Browsing: Economy

Registration of motor vehicles in Brazil reached 3.8 million units from January to September this year, according to data supplied by the National Motor Vehicle Dealership Association (Fenabrave).

The country’s foreign sales generated US$ 18.8 billion in September against US$ 13.8 billion in the same month in 2009. The Brazilian trade balance had a US$ 1 billion surplus.

The dollar has dropped to the lowest value in the last two years this Thursday and is equivalent to 1.69 real. To analysts, however, the variation should not impact greatly on Brazilian foreign trade.

The new OTB Concepts shop, to open in the Kuwaiti capital on the 10th, should join fashion and art of Brazil and five other countries. Among the garment brands are Marcelu Ferraz, Zeferino and Osklen.

Artist Miriam Pires has made her talent into business and has become an exporter of artistic ecological paper. It is made from natural fibre and gets to the Untied States, Spain and France.

Santa Catarina state-based lingerie maker 2 Rios wants to reach the Arab world by offering comfortable items with innovative design. It is negotiating with distributors from the Emirates and Lebanon.