The winning bidder for two seaports in Santarém, Pará was Consórcio Porto Santarém, a consortium formed by Petróleo Sabbá and Petrobras Distribuidora.
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The government has launched a series of measures that, when fully implemented, will cut down times from 13 to 8 days for exports and 17 to 10 days for imports. For now, the new rules are only in effect in four airports.
Survey by Fundação Getulio Vargas registered a 2.9 points increase to 90.7 points, the best result since May 2014.
The company has already sent samples of its cheese bread, made without artificial flavoring, hydrogenated fat or preservatives, to the United Arab Emirates and Canada. Currently, it’s been negotiating its first exports contract.
Algeria’s government-run oil company intends to increase national reserves and step up oil and gas output.
The Brazilian Ministry of Finance sees the economy growing by 0.5% this year, down from a prior forecast of 1%.
Official rate went up 0.15% in March. The price increase year-over-year is near the center of the established target of 4.5%.
Loans made by the Brazilian Development Bank (BNDES) totaled BRL 10 billion (USD 3.23 billion) in January and February, a decline of 16% over the same months of 2016.
The index measured by the National Commerce Confederation for Goods, Services and Tourism increased 0.9% in March over the same month of last year.
The Arab Chamber will mark the date with an arts and crafts exhibition at a São Paulo Metro station starting next Saturday (25). A thoroughbred Arabian horse race at the city’s Jockey Club is also scheduled.
Last week saw the country run a USD 1.437 billion surplus, the result of USD 4.262 billion worth of goods exported and USD 2.825 billion in imports.
A poll of Brazilian banks shows the price increase estimate for the country this year slashed for the second time in a row, this time from 4.19% to 4.15%.
The Federation of Muslim Associations in Brazil (Fambras) reported a 12% increase last year. For the federation’s president, Mohamed El Zoghbi, there’s a continuous demand for Brazilian products in the Arab countries.
Inflation as measured by the Weekly Consumer Price Index (IPC-S) declined in most of the seven capitals surveyed among the first and second week of March.
