The International Shipping Register of the Autonomous Region of Madeira is the 3rd largest in Europe and the 11th in the world, claimed the President of the Regional Government, Miguel Albuquerque, at the opening of the II Madeira Maritime Week. During the event that brings together dozens of international experts…
Posts published in “Economy”
The Regional Secretariat for Equipment and Infrastructures, through the Regional Directorate of Energy, informed press agencies today that the Gas-Solidarity.RAM Programme has already been resumed, as established in Ordinance No. 179/2025, of the 13th of March. The support maintains the value of 20 euros per month per consumer, and may…
From Monday, all ATM service payments must show the name of the final recipient. This change, imposed by Notice No. 4/2024 of the Bank of Portugal, aims to increase transparency and fight fraud by allowing the user to confirm the beneficiary before authorising the transaction, whether by home banking or…
The Municipality of Funchal (CMF), in connection with municipal markets, has created a diverse range of initiatives and events. Therefore, the CMF is promoting Heart Week, from the 19th to the 23rd of May at the Municipal Markets of Lavradores and Penteada. With this initiative, it is intended to alert…
Seven mega-yachts began arriving yesterday, in what APRAM believes is a positive response to the quality of the services provided to this type of “very demanding and exclusive” market. “The growing demand for the Port of Funchal by luxury mega-yachts confirms Madeira’s strategic positioning in the Atlantic and the quality…
The European Network of Electricity Transmission System Operators (Entso-e) announced that, half an hour before the blackout that hit the Iberian Peninsula, there were “two periods of power and frequency fluctuations” in continental Europe. In a statement, ENtso-e highlighted that these disturbances in the synchronous zone of continental Europe occurred…
The Autonomous Region of Madeira has a new real estate agency – ONE MN Realty. The estate agent will officially open on the 9th of May. ONE MN Realty is a new real estate agency, under the leadership of broker Marco Nóbrega, who has more than 20 years of experience…
The JPP defends a more humanised approach to migrants seeking new opportunities in Madeira and mainland Portugal. During a pre-campaign action, Filipe Sousa criticised the way the migration issue has been managed, stating that the issue is on the political agenda because the country has failed to welcome, protect, and…
DHL Express will suspend deliveries to the US worth more than $800 (€701.7) due to a “significant increase” in bureaucracy and customs expenses after the introduction of Donald Trump’s new tariff regime. According to the BBC, the Germany-based delivery company has stated it will temporarily suspend shipments from all countries…
An alleged Lithuanian gang leader of a criminal organisation dedicated to importing scrapped cars involved in accidents in the US, which, after cosmetic repairs, were resold in Europe, including Portugal, was arrested in Madeira, the European Public Prosecutor’s Office said today. A source from the European Public Prosecutor’s Office (EPPO)…
The Funchal Citizen’s Shop (Loja do Cidadão do Funchal) will also be closed on Maunday Thursday (17th), Good Friday (18th) and Easter Saturday (19th). The service will reopen on Monday the 21st of April. Samantha Gannon info at madeira-weekly.com Views: 7
The President of the National Association of Traders and Exporters of Wines and Spirits (ANCEVE), Paulo Amorim, said today that “the US has stopped orders for Portuguese wines and wines from Europe.” “The uncertainty is terrible and with the uncertainty the distribution chain in the United States has stopped orders…
The Anadia Shopping Centre managed by Widerproperty, has announced the opening of Oakberry Açaí, on the 15th of April at midday. Oakberry brings to Anadia Shopping Centre a modern concept offering a unique flavour, freshness and convenience experience. Visitors will be able to customize their orders with the guarantee of…
Spanish company Castellana Properties; a leader in the retail real estate sector, announced on Friday the acquisition of the Forum Madeira shopping centre, for a total amount of 63.3 million euros. This purchase marks the company’s fifth acquisition in Portugal since its entry into the Portuguese market in October 2024,…
The PS-Madeira has announced a set of legislative proposals aiming to protect the regional economy from the impacts of the increase in customs tariffs imposed by the United States. The Trump administration’s decision has generated concern among Madeiran businessmen, particularly in the tourism, real estate, and export sectors including Madeira…