2015-07-30
Angola’s central bank has raised its benchmark interest rate for the second time in consecutive months. It said the aim is to curb inflation and boost the local currency amid falling world prices for oil, a major export of the African country.
2015-07-30
The President of the Portuguese state organisation AICEP Portugal Global – Trade & Investment Agency, Miguel Frasquilho, is on a visit to China, Portuguese news agency Lusa reported. The aim, he said, is to “broaden China’s interest in the Portuguese market”.
2015-07-29
U.S. automaker General Motors (GM) on Monday said it would invest US$5 billion with China’s state-owned carmaker Shanghai Automotive Industry Corp, to develop jointly small vehicles for emerging markets including Brazil.
2015-07-29
East Timor’s Prime Minister, Rui Maria de Araújo, has called for foreign investments in the country’s tourism sector in order to diversify its economy.
2015-07-29
There is a “huge co-operation potential” between Macau banks and those from the Portuguese-speaking Countries, namely in the areas of payment and clearing systems as well as cross-border financing, said Ip Sio Kai, President of the Macau Association of Banks, in an interview with local newspaper Business Daily.
2015-07-27
Factory activity in China fell to its lowest level in 15 months in July as shrinking orders dampened output, according to a preliminary private-sector survey announced on Friday.
2015-07-27
The Chinese Government has invited “third-party institutes” to assess the effects of its economic policies and other measures taken so far this year, reported Xinhua, an official news agency.
2015-07-24
The National Assembly of Angola approved on Wednesday a Private Investment Law. It could reduce bureaucracy in investment approval procedures and set up a clearer incentive scheme for such investments, Angolan news agency Angop reported.
2015-07-24
A delegation of Government officials and entrepreneurs from the manufacturing city of Zhongshan, in Guangdong, China, visited São Paulo in Brazil this week to examine business opportunities, said the Commercial Association of São Paulo (ACSP).
2015-07-24
Brazil’s Federal Government cut its forecast for gross domestic product (GDP) output for this year and raised its inflation outlook for 2015, Brazilian news outlet Agência Brasil reported.
2015-07-23
Gaming services company Macau Legend Development will invest at least 250 million euros (US$273.7 million) in an integrated leisure entertainment project in Cape Verde through its two local subsidiaries.
2015-07-23
China will grant a US$400-million loan to Mozambique toward the construction of a 600-kilometre electricity transmission line between the African country’s Zambézia and Nampula provinces, Portuguese news agency Lusa reported.
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