EconomyMacao

Gaming revenue in Macau with 93.2% losses

Gaming revenues in Macau fell 93.2% in May, compared to the same period in 2019, when there were already strong restrictions on the borders of the world capital of casinos to contain the Covid-19 pandemic If, in May 2019, operators operating the game in the old territory…
EconomyPortugal

Deconfiguration: demand for holiday homes increases 308%

Since Portugal entered the deconfiguration phase, due to Covid-19, the search for holiday homes has increased by 380% in OLX. Since Portugal entered the stage of deconfiguration, in early May, due to the Covid-19 pandemic, the search for holiday homes has risen about 308%…
AngolaEconomy

Angola risks staying in economic recession until 2023

Standard Bank’s economic studies department believes that Angola is expected to remain in recession this and next year, and may prolong the negative growth until 2023, essentially due to the pandemic of covid-19 and cheap oil. “In our base forecast we see the…
Economy

Brazil's economy will drop to 2010 levels

The drop is similar to that of other countries in America but the outlook until 2021 is worse for the country ruled by Bolsonaro Brazil must be surpassed by more than 80% of countries and return to 2010 levels The decrease of 1.5% of the GDP (Gross Domestic Product) of…
Economy

Multicaixa Express helps Angolans stay home

Multicaixa Express (MCX) is an interbank payment channel, made available by the Empresa Interbancária de Serviços (EMIS) that allows the association of several multicaixa cards, with the help of the mobile phone number. In this phase of the Covid-19 pandemic, Multicaixa…
Economy

Bolsonaro: "We are looking to privatize but it is not easy"

In a live broadcast on social media, President Jair Bolsonaro said the government is concerned with accelerating the privatization of state-owned companies. According to him, however, there are difficulties to achieve this. “There are companies that go through…

State reduces presence in mining activity

The National Diamond Company (Endiama) officially lost its concessionaire role, within the framework of the new Governance Model of the Mining Sector, published, Tuesday, in Diário da República. The public company, which, in addition to being an operator, acted as an…
Economy

Pandemic destroyed a record of 4.9 million jobs in Brazil

Country feels effects of isolation measures to contain coronavirus and unemployment rises to 12.6% The new coronavirus pandemic contributed to 4.9 million jobs lost in Brazil in the quarter ended in April, a record in the historical series, IBGE (Brazilian Institute of…
Economy

Angola records 269 investment bids since 2018

Angola’s Private Investment and Export Promotion Agency (AIPEX) received 269 private investment bids between August 2018 and April 2020, which have helped create nearly 19,000 jobs, the AIPEX’s statistical office said on Wednesday. The investment proposals…