The Brazilian Development Bank (BNDES) should sell its first bonds to a foreign sovereign fund soon. The Middle East is interested.
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Ornamental plant producers from the interior of the state of São Paulo are working, training to increase their output, and are already dreaming of exporting to the Middle East.
According to the Brazilian diplomats, the objective is to guarantee the right of developing countries to produce generic drugs.
The Brazilian minister of Finance, Guido Mantega, said on this Wednesday that the country’s economy is running strong, the minimum wage had real growth, and social inequalities have decreased.
Joint venture GB Polo, between Marcopolo and the Egyptian GB Auto, produced 210 buses in the first quarter of this year in the city of Suez. Plans are to export the vehicles from Egypt in 2011.
The surplus was a result of US$ 4.003 billion in exports and US$ 3.486 billion in imports.
Revenues of micro and small companies in São Paulo increased in the first quarter, compared with the same period of 2009. The information was disclosed by the Micro and Small Business Support Service.
Professional cosmetics developed by the Beox brand, based in São Paulo, will be shipped to Egypt next week. The company is already negotiating with an Egyptian distributor as well.
In comparison with April of last year, however, there was growth. In total, 1.13 million units were manufactured in the first four months of 2010, as against 918,400 in the same period of 2009.
Brazil exported the equivalent of US$ 552 million in the first four months of the year. In April, foreign sales totalled US$ 159 million, representing growth of 98.75%.
The sector posted US$ 9.5 billion in revenues in the first quarter, being US$ 4.1 billion in March alone, the best result ever for the month. Exports, however, dropped by 4.4%.
The surplus was boosted by financial operations, as trade operations generated a deficit. In the accumulated result for the year, the balance is at US$ 5 billion.
The ANBA site received a record number of visits in April, having received 861,200 visitors, as against 707,900 in March. The service inaugurated in 2003 is a reference in Brazilian Internet.
The Brazilian company announced today the purchase of a Legacy 650 by Arab Wings, a charter airline based in the Arab country. The model’s price is nearly US$ 30 million.
