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Posts published in “Economy”

Ferry Debate Shifts Focus

A ferry link between Madeira and mainland Portugal should be assessed as a public service and strategic transport connection, rather than simply as a commercial passenger operation, according to speakers at the JPP’s parliamentary conference on ferry services and territorial continuity. The debate centred on the economic and financial study…

Albuquerque Proposes Youth Housing in Disused Building

The President of the Regional Government, Miguel Albuquerque, has revealed plans to convert a disused seafront building in Seixal into housing for young people, as part of efforts to encourage residents to remain in the area. However, the proposal remains dependent on an assessment of the available space and the…

€20 Fruit Bill Reignites Farmers’ Market Price Debate

A tourist posting on TikTok claims she paid €20 for fruit at Funchal’s Farmers’ Market. The statement has reignited a long-running debate over prices charged at some of its stalls. The visitor said she only realised the total cost when it was time to pay and called for greater regulation…

New Bordal Collection

New Bordal Collection Celebrates Madeira Wine and Embroidery Bordal – Bordados da Madeira has unveiled a new collection inspired by Madeira Wine, bringing together two important elements of the Region’s history, culture and identity: Madeira Embroidery and Madeira Wine. Featuring a simple, contemporary design, the collection draws upon the shapes,…

Left Bloc Seeks Clarification Over Care Home Places

The Left Bloc (BE) Madeira has called on the Regional Government to clarify how many of the 329 new care home beds planned under the Recovery and Resilience Plan (RRP) will be covered by cooperation agreements with the Madeira Social Security Institute (ISSM), and how many will be operated privately.…

Foreign-owned Homes Return to Property Market

Some foreign property owners are reportedly selling their homes in Madeira and returning to their countries of origin, although the scale of the movement remains unknown. The development was reported by RTP Madeira on the 27th of August, with geopolitical instability cited as one of the reasons behind some owners’…

Work Underway to Reopen the São Vicente Caves

Mayor José Carlos Gonçalves announced during a formal ceremony marking the 282nd anniversary of the Municipality of São Vicente that the new administration of NaturNorte is working towards reopening the São Vicente Caves. In a speech reviewing the first ten months of his administration and outlining plans for the coming…

Madeira-Mainland Maritime Link Needs Public Funding

An economic and financial study into a regular maritime connection between Madeira and mainland Portugal has concluded that none of the six scenarios examined would be financially or economically viable without public funding. The document was released today by the JPP. Under every scenario, projected revenue would be insufficient to…

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