CMVM admits banning speculation on falling shares

The Portuguese stock market regulator CMVM has admitted that it will put a stop to short selling on the Lisbon stock market as shares take a tumble because of the coronavirus pandemic. There are four companies listed on the Lisbon Stock Exchange (PSI-20) which could be targeted for short positions, known as ‘short selling or […]

Mário Centeno to call Eurogroup meeting

The Portuguese president of the group of EU finance ministers, Eurogroup, is to meet with its representatives on Tuesday to look at member state options in counteracting the effects of Covid-19 on Europe’s economy. Various forecasts have predicted a deep recession and the Eurogroup meeting will discuss how EU member states can coordinate their measures […]

Government suspends termination of rental contracts

The Government has decided to press forward with an order to suspend rental contracts due to expire in a move to protect families during the coronavirus pandemic. “It is our duty not only to face this pandemic outbreak but, at the same time, reassure families and companies,” said Portugal’s Prime Minister António Costa on Friday […]

COVID-19: Half of Portugal’s hotels to close this week

The president of Portugal’s Hotel Association says that at least 50% of the country’s hotels will likely close from this week. The AHP’s Raúl Martins estimated on Friday that the hotels would be forced to close because of a lack of tourists caused by the coronavirus epidemic with an expected fall in revenue turnover of […]

Boavista Golf and Spa
Spotlight on our Patron members!

Boavista Golf Resort opened in January 2002 and quickly became established as one of the Western Algarve’s premier resorts. With an exceptional 18-hole championship course it is one of the Algarve’s most beautifully manicured courses, bordered by properties all designed to harmonize with the land’s natural contours.
I'll be back soon, given the good feedback I got from all the meetings and visits I made. No doubt the UK is a market that Mindol wants to bet on. - Starting in the UK 2019
Miguel Cunha
International Sales Manager, Mindol
It was indeed an excellent opportunity to socialise and network. So many interesting people – including the selected speakers.
Congratulations for the excellent organisation and elegant choice of venue. - London Gala Dinner 2019
Ramiro Salgado
Partner at ReB Solutions
Thank you for the Algarve Networking Lunch. Everything was so well organised.,..The food was just perfect; so was the company which I enjoyed. - Algarve Networking Lunch 2019
Maria Fernanda Allen
Founder of Portuguese Language Consultants
I want to say that last night’s network had such a great ambiance. I could tell from everyone I spoke to, they were having such a great time but also, networking (hoping successfully). Thanks to all of you for empowering the Chamber to help all of us progress in our business - Monthly Networking Drinks 2019
Jose Contreras
Partner, Saint Michel Consultancy