The sector should end the year with a small rate of growth, lower than the average of the last few years, which was 2%, according to projections of the Brazilian Packaging Association.
Browsing: Economy
The Brazilian oil company should end 2011 with a trade deficit due to rising domestic consumption of oil derivatives, especially gasoline.
According to an Applied Economic Research Institute specialist, greater confidence in economy and the inflow of speculative capital explain the rise in foreign investment in Brazil since late 2010.
Created for the international market, cosmetics brand Phytophilo has exported to Kuwait and the Emirates. Now it wants to resume sales to the Arab world.
The Brazilian company, a maker of agricultural equipment, plans to start importing tractors from Argentina. Later it should begin assembling and producing in Brazil. The plan includes exports.
Pre-salt layer oil exploration should foster the growth of various sectors of the industry and generate 2 million jobs by 2020 in Brazil, according to a study of the Petroleum Industry Organization.
Saudi Arabia bought US$ 200,000 a month in products from the furniture hub in Ubá, Minas Gerais, in 2010. Imports should rise to an average of US$ 250,000 a month this year.
The purpose of Conaero, launched this Tuesday by the Brazilian government, is to establish and monitor performance targets at Brazilian airport terminals.
The institution points out that, despite oscillations, the value of commodities remains close to the peak of 2008. Those suffering are the poor in developing nations. The Horn of Africa is an example.
First-half result was 37% higher than that of the same period of last year. The company ascribes the increase to the greater sales and production volume.
The Brazilian balance of trade recorded a US$ 366 million surplus in the second week of August. Exports reached US$ 5.3 billion and imports reached US$ 5 billion.
Sector foreign sales totalled 66 million pairs of shoes in the first seven months of the year, according to Abicalçados.
The country hopes to reach production of 74 tonnes of the metal in 2011, which represents 6% growth over last year, according to figures disclosed by the government.
The Brazilian Development Bank (BNDES) posted a net profit of US$ 3.2 billion in the first half, a 47.8% increase. The volume of loans cleared, however, dropped by 6% and reached US$ 34.2 billion.
