ACIF – Chamber of Commerce and Industry of Madeira, in a recent meeting with the Regional Secretary for Agriculture, Fisheries and Environment, reiterated its concern about the lack of progress in defining the draft of the collaboration protocol, which will ensure exemption from charging on the recommended routes for Tourist…
Posts published in “Economy”
The Juntos Pelo Povo (JPP) party has just released a statement opposing the 2025 Budget. “The National Political Commission of the JPP, which represents all its militants, unanimously decided to reject the 2025 Budget proposal. The JPP is against what it considers a path of spending with squandering and distribution of…
Nickel, a financial payment institution, continues to expand its services and has now arrived in Madeira, specifically in the municipalities of Funchal, Ponta do Sol, and Ribeira Brava. There are, for now, four new points of sale established in local businesses such as tobacconists and stationery stores, which are now…
At the end of the round of listening to the parties, this Wednesday, Jorge Carvalho has not yet lost hope that the 2025 Regional Budget proposal will be approved. “Our reading is to continue until the day of the vote to work and seek to create a platform of understanding,…
Local artisans have until the 15th, the opportunity to participate in FalĂ©sia Market, which takes place at the Leroy Merlin Funchal store, as part of a partnership with FalĂ©sia Atelier. The initiative started last October aiming to create a monthly mini eco-market, promoting the circular economy, and appealing to more…
The Mayor of Funchal presented, earlier this afternoon, the ‘Funchal Christmas’ programme, which starts on the 25th of November and ends on the 6th of January. On Monday, the 25th at 5:30 pm, Praça do Peixe, located at the market is the stage for a ‘Christmas Magic musical.’ The Christmas…
The Directorate-General for Consumers (DGC) today warned consumers about promotions in November, such as ‘Black Friday,’ in which false discounts, misleading advertising, or unfair commercial practices may be used. In the campaign “Compare prices and consider your purchase – It’s your decision!” The DGC urges consumers to be aware of…
The Portuguese Communist Party (PCP) was out today talking to workers from several regional public companies as part of their campaign ‘Increase Wages and Pensions for a Better Life.’ As part of this, they defend the right for people to retire after 40 years of work regardless of age. The…
The President of the Government, Miguel Albuquerque, today visited the second Battery Power Plant to be installed in the Region by the Madeira Electricity Company (EEM), in Caniçal. The completion of this work is scheduled for the end of this year. In a statement, it was said: “The installation of…
The PCP has presented in the context of a discussion in the specialty of the State Budget for 2025, a proposal that during the next year, the Government of the Republic ensures the existence of a regular maritime passenger transport line between Madeira Island and the Portuguese mainland,” said Ricardo…
The Union of Commerce, Offices and Services Workers of Portugal (CESP) has expressed its total disagreement with the extension of working hours in the commerce sector, during the Christmas season. “Commerce already practices long working hours, so it makes no sense to extend it, further penalizing workers who, in addition…
The CDU was in Santo da Serra today to “give voice to the stallholders and customers” of the Agricultural Market who, according to a statement from the party, demand the Municipality of Santo Cruz to take accountability of the degenerative state of the market and infrastructure. Ricardo Lume, leader of…
Controversy surrounds the new air mobility subsidy ruling. Now, only citizens residing in Madeira from the European Union, Schengen area, and Brazil are entitled to request a refund. This decision has already caused various inconveniences to sports clubs, students, and children of excluded residents residing in the Region. CTT is…
As of midnight tomorrow (17th of November) the price of fuel will increase. Starting Monday, 95-octane petrol will increase by 0.9 cents, from 1.522 to 1.531 euros, while diesel will increase by 2.2 cents, to 1.289 euros. Samantha Gannon info at madeira-weekly.com Views: 2
Israeli developer Yard Properties is preparing to invest seven million euros in Funchal through the creation of a second property project. According to Jornal EconĂłmico, ‘Ferreiros Residences’ is Yard Properties’ latest bet, with 14 one and two-bedroom apartments, construction areas between 70.90m² and 85.90 m² for T1 and 118.30m² and…