Frutos da Amazônia makes products including cupuaçu, açaí, taperebá and nut-based bonbons and biscuits. It supplies the high-end market in Brazil and is looking to increase its exports.
Browsing: Economy
Foreign sales of capital goods produced in Brazil declined in September over the same month in 2015, but improved year-to-date.
The managing director of the IMF visited Riyadh and met with the bloc’s ministers. She praised the measures taken in response to low oil prices, but suggested further spending cuts and revenues diversification.
Indicator improved in October over September. In comparison to October of last year, however, there was a decline of 5.7%.
Such was the increase in industrial products’ prices out of the gate in September in Brazil. Costs had dropped in both July and August.
The report Doing Business 2017 shows that 137 out of 190 countries adopted pro-business measures in 2015. Brazil leads in number of reforms implemented in Latin America, but dropped in world ranking.
The president of the Latin American Steel Association said a rebound is due in the continent in 2017 as a result of a pickup in the world economy.
The country saw USD 2.5 billion in net US dollar inflows in October, ending a five-month run of net outflows. The Law on Repatriation of Funds was a factor.
Trade in goods not including petroleum and its products climbed 3% in the country in the first half of the year, to USD 150.6 billion. Top-selling export products include gold, aluminum and jewelry.
The Brazilian and French oil companies signed on to a memorandum of understanding for exploration and production of gas and energy.
Brazil’s trade surplus reached USD 709 million last week. The first two weeks of October also ended in surplus.
A poll of Brazilian financial institutions shows expected rates of 6.89% this year and 5% in 2017. Last week had seen higher forecasts.
The son of Lebanese parents that arrived in Brazil in the 1920s, he is the CEO of Copagaz and of Rede Globo-affiliated TV stations Morena and Centro América, from the states of Mato Grosso do Sul and Mato Grosso.
The indicator measured by the National Confederation of Industry declined from 50.8 points in August to 45.8 points last month.
