4.65 billion) while the value of the country’s imports rose 8.9 percent from the same time last year to €5.14 billion, Statistics Portugal says.

2017-04-11

Economy primed to grow by 3-4 pct this year, says Cape Verde’s central bank

The economy of Cape Verde should grow between 3 percent and 4 percent this year, according to the country’s central bank, the A Semana newspaper reports.

2017-04-11

Mainland China appoints Jin Hongjun as Ambassador to Guinea-Bissau

Jin Hongjun is the new Chinese Ambassador to Guinea-Bissau, replacing Wang Hua, the Government-run news agency Xinhua reports.