Revenues grew 2.4% in the first quarter this year over the same period of 2007. The increase was 1.5 billion reals (US$ 905 million). The interior of the southeastern Brazilian state boosted the performance, according to a survey by the Brazilian Micro and Small Business Support Service.
Author: Mark Ament
Flor dos Hibiscus (Hibiscus Flower), based in the southeastern Brazilian state of Minas Gerais, wants a partner, especially in the Arab world, to help expand production and win the foreign market. The brand produces and trades foods based on hibiscus flowers, which are rich in vitamins, minerals and antioxidants.
The need for a direct flight was one of the matters discussed yesterday between the Brazilian Foreign Minister, Celso Amorim, the Libyan Foreign Business minister, Abderrahman Chalgam, and Public Works minister, Abuzeid Omar Dorda, in Tripoli. They also spoke about the operation of Brazilian companies in Libya.
Opportunities in service trade between Brazil and the Emirates were among the high points of the seminar about bilateral relations that took place in Rio de Janeiro. Also yesterday, within the new Production Development Policy, the government of Brazil announced measures to benefit sector exports.
Foreign sales of the southeastern Brazilian state of Minas Gerais reached US$ 1.6 billion in April, growth of 26.2% over the same month in 2007. In the accumulated result for the year, the state had revenues of US$ 6.2 billion with exports.
The event is scheduled to take place this afternoon at the offices of the National Trade Confederation in Rio de Janeiro. Apart from trade relations, matters like investment, infrastructure, energy and tourism should also be discussed with diplomats, representatives of public organisations and company executives.
According to António Mexia, the chairman at Portuguese energy company EDP, which owns Brazilian enterprise Energias do Brasil, talks are in progress with the Algerian Sonatrach and Brazilian partners for the construction of liquefied gas terminals in the South American country.
A report by the Economic Commission for Latin America and the Caribbean shows that foreign direct investment in the region totalled US$ 106 billion in 2007, a record value. The growth of local economies and the global demand for raw materials were the main boosters for the increase. Brazil received US$ 34.6 billion.
Joca Reiners Terron spent a month in Cairo last year. The city served as the scenery for the novel the Brazilian is writing and that should be published next year. The trip was part of project Amores Expressos (Express Loves), which sent 16 writers from the country to different cities in the world after inspiration for their books.
Joca Reiners Terron spent a month in Cairo last year. The city served as the scenery for the novel the Brazilian is writing and that should be published next year. The trip was part of project Amores Expressos (Express Loves), which sent 16 writers from the country to different cities in the world after inspiration for their books.
Industry in the country posted 7.6% higher revenues in the first quarter of this year in comparison with the same period last year. The sectors that collaborated most for the performance were vehicles, machinery and equipment, transportation equipment and electronic and communications material.
Vanessa Gomes is going to talk about Brazilian efforts in the field of sustainable buildings during The Hotel Show, a hospitality sector fair to be held next month in Dubai. The initiative is from the Arab Brazilian Chamber, which, for the first time, is taking a professional to give a talk in the seminar held in the sidelines of the exhibition.
The money should be made available by 2011. The volume of credit for the federal government has been reduced and the credit for state governments has been expanded. A large share of the funds should go to investment in infrastructure and reduction of social inequality.
