A partnership between the Export Promotion Agency and the Brazilian Designers Association was renewed yesterday to strengthen fashion exports in 2010 and 2011. The Emirates is a target market.
Browsing: Economy
Two jets of the Embraer 170 model were delivered to Petro Air. The deal’s initial value is US$ 66.8 million, but may reach US$ 146.8 million in case two more purchase options are confirmed.
The Brazilian Ministry of Planning launched a Website this Thursday for businessmen and authorities to be able to plan their investment better. The site brings geospatial and infrastructure data.
Brasília – The flow of dollars in Brazil recorded a net surplus of US$ 2.114 billion last month, according to figures disclosed today (7th) by the Central Bank of Brazil. The result led the foreign exchange surplus in the first quarter to total US$ 2.790 billion, taking into consideration the US$ 399 million deficit posted
The Brazilian industry sold 353,738 vehicles during the month, representing growth of 30% over March of 2009. Exports grew by 67% and totalled 58,000 units.
Revenues from shipments totalled US$ 2.3 billion in the first quarter, confirming the resumption that started in February. The flow of trade increased by 48% and exceeded US$ 3.8 billion.
The country ranks second among the G-20 nations, after China. Over half the entrepreneurs are women aged 18 to 34. The data were culled from the GEM survey disclosed today.
The Brazilian company sold 733,000 barrels of oil a day in March. The total for the month – 22.73 million barrels – exceeded the greatest figure in company history, for December 2008.
The Libyan currency reserves total US$ 100 billion and grant stability to the country, according to the Central Bank. The factor is a key one when it comes to attracting foreign investment.
Brazilian exports increased by US$ 15.7 billion in March, representing growth of 33% over the same month of last year. Imports rose by 50% and exceeded US$ 15 billion.
A financing contract has been signed by Transpetro, the Brazilian Development Bank (BNDES), and the shipyard. The Panamax-type oil ships are evaluated at US$ 480 million. Delivery will start in 2012.
OGX has announced the discovery of hydrocarbons in the Aptian section of well OGX-8, located in block BM-C-41, in shallow waters in Campos Basin.
The surplus from January to March was US$ 895 million, resulting from US$ 39.229 billion in exports and US$ 38.334 billion in imports.
The Brazilian industrial production grew in February compared with the same month of last year. Segments with the highest growth rates included vehicles, with 36.3%, and machinery, with 42.3%.
