Browsing: Economy

Export revenues reached US$ 7.4 billion from January to October this year, 18.8% a figure higher than the US$ 6.2 billion recorded in the same period last year, but less than 2008’s US$ 10.3 billion.

The action is part of an agreement that made Brasília and Luxor sister cities. This is the first time the city zoo receives a donation from an Arab country. The camels should arrive in December.

Foreign direct investment into Brazil reached US$ 29.4 billion up until October and US$ 2.2 billion so far in November. The figure is higher than the projection for the year, which is US$ 30 billion.

In the first ten months of this year, expenses of Brazilians abroad totalled US$ 13.160 billion, exceeding the result for the whole of last year, which ended at US$ 10.898 billion.

Brazilian industrial entrepreneurs remain optimistic about the economy, but the confidence rate has dropped in November compared with October, according to a survey conducted by the CNI.

According to the Fiesp, from July to September this year, imported goods have accounted for 22.7% of domestic consumption, as against 20.7% in the second quarter. The ratio is the highest since 2003.

The enterprise achieved a net profit of US$ 925 million in the first half of the 2010-2011 financial year. The figure represents growth of 351% over the same period of the previous financial year.

Pepper sauce maker from Barreiras, in Bahia, wants to win Brazil and foreign countries with its Malagueta peppers in 2011. A deal is being negotiated with a European company to speed up the process.