Portuguese dairy producers can start exporting their products to China, the Portuguese Agriculture Minister said in Lisbon Tuesday after signing an agreement with the Chinese government.

“We finally have the good news that the Chinese market is open to Portuguese milk as well as milk derivatives,” said Assunção Cristas who, according to Portuguese news agency Lusa, added that she hoped the agreement … More

Mozambique is due to be formally admitted into the Extractive Industries Transparency Initiative (EITI) during the organisation’s next conference to be held in Sydney on 23 and 24 May, Mozambican newspaper Correio da Manhã reported.

Citing the Ministry for Natural Resources, the newspaper added that Mozambique’s membership of the initiative would be approved at the meeting of the organisation which brings together … More

The Angolan government will protect Angolan industry and businesspeople for some time, in order to help them compete with international benchmark companies, economist and former minister for Economic Coordination, Manuel Nunes Júnior said Tuesday in Luanda.

Noting that a period of protection was needed for Angolan companies, Nunes Júnior, who is also chairman of the Economy and Finance Commission of the Angolan … More

Angola became the fourth biggest market for Portuguese exports in 2012, which for the first time exceeded 4 billion euros, the economic and trade attaché to the Portuguese embassy in Angola said Monday in Luanda.

“Overall, Portuguese companies exported 4.3 billion euros, of which 3 billion euros were in goods and 1.3 billion euros in services,” said Luís Moura, who added that … More

TBFiles, a Portuguese company specialised in creating integrated solutions for document management, expects to invest 1 million euros in setting itself up in the Angolan market this year, said the managing director of the company, Cláudia Santos.

Cited by Angolan weekly newspaper Expansão, Santos also said that the figure mentioned would be used to buy equipment, for recruitment and to train human … More

The 3rd Portuguese-Speaking Entrepreneurs Conference is due to be held from 15 to 18 July this year, the conference’s organisers said in a statement issued Tuesday in the Angolan capital.

The event, organised by Prestígio – Liga de Jovens Empresários e Executivos de Angola (the Angolan Young Entrepreneurs League), is intended to provide information about sector and global policies in the Portuguese-speaking … More

US group Viceroy Hotels & Resorts plans to open a hotel in Cape Verde in 2017, the Viceroy Cape Verde on the island of Santiago where the capital of the archipelago, Praia, is located, the group said in a statement issued Tuesday in Los Angeles.

The future hotel, which will be in the Sambala community, an urban development area a few minutes … More

Macau’s inflation posted a year-on-year rise of 5.24 percent in April of this year driven by rises in the prices of meals outside the home, and horticultural products, the region’s Statistics and Census Bureau said.

In March year-on-year inflation totalled 4.95 percent.

Against April 2012, there were sharp rises in the price indices of the categories of Housing and Fuel (8.86 percent), Food … More