Meet CARAM, Madeira's Slaughterhouse
It's where things end: CARAM is Madeira’s main slaughterhouse, overseeing the slaughter of thousands of animals annually and providing employment to 44 people.
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.
Check out the last
124 Posts
Madeira Offers Up to €6,000 Incentive for Buying Electric Cars
Exciting news for anyone thinking of going green on the road! With financial incentives of up to €6,000, Madeira is about to make electric vehicle ownership more accessible than ever.
Grupo Sousa Seeks To Reduce Costs By Allowing Bigger Ships
Grupo Sousa suggests allowing larger ships to boost efficiency and reduce costs, while imposing a €5 fee for ferry trip changes to reduce no-shows.
Housing Valuation in Madeira Reaches Record €2,010/m²
In October 2024, Madeira’s housing bank valuations surpassed €2,000/m² for the first time, reflecting the highest growth in Portugal. The increase was mainly driven by rising apartment valuations and strong market activity.
Ribeira Brava’s Christmas Raffle: Support Local Shops & Win!
Ribeira Brava has kicked off its annual Christmas campaign, featuring prizes and festive activities to support local merchants. Explore a variety of products and services offered by 13 participating local businesses, located in the heart of the village.
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.
