Why Does LIDL Hesitate to Invest in Madeira?
LIDLs investment in Madeira has long been planned, yet nothing happened. Find out what´s going on!
Economy
Explore the economic pulse of Madeira. Get the latest news on key sectors like tourism, agriculture, and industry. Stay updated on business developments, investments, employment trends, and government policies shaping the island's financial landscape.
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65 Posts
Madeira Leads Portugal with Largest Drop in Unemployment
Despite the peak of the tourist season being over, Madeira is performing exceptionally well in the labor market this year.
Madeira Blockchain Conference 2024 Starting Today
Bitcoin recently hit another all-time high, just ahead of the Madeira Blockchain Conference, now in its third edition, to launch in Funchal. It brings together experts in blockchain, Web3, and Artificial Intelligence.
2001: A LIDL Odyssey
It’s been a remarkably long journey since LIDL, the German supermarket chain, initially unveiled its plans to establish stores in Madeira.
Real-Estate Prices Expected to Keep Climbing in 2025
The market shows no signs of cooling, as a concerning real estate trend continues to impact society: limited housing supply, low interest rates, and high demand are likely to keep housing prices rising in 2025.
Free MB Way Transfers Guaranteed By Law: A Win for Consumers
Free MB Way transfers of up to €30 per transaction are now guaranteed by law.
Planned Restrictions to Nightlife Hours Face Backlash
Funchal proposes limiting nightlife hours to address noise, facing backlash from business owners concerned about tourism and economic impact.
Labor Market and Economy Weaken
While the economy is still growing, several indicators show a decrease in economic activity and a worsening labor market.
Madeira Tourism Grows 8.9% in August
Madeira is witnessing further growth in tourist numbers. Growth is essential for its tourism-dependent economy, but is it sustainable?
Madeira Could Face Major Budget Cuts in 2025
The Portuguese budget proposal is raising eyebrows in Madeira, as the autonomous region could face significant funding cuts in 2025.
Funchal Coffee Shop Now Accepts Bitcoin Payments
Penha d'Ă€guia Ajuda coffee shop now accepts Bitcoin payments.
