Portuguese supermarket group stops accepting credit cards
One of Portugal’s household supermarket names – Pingo Doce – is not accepting credit cards. The move comes after the supermarket’s holding group company, Jerónimo Martins, moved its headquarters to
Creativity just around the bend
By SOPHIE MCCARRICK sophie.mccarrick@theresidentgroup.com Studio Bongard, situated on the outskirts of the fishing village Ferragudo, is a place where an enchanting collection of ceramics, sculptures and paintings inspired by nature
Positive about the year ahead
Parkalgar CEO Paulo Pinheiro says the Algarve International Autodrome in Portimão remains positive about what 2012 has in store. “2012 is a difficult year to predict, but at the Autodrome
A better life for Guilherme
by SOPHIE MCCARRICK sophie.mccarrick@theresidentgoup.com Four-year old Guilherme Sequeira was born with the umbilical cord around his neck, which staved his brain of oxygen and caused damage to many brain cells.
ALFA in English is back
ALFA, the association of literary friends of the Algarve, will be holding its first English-speaking meeting of 2012 on Wednesday, January 11at 2.30pm and from then on the second Wednesday
Algarve’s vinicultural industry unearthed
by EMMA BERTENSHAW emma.bertenshaw@theresidentgroup.com Wine production in the Algarve region is only a small percentage of Portugal’s total output, around 4% in 2009/2010*, but it remains an ever growing industry.
Artcatto opens in Loulé
London art dealer Gillian Catto has opened the doors to her new permanent gallery in a renovated historical building in the heart of Loulé. 1″>news
ATM figures down
ATM cash withdrawals in Portugal were down €224 million in December in comparison to the same month last year. Payments made using debit cards also fell 6.6% in that month,
Car trade slumps by 31% year on year
by CHRIS GRAEME chris.graeme@theresidentgroup.com December was the worst month in 2011 for car sales in Portugal in a year which saw sales plummet by 31% on 2010. Sales of new
Chinese state energy giant buys stake in EDP
by CHRIS GRAEME chris.graeme@theresidentgroup.com The Portuguese government insists that the deal it has struck with the Chinese state-run power company Three Gorges is “good for the company and good for