The number of active enterprises in the country by the end of 2016 was 5.05 million, according to the Brazilian Institute of Geography and Statistics (IBGE). The number is down 1.3% from 2015.
Author: Agência Brasil
In May, the current account surplus was USD 729 million. Year-to-date, however, it has a USD 4 billion deficit.
Sales will continue into next week in a bid to curb the hike of the US dollar relative to the real. The North American currency gained 0.53% during this week.
The Ministry of Labor issued an ordinance determining that work permit to immigrants must be issued within 15 days, at the most.
Brazil’s Ministry of Agriculture has launched a development plan for the sector, which aims to increase beans exports. In 2017, the country sold 106,000 tons to foreign markets.
The executive of the Energy Research Office, José Mauro Ferreira Coelho, believes that the country will be among the five major exporters of the sector in 2026 due to the combination of production increase and lack of expansion in the oil refinery area.
Demand for goods by the Brazilian industry sector increased 1.2% in April over March.
The country’s economy shrank in the quarter that ended in April but grew in the month over the same period of 2017.
Financial institutions polled by the Brazilian Central Bank expect the Brazilian economy to grow 1.76% in 2018. Last week’s forecast called for a 1.94% forecast.
The Brazilian monetary authority said it will offer currency swap contracts starting next week to reduce volatility of the United States currency.
The Brazilian Institute of Geography and Statistics (IBGE) released this Tuesday (12) its estimate from May regarding the cereal, oilseed and pulse harvest. The expected amount is down 0.8% from April.
Throughput at government-managed ports in the country was up 3.2% in the first quarter, while privately-run terminals saw a 2.3% decline in cargo handled.
The International Air Transport Association, which represents 290 airlines in 120 countries, says governments must be cautious in handing airports over to private sector players.
An indicator from the Institute for Applied Economics Research (Ipea) showed an increase in April from March.
