Rental and sale prices for houses in Madeira continue to rise. According to the data advanced, today, by Imovirtual, the average cost increased by 2% compared to December 2023, in line with the growth seen at a national level.
Posts published in “Economy”
The move from La Vie shopping centre to Plaza Madeira was carried out at an official brand launch ceremony that took place at 11:00 this morning.
Coolzoone is the new centre for cryogenic experiments, longevity, and performance in the Region. Located on Rua Imperatriz Dona Amélia the new centre represents an investment of about 3.5 million euros.
Multi Portugal, manager of the PLAZA Madeira shopping centre (formerly La Vie), is hosting its launch party tomorrow at 11:00 am.
Empresa de Cervejas da Madeira (ECM), currently has thirteen bottle recycling machines distributed throughout the region.
Chinese technology group Huawei has announced that the latest version of its operating system, HarmonyOS Next, will no longer support applications developed for the Android system
The President of the Institute of Forests and Nature Conservation, IP-RAM (IFNC), Manuel Filipe, and the President of the Institute of Wine, Embroidery and Handicrafts of Madeira (IVBAM), Tiago Freitas, carried out follow-up visits to winegrowers on the north coast of Madeira Island, as part of a damage limitation survey of their needs, taking into account the devastation caused by the October 2023 fires.
The Regional Government, through the Regional Directorate of Agriculture and Rural Development, held a workshop at the Farrobo Experimentation Centre, Porto Santo,
La Vie has now become PLAZA Madeira
The Regional Directorate of Statistics of Madeira (DREM) released today, based on information from ANA - Aeroportos de Portugal, the first data on air transport in the Autonomous Region of Madeira for the month of November 2023.
According to data collected by the Regional Directorate of Statistics of Madeira (DREM), in 2023, cement sales in the Autonomous Region of Madeira (RAM) were around 161.3 thousand tonnes - the highest value in the last twelve years - reflecting an increase of 2.7% compared to the previous year (157.1 thousand tonnes).
In a statement issued today, LIDL Portugal reiterated "its interest in expanding its operation to the Autonomous Region of Madeira," stating that it has received, "so far, all the necessary support from the local authorities."
TThe Regional Secretary for Finance said today that the proposed Budget of the Autonomous Region of Madeira for 2024 (ORAM2024) foresees an additional 10 million euros in revenue from the tourist tax.
The Funchal City Council will update the prices of municipal fees, including water supply, basic sanitation, and solid waste treatment, by 5.79%, according to the average variation of inflation in the last 12 months.
Élvio Sousa used his Facebook page to state what he considers to be the "obstacles that the Funchal City Council has created to prevent two of the LIDL proposals."













