Economic and Business Information

2015-03-25

China approves three new free trade zone proposals

The Chinese authorities on Tuesday officially gave a green light for three new free trade zones in the country, state-run news agency Xinhua reported.

2015-03-24

China, Brazil to forge closer technology park ties

China aims to deepen cooperation with Brazil in the area of technology parks, sharing its know-how in this field with the South American country.

2015-03-24

Guinea-Bissau Govt launches official website

The Government of Guinea-Bissau launched an official online portal last week to communicate more effectively with the public, Guinea Bissau News Agency reported.

2015-03-24

Mozambique posts better than expected 2014 budget execution

The Government of Mozambique collected more revenue than budgeted for full-year 2014, while spending a smaller amount than forecast, preliminary official data show.

2015-03-23

S&P raises Portugal’s rating outlook

Standard & Poor’s has raised the outlook on Portugal’s bond rating to positive from stable.

2015-03-23

Angola’s oil output to go up 10 pct in 2015: Govt

The Government of Angola forecasts oil output will rise by 10 percent in 2015, to average 1.84 million barrels per day, according to a revised 2015 budget passed by Parliament last week.

2015-03-23

‘Mutually beneficial’ ties sought with Portuguese-speaking countries: Chinese diplomat

China and Portuguese-speaking countries should work together to forge “mutually beneficial” ties, said Chinese Ambassador to Portugal Huang Songfu.

2015-03-20

Brazil’s GDP to drop 0.5 pct in 2015: OECD

Brazil’s economy will contract 0.5 percent in 2015, said the Organisation for Economic Co-operation and Development (OECD) in a report released on Wednesday.

2015-03-20

China ready to advance partnership with Angola: Chinese official

China is ready to advance the strategic partnership with Angola, senior official of the Communist Party of China (CPC) Liu Yunshan said on Thursday, official news agency Xinhua reported.

2015-03-20

Cape Verde’s creative economy has high potential: study

Cape Verde has “a natural competitive advantage to pursue a sustainable development model” based on its cultural and creative goods and services, says a new study report.

2015-03-19

Angola-China Chamber of Commerce urges Chinese firms to invest more on CSR

The Chinese Chamber of Commerce in Angola published on Monday a set of guidelines urging Chinese firms investing in the African country to boost their corporate social responsibility (CSR) efforts.

2015-03-19

Cape Verde’s hotel capacity grew 20 pct in 2014

There were 229 hotels and guesthouses operating in Cape Verde in 2014, up by 3.2 percent in year-on-year terms, according to data reported on Wednesday by the country’s National Statistics Institute.