The estimate was made by the Federation of Industries of the State of São Paulo (Fiesp). Industrial activity increased by 2.6% in July and by 12.7% since January.
Author: Agência Brasil
The Sugarcane Industry Association revised its estimate for this year’s sugarcane crop due to a dry spell. A total of 573.83 million tonnes should be milled, a 3.7% decline over the last projection.
Industry revenues in the first seven months of 2010 exceeded those of the same period last year by 16.6%.
The service sector grew at higher rates than the economy as a whole in 2008, according to a research by the IBGE. While the GDP grew 5.1%, non-financial services grew 18.8%.
A legal opinion issued by the Attorney General’s Office is going to limit sales of Brazilian land to foreigners or foreign-owned companies.
A legal opinion issued by the Attorney General’s Office is going to limit sales of Brazilian land to foreigners or foreign-owned companies.
The Brazilian company established a partnership with the United States-based KL Energy for developing alcohol fuel production from sugarcane bagasse.
Volume of financing granted in the 2009-2010 crop was 14% greater than in the previous period.
The figure is a result of US$ 13.2 billion in Brazilian exports and US$ 11 billion in imports.
Foreign direct investment totalled US$ 2.6 billion in the country in July, and US$ 14.7 billion in the first seven months this year, according the Brazilian Central Bank.
A Sebrae study shows that revenues of micro and small companies in the state grew over 10% in the first half. Businessmen are optimistic regarding the second half.
The largest financing ever granted by the institution to a municipality will be allocated to slum urbanization works. The first instalment, of US$ 545 million, will be cleared in the next few days.
Foreign sales of poultry posted record-high growth this year in the state of Paraná. From January until July, exports increased by 13.61% in comparison with the same period of last year.
The Brazilian minister of Finance, Guido Mantega, stated that oil company Petrobras will carry out a fundraising operation in September. The funds will be invested in pre-salt layer exploration.
