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Global Portugal disposable tableware market analysis 2018


LISBON: Global Portugal Disposable Tableware market research study trails vital business parameters and events such as technological innovations, mergers and acquisitions, Portugal Disposable Tableware product launches and different business strategies of the Portugal Disposable Tableware market taken up in past few decades and that need to be conducted in upcoming five years from 2018 to 2023. The Portugal Disposable Tableware report performs ... Read More »

Portugal considers Mercantile Bank short list


LISBON: Given the Reserve Bank’s preference for a “shareholder of reference”, the buyer is likely to have deep pockets. However, other banks may be precluded due to competition issues. Caixa, which has been Mercantile’s sole shareholder since it delisted in 2012, is Portugal’s largest bank by assets. The sale of Mercantile and other banking assets globally was a European Central ... Read More »

Trading Bitcoins may not be subject to taxation in Portugal


LISBON: Cryptocurrency or virtual coins are not technically considered “currency” since they do not have a legal course or legal tender power in Portugal. However, they can be exchanged for real currency (euros, dollars, or others) near specialized companies for this purpose. Its value against the real currency is determined by the online search of the cryptocurrency. According to the ... Read More »

Global Portugal Disposable Tableware Market


LISBON: The latest trending report Global Portugal Disposable Tableware Market by Manufacturers, Countries, Type and Application, Forecast to 2022 offered by is an informative study covering the market with detailed analysis. The report will assist reader with better understanding and decision making. Disposable Tableware including the disposable plates, disposable bowls, disposable cups and disposable silverware. This report focuses on the Portugal ... Read More »

Exports to China up 18.3% in first two months


LISBON: The fiigures, based on statistics from the Chinese Customs Services showed that trade between Lisbon and Beijing amounted to US$928 million (€752 million) through February.  Portugal imported goods worth approximately US$586 million from China, with Lisbon having a negative trade balance with China of about US$245 million.  Imports of Chinese products increased by US$161 million (17.5%), compared to the ... Read More »

Payments Landscape in Portugal Market Size Share Trends Analysis and Growth Forecast to 2021


LISBON: Payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2017-21f). It also offers information on the country’s competitive landscape, including the market shares of issuers and schemes. “Payments Landscape in Portugal: Opportunities and Risks to 2021”, report provides detailed ... Read More »

Portugal trade deficit widens in February


LISBON: Portugal’s foreign trade gap increased in February from a year ago, as exports grew slower than imports, figures from Statistics Portugal showed Monday. The trade deficit rose to EUR 991 million in February from EUR 821 million in the corresponding month last year. In January, the shortfall was EUR 1.2 billion. In nominal terms, exports climbed 6.2 percent year-over-year ... Read More »

Payments landscape in Portugal market analysis & forecast 2017-2021


LISBON:  Opportunities and Risks to 2021”, report provides detailed analysis of market trends in Portuguese cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, credit transfers, direct debit, payment cards, and cheques during the review-period (2013-17e). The also analyzes various payment card markets operating in the industry, and ... Read More »

Portugal bust gang smuggling glass eels to Asia


LISBON:  Portuguese authorities has brought down a criminal network that has been making lucrative profits by smuggling glass eels to Asia. In the latest operation against the traffickers that was concluded in March but only revealed Friday, four Chinese citizens, three Spaniards and three Moroccans were arrested in Spain in an operation coordinated by the European Union’s police body. Spain’s ... Read More »

Portugal’s growing green energy production hits milestone


LISBON: Portugal Green energy activists in Portugal are hailing a milestone after favorable weather conditions helped production from renewable sources in March to exceed the country’s monthly electricity consumption for the first time. National energy infrastructure company REN says wet and windy weather meant energy from hydroelectric dams and wind turbines was exceptionally high.  Coal-fired power stations and imported electricity ... Read More »

Portuguese textile mill to install Capstone’s microturbine


LISBON: The textile mill required an increase in their production capacity and sought an efficient solution for their plant expansion. Instead of importing more power from the local utility at extremely high rates, they considered breaking away from the unstable and overpriced utility by becoming part of the global distributed generation (DG) energy revolution. A natural gas-fuelled Capstone C600S microturbine ... Read More »

Portugal’s Industrial Production Growth Slows


LISBON: Portugal’s industrial production growth moderated in February after accelerating in the previous month, figures from Statistics Portugal showed Thursday. Industrial production climbed 2.1 percent year-over-year in February, slower than January’s 2.5 percent rise. Manufacturing output also grew at a weaker pace of 3.1 percent annually in February, following a 4.4 percent gain in the prior month. On a monthly ... Read More »

Portugal 2017 budget gap halves with bank injection discounted


LISBON : Portugal’s budget gap rose last year to hit the EU threshold for excessive deficits of 3 percent of GDP due to a massive capital injection in state-owned bank CGD, but halved when that one-off impact is discounted and should remain around 1 percent in 2018. Finance Minister Mario Centeno, who also chairs the Eurogroup of euro zone counterparts, ... Read More »

Portugal volunteers replant trees burnt in devastating wildfire


LISBON: Volunteers in central Portugal planted 67,500 trees on Sunday in the Leiria pine forest as the country recovers from the most devastating forest fires in its history. More than 80 percent of the forest burnt in October. Leiria’s trees were used to build ships that sailed in the 15th and 16th century discoveries when Portugal was a leading maritime ... Read More »

Portugal to respond to ECJ VAT ruling on vacant property


LISBON: Portuguese Government has said that it is reviewing a recent decision by the European Court of Justice with a view to amending the country’s value-added tax regime with regards to the leasing and letting of property. Assistant Secretary of State for Finance Ricardo Mourinho Felix told reporters at the last meeting of European Union finance ministers that the Government ... Read More »

Portugal starts love affair with private equity


LISBON: Portugal’s economic recovery is making it a hot destination for the rich and famous like Madonna as well as tech entrepreneurs and now private equity is looking to participate in the upswing. Private equity investments in Portugal have more than tripled to 7 billion euros (£6.14 billion) in the past three years, according to data by industry consultant TTR, ... Read More »

Portugal’s flourishing tourism becomes economic mainstay


LISBON: Portugal’s tourism boom has made the industry one of the biggest contributors to the national economy and the largest employer, with almost 1 million direct and indirect jobs, the head of the World Travel & Tourism Council (WTTC) said. Portugal has long been popular for its beaches, historic sites and golf courses, but tourism has broken records in the ... Read More »

Exports increase almost 10 percent in January


LISBON: On leaving an EU Competitiveness cabinet meeting, Manuel Caldeira Cabral, said the figures the Portuguese National Statistics Institute (INE) released this week show that Portuguese exports in January went up 9.6 percent, which was more than in the last three quarters meaning they are accelerating and the government expects this trend to continue. The acceleration was particularly significant in ... Read More »

Portugal Spain police seize 2.5 tonnes of cocaine


LISBON: Spanish and Portuguese police arrested ten people and seized around 2.5 tonnes of cocaine in raids to smash an international network smuggling drugs from Latin America to Europe, police said Thursday. Police seized two tonnes of cocaine at a warehouse in Lisbon and around half a tonne hidden  as it was being transported by car just across the border ... Read More »

Portugal Exports increase almost 10% in January imports more than 12%


 LISBON: On leaving an EU Competitiveness cabinet meeting, Manuel Caldeira Cabral, said the figures the Portuguese National Statistics Institute (INE) released today show that Portuguese exports in January went up 9.6%, which was more than in the last three quarters meaning they are accelerating and the government expects this trend to continue. The acceleration was particularly significant in the automobile ... Read More »