Browsing: Economy

The Brazilian Development Bank and the Ministry of Development, Industry and Foreign Trade should create the institution turned to export finance.

Brasília – The volume of credit in the financial system totalled 1.248 trillion Brazilian reals (US$ 592 billion) in April, a figure equivalent to 42.6% of the Gross Domestic Product (GDP), i.e. the sum of all goods and services produced in Brazil. The figures were disclosed today (27th) by the Central Bank. In March, the

Brasília – The chairman of the Brazilian Development Bank (BNDES), Luciano Coutinho, said today (27th) that the Brazilian economy may grow up to 4% in 2010. According to him, the industry should “start getting out of idleness” still this year, as a result of a solid domestic market. “In the coming months, investment may be

Brasília – Current transactions (all operations of Brazil abroad) resulted in a surplus of US$ 146 million in April. However, year to date, the result is a deficit of US$ 4.874 billion. This information was disclosed today (26) by the Central Bank. The positive result last month was the first after 18 months running of

Brasília – Foreign direct investment in Brazil reached US$ 3.409 billion in April this year, according to figures disclosed today (26) by the Central Bank. In April 2008, this value was greater, US$ 3.872 billion. From January to April this year, the foreign direct investment reached US$ 8.751 billion, against US$ 12.671 registered in the

Items by artist Maqueson Silva, from the state of Acre, crossed the country’s borders 10 years ago. They are sold to Europe, the United States, China, and, since last year, to the emirate of Dubai.

The company wants to double in size by 2012, according to group president Ivan Zurita. For this, the company plans to become more aggressive in the commercial area and to invest in new sectors.

The new company, established from the merger of Sadia and Perdigão, was announced yesterday, in São Paulo. Countries in the Middle East are already among the main foreign markets for both companies.