Consortium headed by the company was awarded lines 5-Lilás and 17-Ouro of São Paulo’s rail transportation system for BRL 553.8 million (USD 177.55 million).
Browsing: Economy
The index, measured by the National Confederation of Industry, reached 59 points this month, the highest level since April 2011.
The state-owned airline based in Doha changed the date due to a lack of availability of aircrafts to fly the route.
An index from Brazil’s National Confederation of Trade increased in January. Nevertheless, its score remains lower than the so-called ‘zone of indifference,’ which shows consumers are cautious.
Brazil purchased USD 6.5 billion worth of goods from Arab countries in 2017. Exports to the region climbed 18% to USD 13.6 billion, with the trade surplus figure reaching an all-time high.
The Focus Bulletin released this Monday (15) by the Brazilian Central Bank includes a lower price hike expectation and a likelihood of stronger GDP growth.
The event was intended for the sharing of information and ideas regarding the organization. A research showed that the Chamber enjoys credibility.
After getting worse for three years on end, results are expected to remain strong as a new growth cycle, industry association Fenabrave said.
Data released by the Brazilian Central Bank this Monday (15) shows economic activity kept increasing again during the month.
Brazil’s state-run oil company Petrobras said costs were raised by 1.4% and 0.7%, respectively, this Friday (12).
Five out six subsectors saw growth, as per a survey by the Brazilian Institute of Geography and Statistics (IBGE), including services rendered to households, information/communication and tourism.
Brazil’s Extended National Consumer Price Index ended 2017 up 2.95%, down from 6.29% in 2016.
The UAE, which is the primary Arab buyer of shoes from Brazil, stripped down its imports by 19% to USD 13.4 million last year.
Sales were up 0.7% from October and 5.9% year-on-year, the Brazilian Institute of Geography and Statistics (IBGE) said.
