The minister of the General Secretariat of the Presidency, Gilberto Carvalho, believes that the pace of investment will be somewhat slower this year, but hydroelectric plants will be built.
Browsing: Economy
Vale Mais Alimentos, a company that manufactures biomass from green banana, an input that replaces wheat flour, is going to begin exporting to the Saudi market.
The Dubai International Financial Centre is seeking Brazilian companies interested in establishing themselves in the emirate. The focus is on oil, energy, agribusiness, mining and aviation.
According to the National Treasury secretary, Arno Agustin, the government should issue Brazilian foreign debt securities denominated in Brazilian currency on the international market this year.
Despite the political crisis, Brazil still finds space to expand sales to the Arab world. The theme was the subject of an interview on Tuesday (10), at the Arab Brazilian Chamber, in São Paulo.
The company revenues totalled US$ 15.6 billion in the April 1st 2010 to March 31st 2011 fiscal year. Net profit was US$ 1.6 billion, a record figure for the organisation.
A survey conducted by the HSBC bank shows that the Middle East and North Africa are the most confident regions regarding the development of international trade in the coming six months.
The Arab country should adopt an economic model more open to foreign countries and diversification of international partners, according to the Tunisian minister of Finance, Jalloul Ayed.
The Brazilian trade balance posted a surplus of US$ 969 million in the first week of May, according to the Ministry of Development.
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.
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.
