Browsing: Economy
Agência Brasil* Rio de Janeiro – The Brazilian Gross Domestic Product (GDP) grew 5.4% in 2007. Total value was 2.6 trillion reals (US$ 1.5 trillion) according to information from the Quarterly National Accounts of the Brazilian Institute for Geography and Statistics (IBGE), which are being disclosed today (12th). The result is the highest since 2004,
Agência Brasil* Brasília – The National Confederation of Industries (CNI) will promote, from March 25th to May 25th, the Exhibit 200 Years of Industry in Brazil. The show, which will occupy an area of 1,250 square metres at the Museum of the Automobile, in the Brazilian capital Brasília, is comprised of 252 items representing the
The industry wants to increase its foreign sales by 20% until the end of the current year. The objective is to reach US$ 14 million, according to data disclosed by the Brazilian Export and Investment Promotion Agency and Anafima, an association in the sector. These two organisations are carrying out a programme for encouraging exports of national musical instruments and audio equipment.
Agência Brasil* Brasília – Market analysts have raised their projection for growth in Brazilian industrial production from 5% to 5.04% this year. The estimate was taken from the Focus bulletin, a weekly publication of the Brazilian Central Bank elaborated by research among 100 financial institutions regarding the leading economic indicators. By late 2009, a 4.5%
From the Newsroom* São Paulo – The return on net assets for companies listed in the São Paulo Stock Exchange (Bovespa) was 16.02% last year, according to Brazilian newspaper O Estado de São Paulo. The percentage was greater than the one recorded in the United States, which was 14%. In the financial sector, the return
Agência Brasil* Brasília – Exports totalled US$ 3,228 billion and imports, US$ 3,387 billion, resulting in a trade deficit of US$ 159 million in the first week of March. The data were supplied by the Ministry of Development, Industry and Foreign Trade, which discloses the weekly trade balance results every Monday. A negative result of
The mining industry in Brazil plans to invest US$ 32 billion by 2011, according to forecasts by the Brazilian Mining Institute. Of this total, US$ 14 billion should be sent to the iron ore sector. The heated domestic and foreign markets are the reasons for greater investment.
Food importer La Violetera distributes in Brazil dates from Tunisia and capers from Morocco and Syria. The purchase of Arab products grew 30% last year, boosted by exchange rates and by greater distribution. In 2007, the company also started trading Moroccan couscous.
Food importer La Violetera distributes in Brazil dates from Tunisia and capers from Morocco and Syria. The purchase of Arab products grew 30% last year, boosted by exchange rates and by greater distribution. In 2007, the company also started trading Moroccan couscous.
One of the 29 companies of Elloumi group, Stifen, has plans to open a unit for the production of fruit pulp for the production of yoghurt in Brazil. Company representatives were yesterday at the offices of the Arab Brazilian Chamber of Commerce and said that they see in Brazil a great market.
Pier 1 Comex, a foreign trade company based in the southeastern Brazilian state of São Paulo, provides services to small and medium companies. The company owner, Marcelo Cunha, also does consultancy work in the area and accompanies the directors of the companies he assists during trade missions and at foreign fairs, like the Arab Health, which takes place in Dubai.
