Digital foreign trade platform created by Brazilian firm Intradebook will be used in United Nations projects focused on female entrepreneurs. The solution helps small and medium-sized companies to export.
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An indicator from think tank Fundação Getulio Vargas increased by 9.3 points in May from April, after dropping for several months on end.
The bank will offer its support to the Tunisia Entrepreneur Financial Center. IBRD will guide the Arab country’s center on how to increase its loans and develop products to small firms.
A survey conducted by the OECD shows that growth from January to March 2017 was the highest since the second quarter of 2011. Brazil ranked among the top exporting countries.
The seaport in the state of São Paulo reached its biggest share of total exports/imports from Brazil so far this year in the January-April period, at USD 31.7 billion worth of cargo.
A survey by the Brazilian Central Bank states that financial institutions are expecting the benchmark interest rate to be cut by 1 percentage point in a Copom meeting this week. Inflation forecast was revised up.
Manufacturing industry in the Arab Gulf countries increased, on average, 5% in the last five years. Small and medium-sized companies account for 90% of the sector’s ventures.
During the most important month of the Islamic calendar, Muslims go on a fast from sunup to sundown. Businesses, public buildings and schools operate with reduced opening hours.
Sector turnover is expected to reach USD 313.2 billion within four years. Growth will be driven by expansion of the economy and the population, as well as tourism.
The USD 3.934 billion surplus is the highest for an April since 2015, according to the Central Bank. The first four months of the year saw a primary surplus of USD 4.604 billion.
State-owned company decided to exercise its right in three areas of the Santos Basin. The company will be the operator with a minimum share of 30%.
OPEC members and other large producers decided to keep output cuts until March 2018.
Brazil’s National Federal of Industry output indicator dropped. Sentiment also worsened regarding employment, demand, exports and inputs.
The Gulf country kicked off its Sahim project this Wednesday. The goal is to promote the use of clean energies. Presently, 96% of all electricity in the country is gas-based.
