Investors from aboard were the main players in the São Paulo Stock Exchange in February. Foreigners answered to 35.5% of the trading and bought more than they sold.
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Company Bag For Life produces handbags that join fashion and ecology. They are made out of ecologically correct and reusable materials. After launching itself in Brazil, the company wants to export.
Sector revenues totalled 2 billion in 2008, with growth of 10% over the previous year. The per capita consumption of pasta in Brazil is 6.4 kilograms a year.
Libya has US$ 50.5 bn invested abroad, including investment, deposits in bank accounts and stock market and fund investment. This information was disclosed by the country’s foreign investment agency.
NC Internacional, from São Paulo, is in charge of the release of a retail chain of luxury Brazilian brands abroad. The first boutique should be opened in the Emirates, in December.
Female shoes made by Donna, which has a factory in Campina Grande, already exported to countries in Latin America, Europe and Africa. The brand also started contacts with importers in Dubai.
The Brazilian female shoe brand should receive the Business Award Franchise 2009, in France, in March. It is recognition for the brand’s expansion and originality of its shops.
The volume of shoes shipped by Brazil to the Arab market in January rose 23%, to 277,600 pairs. The Saudis purchased the largest volume.
For 2009, the Central Bank estimates investment of US$ 30 billion. In January last year, Brazil had received US$ 4.823 billion in FDI and in the whole of 2008, US$ 45.06 billion.
Rio de Janeiro should have a centre of excellence in the Schlumberger network, which has 13 points worldwide, one in Saudi Arabia. Petrobras is negotiating credit of US$ 10 bn with China.
Executives at the company stated that the measures adopted by governments to stimulate their economies should help boost global sales, affected by the crisis.
The government of Egypt announced a US$ 2.7 billion plan to try to stunt the foreign investment drop in the country. The funds should be turned to projects in partnership with private organisations.
The Export Financing Program has been expanded to include Brazilian companies with annual revenues of up to US$ 257 million. The previous limit benefited those with revenues up to US$ 128 million.
This was the trade balance result of the textile sector in January 2009. Imports reached US$ 66.9 million in textile products, against US$ 19.8 million exported.
