Browsing: Economy
The country received US$ 37.4 billion in foreign direct investment last year, a historic record, and was in the first place in Latin America and in the third place among developing nations. Arab nations like Egypt and Morocco also received expressive funds. This information was disclosed yesterday by the Unctad.
From the Newsroom* São Paulo – Global flows of foreign direct investment (FDI) totalled US$ 1.5 trillion in 2007, according to preliminary data disclosed today (8th) by the United Nations Conference on Trade and Development (Unctad). The amount is a new record, surpassing the value posted in the year 2000, which was US$ 1.4 trillion.
From the Newsroom* São Paulo – Renault Brazil announced today (8th) that it hit record highs in sales, production and exports in 2007. According to the press office at the company, a total of 73,875 vehicles were sold in Brazil, an increase of 43% compared with 2006, production reached 109,200 units, nearly 60% more, and
Agência Brasil* São Paulo – The National Association of Vehicle Manufacturers (Anfavea) announced today (7) that vehicle sales in 2007 – including light vehicles, lorries and buses, assembled and disassembled – totalled 2.46 million units, including national and imported vehicles. The performance is the highest in the history of the country, according to the Anfavea,
From 2004 to 2007, fees have fallen 16% on average, to 9%, and the time necessary for product customs clearance has dropped considerably. Private organisations, however, say that the country can still progress very much in sector reforms.
In the sidelines of the autumn-winter pageants at the Fashion Rio, which begins in Rio de Janeiro today (7), the 11th edition of Fashion Business will also be promoted, until Friday. Among the buyers, 31 are foreign, two being distributors from the United Arab Emirates.
The US$ 152 billion value reached in 2006 is the largest since 2001. The United States and the United Kingdom were the main receptors of deposits. The figures were included in a study disclosed by the Central Bank of Brazil on Friday (4).
The Arab market was among those responsible for the increase in sales by the medical, hospital and laboratory equipment producer from the southeastern Brazilian state of São Paulo. According to the executive director at the company, Marlene Schmidt, the Arab nations are the second main destination for company products.
Memories of a childhood in Lebanon provided the inspiration for the 2008 collection that designer Raouda Assaf created for the brand that bears her name and is manufactured in Brazil. The models designed by Raouda can be found at store Conceito Showroom, in the southeastern Brazilian city of São Paulo, and in approximately 50 multi-brand stores throughout the country.
This statement was made by the vice president in the business aviation area at the company, Luis Carlos Affonso. The region registers, for example, the largest number of orders for Lineage 1000 aircraft, the largest executive jet offered by the company.
Agência Brasil* Brasília – The Brazilian trade balance ended the year of 2007 with a surplus of US$ 40 billion. The result is 13.8% lower than the surplus for 2006, which was US$ 46.4 billion. In 2007, exports reached US$ 160.6 billion and imports totalled US$ 120.6 billion. The figures were disclosed today (02) by
