Green light for sale of Banco CTT expected in October
Deal is being finalised An evaluation by the Bank of Portugal into a capital share injection by insurance company Generali/Tranquilidade into Portugal’s post office bank Banco CTT is being finalised
“It’s unfair to say Portugal has too many tourists” – tourism association boss
Overnight stays grew 4% in July while revenues were up by 11.6% The number of overnight stays in Portugal’s hotels and other guesthouse accommodation is likely to have grown by
Investment attraction to be main driver of Portuguese economy
“The year 2025 can be very interesting for the Portuguese economy” – Economy minister Portugal’s Minister of the Economy Pedro Reis has defined the main markets where Portugal will seek
Mercadona – the supermarket where you can pick up more than groceries
Lingering in the aisles is the new pastime for singles looking for a date When most people think of supermarkets in Portugal, it tends to be one of the big
Portuguese ketchup voted best in the UK
Rubies in the Rubble ketchup has been voted Best Supermarket Ketchup by The Sunday Times England’s traditional ‘fish and chips’ has never tasted so good thanks to a Portuguese brand
TAP privatisation: “There will be news in September”
“Our strategy is to focus flights on the West (US, Canada and Latin America)” – TAP boss Luís Rodrigues The privatisation process for state-owned Portuguese airline TAP will be relaunched
Portugal plans “massive tax cuts” to boost investment and growth
The 60 government measures aim to accelerate business and economic growth Portugal’s government has agreed a massive booster jab package for Portuguese business by bringing IRC tax down to 19%
United Lisbon International School celebrates fourth anniversary
“We will do Lisbon proud and contribute to the economic growth, social fabric and innovation of this city” – Founder Chitra Stern The United Lisbon International School (ULIS) celebrated its fourth anniversary
‘Good Morning America!’ show live from Portugal
“It’s easy to see why Portugal is on so many travel bucket lists,” said presenter Robin Roberts The most watched program by Americans, ABC’s Good Morning America, was broadcast last week
Portugal among most attractive European countries to invest in hotels
By the end of 2024, 130 new hotels are scheduled to open in Portugal Portugal is the seventh most attractive European country in which to invest in hotels, according to