The institution announced a new loan program. The primary focus will be on promoting small businesses, which account for most of the jobs in the country.
Browsing: Economy
Truck sales by the carmaker’s Brazilian arm climbed 30% to date this year. The company is looking to end 2018 with a 40% increase in sales to the Middle East and Africa.
The United Nations Conference on Trade and Development estimates that merchandise exports will amount to USD 19.6 trillion by the end of 2018.
The state-run oil company released its business plan for 2019-2023. The bulk of funds will go into exploration and production.
US dollar outflows exceeded inflows last month. The deficit stemmed from financial operations.
Brazil’s National Agency for Petroleum (ANP) has authorized nine more enterprises to bid for oil and gas exploration and production in previously tendered fields or blocs that were given up on by the winning bidders.
A global poll from Ipsos shows that 63% of Saudi Arabians wish to open their own businesses by 2020. Brazil ranks 6th with a rate of 43%.
In October from September, industry production climbed 0.2% after going down for three months in a row.
The country produced 117 million cubic meters per day in October, up 2.1% year-on-year.
The country is the leading exporter of natural gas in the world. The Qatari minister of Energy, Saad al Kaabi, said the goal is to ‘focus on the gas business.’
The second highest surplus on record for a November came as a result of USD 21 billion in exports and USD 17 billion in imports.
Foreign sales fetched nearly USD 70 million from January to October, the Moroccan Ministry of Tourism reported.
The Extended National Consumer Price Index (IPCA) slid for the sixth week back-to-back, this time to 3.89%, as per a Brazilian Central Bank poll.
Quarter three economic expansion was driven by services, the Brazilian Institute of Geography and Statistics (IBGE) reported.
