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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Madeira Plans Study for Megayacht Marina

Madeira Plans Study for Megayacht Marina

Madeira will study building a megayacht marina in 2026, aiming to further expand the tourism sector and serve luxury yacht travelers.

Continente Announces Food Price Increases in 2026

Continente Announces Food Price Increases in 2026

Continente announces food price increases for 2026, claiming inflation pressure and and tight retail margins in Portugal.

41% of T1 Apartments in Funchal Are Selling Within a Month

41% of T1 Apartments in Funchal Are Selling Within a Month

Funchal’s real estate market shows rapid sales for smaller apartments, with T1 and T2 units selling often within a month.

World Travel Awards: A Commercial Ecosystem Disguised as Prestige

World Travel Awards: A Commercial Ecosystem Disguised as Prestige

Madeira is a regular top contender at the World Travel Awards. Often billed as the “Oscars of travel,” the awards operate largely as a self-sustaining marketing cycle and face serious accusations online.

Madeira’s Development Crisis: GDP Rises, Relative Income Falls

Madeira’s Development Crisis: GDP Rises, Relative Income Falls

Stats don’t lie. Madeira's GDP has nearly doubled the Portuguese average, yet disposable income decreased - a development eroding society.

Why Trump is Targeting Venezuela

Why Trump is Targeting Venezuela

Trump’s moves against Maduro’s Venezuela aren’t about drugs - they’re a power play designed to gaining leverage over Russia and reshaping the global order.

Why Airport Growth Depends on Factors Outside the Terminal

Why Airport Growth Depends on Factors Outside the Terminal

Madeira Airport has the potential to accommodate more passengers, but future growth does not depend on the size of the terminal.

Albuquerque Eyes Miami: Madeira Seeks Growth in US Travel

Albuquerque Eyes Miami: Madeira Seeks Growth in US Travel

Growth is in the air! During the celebration of Madeira’s five-million-passenger milestone, President Miguel Albuquerque eyed Miami, calling for stronger US connections and more international flights.

Madeira Leads Luxury Housing Supply on Portuguese Islands

Madeira Leads Luxury Housing Supply on Portuguese Islands

Madeira is the main market for luxury homes on the Portuguese islands. Rising supply, lower demand, and strong interest from abroad are shaping the region’s property scene.

Portugal Pushes Back After Ryanair Cancels Azores Flights

Portugal Pushes Back After Ryanair Cancels Azores Flights

Ryanair’s plan to end all flights to the Azores from 29 March 2026 could have serious economic impacts. Here’s a breakdown of the dispute.

Housing Loans in Madeira Grow 30%, Wakening 2008 Crisis Risks

Housing Loans in Madeira Grow 30%, Wakening 2008 Crisis Risks

Madeirans borrowed €570 million, mostly for buying homes, a 30% increase from 2023. Experts warn that high debt levels could trigger 2008-style risks if property values drop or incomes and interest rates change.