28.2.2025 We met at the production facility of “Santo Queijo” (in Santo da Serra), our only professional dairy place on the island (https://www.santoqueijo.com/). We entered the factory through a “clean” room where we had to wash hands and donned garb as in a clinic, from top to toe (see foto).…
Posts published in “Economy”
There is a possibility that work on the new hospital will stop in the summer. Acting Regional Secretary for Equipment and Infrastructure, Pedro Fino attributes the fact to political instability, which, according to him, has postponed the launch of the third phase tender. Samantha Gannon info at madeira-weekly.com
The deputy of Chega, Francisco Gomes, has expressed his concern about the recent commercial agreement signed between the European Union (EU) and Mercosur, warning of possible negative effects on the competitiveness of products, in particular Madeira’s bananas. The Madeiran parliamentarian considers that the pact, signed in Montevideo, can bring significant…
The PS-Madeira denounced this Sunday a significant reduction in the support that Madeiran farmers will receive this year under the ‘Single Request,’ known as ‘parcelar, ‘ which will fall from 400 to 100 euros per year. During a visit to the agricultural market of Santo da Serra, Paulo Cafôfo, President…
On a visit to a papaya farm on the Ribeira Funda site, the Regional Director of Agriculture and Rural Development, Marco Caldeira, made it known that the regional production of papaya reached 500 thousand euros in 2024 In 2024, papaya cultivation occupied an area of 6 hectares, reaching 189 tonnes…
Former TAP director Diogo Lacerda Machado defended today in parliament that TAP should be privatised quickly, with the State maintaining a strategic position of 50%, but a “market-oriented” management. “What I think in all honesty is that TAP should be privatized and quickly,” said the lawyer, who was heard today…
Portugal’s President, Marcelo Rebelo de Sousa, has criticised US President Donald Trump for new White House rules on the media and warns of a “slide from democracy to dictatorship.” The President of the Republic was speaking at Casa da Imprensa, in Lisbon, at the opening session of a debate on…
The Madeira Force Coalition, composed of the PTP (Portuguese Labour Party), MPT (Earth Party Movement), and RIR (Resuse, Include, Recycle Party), requests that the Regional Government suspend all work on the Ponta do Pargo golf course. Raquel Coelho argues that “there are more urgent needs such as health and housing,…
The Council of Ministers has approved the decree-law that eliminates the obligation to report, in the IRS declaration, income not subject to IRS, such as meal allowances, and those subject to withholding taxes, such as interest. The approved diploma, in addition to eliminating the carry-forward of those types of income,…
The ADN – Madeira Party has alerted ACT – Authority for Working Conditions, ASSICOM – Association of Civil Construction Industrialists of Madeira-, and other responsible entities linked to the assembly of equipment and structures of the risks to the physical integrity of workers, and the need for adequate health and…
Passengers residing in Madeira or Porto Santo, tranferring through the region’s airports with another island of the archipelago as their final destination, will soon be exempt from the collection of security fee (PT) and service fee to passengers (YP). This measure is part of a proposal for a decree-law of…
After undergoing its annual service at the shipyards in Viana do Castelo, the Lobo Marinho (Porto Santo Ferry) arrived back in Madeira on schedule. The ship, which is now seen as more sustainable and comfortable, through the installation of new equipment and furniture, will resume its regular maritime connection between…
Total exports from Madeira-based companies last year increased by 6.1% compared to 2023 valuing around 372 million euros. In turn, imports stood at 273.8 million euros in 2024 (0.2% more than in the previous year), which translates into a positive balance of trade in the Region’s foreign trade balance, in…
From now on it will be possible to make Social Security payments via bank transfer. This is made possible due to the printed individual IBAN printed on the document. This, says a Social Security Institute (ISS) spokesperson will make the payment process easier and more efficient. “For each payment document…
Joy4rent Lda has introduced its new vessel ‘SeaYou’. The company intends to create a ‘maritime bus’ service between Calheta (Porto de Recreio) and Caniçal (Quinta do Lorde), with a stopover in Funchal (Pier 8). If all goes well the company is hoping to run a service to Porto Santo in…
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