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The International Business Center of Madeira (IBCM) or Madeira International Business Centre (MIBC), formally known as the Madeira Free Trade Zone, is a set of tax benefits authorised by Decree-Law 500/80 in 1980, legislated [1] [2] in 1986, and amended throughout the years by the Portuguese government to favor the Autonomous Region of Madeira.
The Rio Madeira A, B and C sustainable yield forests were created in 1990, among eight state forests created that year on the left bank of the Madeira River.The others were the Rio Vermelho A, B, C and D sustainable yield forests and the Rio Abunã Sustainable Yield Forest They covered an area of 587,207 hectares (1,451,020 acres). [1]
A Brazilian Swap is a type of swap where the floating rate is calculated using an average rate and has only one payment, which occurs at maturity. [1]The average rate used for the Floating Leg is the Average One-Day Interbank Deposit (aka CDI rate, or overnight DI rate) which is an annual rate and is calculated daily by the Central of Custody and Financial Settlement of Securities (CETIP).
Quinta Vigia serves as the seat of the Presidency of the Government of the Autonomous Region of Madeira. In the historic centre of Funchal, next to the Cathedral, stands the Building of the Regional Government of Madeira. This property was erected in the 17th century to house the Santa Casa da Misericórdia do Funchal and its hospital, having ...
Madeira was also the host of the 2003 World Handball Championship. The Rally Vinho da Madeira is a rally race held annually since 1959, considered one of the biggest sporting events on the island [147] It was part of the European Rally Championship from 1979 to 2012 and the Intercontinental Rally Challenge from 2006 to 2010.
The Legislative Assembly of Madeira is composed of deputies, elected by universal, direct and secret suffrage, by constituencies. According to the Electoral Law, the regional parliament has 47 deputies elected in a single regional constituency. Voters are Portuguese citizens registered in the voter registration of any municipality in the ...
Capacitor discharge ignition (CDI) or thyristor ignition is a type of automotive electronic ignition system which is widely used in outboard motors, motorcycles, lawn mowers, chainsaws, small engines, gas turbine-powered aircraft, and some cars.
The region of Madeira and Porto Santo has a total population of just under 256,060, the majority of whom live on Madeira Island (251,060) where the population density is 337/km 2; leaving around 5,000 on Porto Santo island where the population density is 112/km 2. About 247,000 residents, or 96% of the population, are Catholic.