Browsing: Economy

From the Newsroom* São Paulo – A total of 1.2 million new lines were enabled in Brazil in February, according to data supplied by the National Telecommunications Agency (Anatel). The figure represents an increase over the 469,000 new lines enabled in the same month of 2007. It was the best month of February in the last

The products most exported by the northeastern Brazilian state in the first two months of the year were fruit. Melon was the most sold product, at US$ 18 million. In total, Rio Grande do Norte had revenues of US$ 72.4 million with exports between January and February this year.

Agência Brasil* Brasília – The Brazilian balance of trade posted a US$ 527 million surplus in the second week this month, according to data disclosed today (17) by the (Brazilian Ministry of Development, Industry and Foreign Trade. Last week, exports totalled US$ 3.494 billion and imports, US$ 2.967. In the first week this month, a

Agência Brasil* Brasília – Market analysts project that by the end the year the dollar should be worth the equivalent of 1.75 reals, as against the 1.78 reals previously estimated. The dollar has been depreciating against the real (Brazilian currency) for three consecutive weeks now. For the current month, the estimate was revised up from

It was the best January in the history of the industrial hub, according to Suframa, the organisation that administers the area. Exports totalled US$ 92.4 million, an increase of 31.7%. Production of motorcycles continues boosting the performance of local industry.

According to Embraer president Frederico Pinheiro Fleury Curado, one of the main fronts for growth is in the region, where Embraer has 100% of the market of commercial jets of up to 120 seats. Egypt, Jordan, Saudi Arabia, Libya and the United Arab Emirates received company aircraft in 2007.

From the Newsroom* São Paulo – Brazilian imports of chemical products surpassed US$ 4.8 billion in the first two months this year. The amount is 50.4% greater than in the same period of 2007. The list of products was topped by fertilisers and intermediate inputs for fertiliser production. The data were supplied by the Brazilian

Agência Brasil* Rio de Janeiro – According to data disclosed yesterday (12th) by the Brazilian Institute for Geography and Statistics (IBGE), industrial employment decreased 0.4% in January compared with December 2007, in the seasonally adjusted series. This is the second negative result back-to-back. In the monthly analysis, however, the indicator is positive, showing an increase

Shipments of Brazilian products to the region totalled US$ 1.23 billion in the first two months of 2008. Meats, sugar, ore, grain and dairy products were the main items sold. Imports, on the other hand, stood at US$ 1.37 billion, a 68% rise over the same period last year.

From the Newsroom* São Paulo – Brazilian aircraft manufacturer Embraer announced today (12th) that Lebanese company M1 Travel converted into firm orders three purchase options for Embraer 190 jet aircraft. The value of the contract, according to the Brazilian company, is US$ 112.5 million. This raises up to five the number of aircraft ordered by