Browsing: Economy

Monthal, which owns a lingerie factory in Rio de Janeiro, exports to the United Arab Emirates and wants to increase its sales to the region. The company launched an eco-friendly bamboo fibre line.

A study shows that out of total investment in the continent, only 13% comes from African countries. Egypt, Morocco, South Africa and Nigeria are among those that invest the most in the region.

The government has cut the cost of several goods on supermarket shelves, including beef and chicken from Brazil. The country will also increase its inventories of commodities in July and August.

Brazilian designer Milena Hamaní creates the threads that she uses in her collections using yarn made from PET bottles. She has just closed her first foreign sales deals.