On Thursday, the Arab Brazilian Chamber should promote a seminar for businessmen on the current economic scenery in the region, which is facing political and social transformations.
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Lebanese descendent owner of the hotel in São Paulo, Henry Maksoud, discusses new developments at his enterprise, an icon of the 1980s. Suites will get laminate flooring and panoramic bar will open.
Revenues of the Brazilian plastic industry increased by 35% in 2010 over the previous year. According to sector organization Abiplast, revenues reached US$ 25 billion.
Brazil exported 48,700 units in April this year, growth of 50.7% over April 2010. Figures disclosed on Friday, in São Paulo, by the sector association.
The country had revenues of 10.2 billion dirham, equivalent to US$ 1.3 bn, with foreign sales of phosphates up to March. There was growth of 55% over the same months in 2010.
Fair Hands of the Earth ends next Sunday in the city of Caxias do Sul, in Rio Grande do Sul, and shows the handicraft of 28 countries, among them six Arab nations.
A grower from the interior of the state of Minas Gerais is gaining space in Europe selling Tahiti lemon. He already ships five containers’ worth of the fruit each week. Arabs are on target.
Since the beginning of the week, representatives of Brazilians living overseas discuss their main needs with ministries. One of the requests is for more Portuguese to be taught.
Report disclosed by the Eclac reveals that foreign direct investment in Latin America and the Caribbean reached US$ 112.6 billion in 2010. Brazil received the highest inflow of funds.
According to the Central Bank chairman, Alexandre Tombini, intense capital flows into Brazil are fuelling the expansion of credit and hampering the control of inflation.
The average number of contracts per day in April at the Securities, Commodities and Futures Exchange reached nearly 3.5 million. The São Paulo Stock Exchange, however, depreciated during the period.
Surplus in the inflow vs. outflow of foreign currency in the country was driven by the flow of trade. Year-to-date, the accumulated surplus stands at US$ 37 billion.
The drop was last month as against March, according to the Central Bank of Brazil.
The number of projects by foreign investors increased from 338 in 2003 to 633 last year, according to an Ernst & Young survey. The bulk of funds went to ten countries, five of which are Arab.
