The Sapucaia municipality, in Rio, will host the country’s first factory of the type. Kasinski brand motorcycles and bicycles will be produced by CR Zongshen E-Power. The unit will operate in 2011.
Author: Agência Brasil
The GDP growth estimate for the next few years in Brazil was culled from publication Brazilian Economy in Perspective, issued by the Ministry of Finance.
Bank of Brazil and Bradesco have started negotiating to operate in Africa alongside Portuguese institution Banco do Espírito Santo. They established a partnership to look into investing in the region.
In the first week of the month, exports totalled US$ 4.42 billion and imports, US$ 3.47 billion.
The First Export program was launched today in the state of Espírito Santo and covers seven Brazilian states. on Monday, it will be introduced in the states of Paraná and Santa Catarina.
A bill of the Foreign Trade Board reduced tax on items for the aircraft, computer, telecommunication and capital goods industries.
The optimism of Brazilians increased in July for the third month in a row and reached 116.8 points. There was growth of 1.8% over June. The basis is 100 points, above which expectations are positive.
Sectorial association Abinee expects the sector to post revenues of over US$ 71 billion in 2010. The segments that grew the most were computers, industrial equipment and appliances.
The projection for the crop is in the 2009/2010 study. The volume is 8.8% greater than in the last cycle and 2% greater than the previous record, of 144.1 million tonnes.
A bill on the matter was published on the Official Gazette this Monday. Travellers are allowed to bring new or used items, for personal consumption or as gifts, without paying taxes.
Exports in July totalled US$ 17.67 billion, as against US$ 16.32 billion in imports. The result was positive, in spite of a US$ 127 million deficit in the fifth week.
In the first six months this year, the activity level indicator remained above 50 points, which indicates growth. The survey was disclosed by the National Confederation of Industries.
The Brazilian primary surplus was US$ 1.166 bn in June and US$ 22.7 bn in the first half this year according to the Central Bank. The result is higher than the one recorded in the same period of 2009.
Brazilian foreign debt bond trading totalled US$ 825 million, being US$ 750 million on the European and United States market, and US$ 75 million on the Asian market.
