The Regional Government is addicted to taxes,” said Gonçalo Leite Velho in his first speech in today’s plenary session. Madeira, recalls the PS deputy, has had the “highest inflation rate in the country” for 31 consecutive months, with the most expensive fuels, and continually rising food costs. A scenario of pressure…
Posts published in “Economy”
Last year, Pingo Doce donated around 536 tonnes of food to institutions in Funchal, under the ‘Alimenta o Bairro’ programme. In a press note, the company highlights that the same programme collected, at a national level, the equivalent of 12 thousand tonnes of foodstuffs in 2025. Pingo Doce says that…
The Regional Government’s affordable rent programme for the new Vale da Ribeira Housing Complex, in Ponta do Sol, received about 120 applications, confirmed Leonel Silva, chairman of the Board of Directors of the Madeira Housing Institute. Of the applications submitted, only 30 families have now received housing, and there are…
Madeira Consorcio – 9.5.2026 We visited the coffee roastery in Monte, close to the cable car station. ODD Coffee owner and manager Gonçalo Gouveia gave us a live demonstration of how he roasts coffee for his cafés and for several coffee shops in Funchal that buy speciality coffee from him.…
At a time when oil prices continue to rise, Pedro Rodrigues ruled out, for now, any immediate impact on the price of electricity in Madeira. Speaking to journalists, the Regional Secretary for Equipment and Infrastructure, who oversees the Madeira Electricity Company, highlighted the strong regional investment in renewable energies, revealing…
The Regional Secretary for Equipment and Infrastructures, Pedro Rodrigues, has announced the pilot project to modernise the public lighting network, an investment of 2.1 million euros under the RRP, which will allow savings of around 40% in energy consumption on public roads. 8,750 high-efficiency LED luminaires were assembled by the…
The Association of Carreiros do Monte has announced that, due to ongoing price increases across all activities, they’ve had no choice but to adjust their rates. The new prices as of the 1st of May are as follows:- Toboggan with 1 (one) person: 30,00€ Toboggan with 2 (two) people: 40,00€…
The Minister of Infrastructure, Miguel Pinto Luz, said today that the Government of the Republic has suspended the changes planned by the Regional Government to the social mobility subsidy (SSM), pending the enactment of the changes approved in the Assembly of the Republic. “The Government suspended all the changes it…
Miguel Albuquerque has presided over the inauguration of the TRACER AI Europe facilities. The company is operating from the Porta da Cruz Civic Centre. Founded in 2022, the company is dedicated to consulting and business management, supporting the creation, expansion, and modernisation of businesses at an international level, in addition…
Under the motto ‘The sea that unites us,’ about 120 children and 40 teachers from various schools in the Region attended the IV Blue School Regional Meeting, held this morning at the Jesuit College. The opening session of this meeting was led by the Regional Secretary for Agriculture and Fisheries,…
With a carnation in his lapel, the parliamentary leader of the Socialist Party, Paulo Cafôfo, took advantage of the commemorative session of the 52nd anniversary of the 25th of April, this morning, in the Legislative Assembly of Madeira, to criticise the “systematic blockade” of the PSD/CDS majority to the opposition’s…
30% of foreign investment in properties in Portugal is concentrated in Funchal. Data published today by real estate portal Idealista shows that interest in real estate in the country was significant in the first quarter of this year, The majority of property searches in Madeira by foreign citizens come from…
“Nação Valente”, by João Annes, was presented on Wednesday afternoon in Funchal, at a ceremony held at the Savoy Palace Hotel. The session was attended by the President of the Regional Government, Miguel Albuquerque, as well as several figures linked to regional culture, in addition to senior officials in the…
The movement A New Hope (UNE) accuses the mayor of Porto Santo, Nuno Batista, of staging an “institutional firmness” against Binter Airlines to try to erase months of inaction and a lack of results. In reaction to the news published in this Saturday’s edition of DIÁRIO, which reports the intention…
The Regional Secretary for Infrastructure, Pedro Rodrigues, said on Tuesday that Porto Santo should reach extended periods of energy production based on renewable sources this year. “We estimate that there will be 200 days during the year that renewable sources entirely supply Porto Santo’s electricity,” he said, during a visit…