Agência Brasil* Rio de Janeiro – The Brazilian Development Bank (BNDES) announced yesterday (12th) that it has approved a funding of 2.49 billion reals (US$ 1.41 billion) for building the Coari–Manaus natural gas transport pipeline, owned by Petrobras, in the northern Brazilian state of Amazonas. The funding is one of the actions forecast by the
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The growth in Brazilian Gross Domestic Product reached 5.7% in the third quarter of this year compared with the same period of last year. It is the highest quarterly rate since the second quarter of 2004. The figures indicate that the country will grow more than 5% this year, above the goal set by the federal government.
The franchise sector should post 18.3% growth in revenues in the fourth quarter of this year as against the same period in 2006, according to a research disclosed by the Brazilian Franchising Association. The number of franchise shops should grow 3.6% between October and December.
The franchise sector should post 18.3% growth in revenues in the fourth quarter of this year as against the same period in 2006, according to a research disclosed by the Brazilian Franchising Association. The number of franchise shops should grow 3.6% between October and December.
Brazilian foreign sales increased 7.6% from January to November this year compared with the same period of last year. To the president at the Arab Brazilian Chamber, Antonio Sarkis Jr., despite the reduction in exports of sugar, the main item in the export basket, other products have risen, thus helping maintain sales.
Agência Brasil* Rio de Janeiro – The Brazilian Gross Domestic Product (GDP), i.e. the sum of all goods and services produced in the country, has ended the first three quarters of the year with an accumulated growth rate of 5.3%, compared with the same period of 2006. The result is the highest for the period
According to estimates by the Brazilian Pulp and Paper Association, foreign sales should reach US$ 4.6 billion this year, with growth of 16% over 2006. The heated global demand, mainly in China, has been keeping country exports up.
A survey conducted by the Brazilian Institute for Geography and Statistics shows that industrial production grew 6% from January to October compared with the same months of 2006. According to the institute, the result is mainly due to the heating up of domestic demand.
Agência Lusa* Brasília – Bilateral trade between Brazil and Portugal grew 13% between January and November this year compared with the same period of 2006, to reach US$ 1.9 billion, as informed by a source from the Brazilian government to Agência Lusa. According to data supplied by the Brazilian Ministry of Development, Industry and Foreign
From the Newsroom* São Paulo – Rodo Linea, a maker of highway implements owned by the Hübner group and based in the southern Brazilian city of Curitiba, capital of the state of Paraná, is going to invest 23 million reais (US$ 13 million) in 2008. The funds will be deployed in the development new products
Brazil should have imported US$ 24 billion in chemical products by the end of the year, according to estimates by the Brazilian Chemical Industry Association. This value, which represents growth of 36.8% over 2006, includes products from the Arab world, including phosphates.
According to a survey by the Brazilian Development Bank, Brazil will receive investments of 1.19 trillion Brazilian reais (US$ 665.8 billion) from 2008 to 2011. The industry will receive investment of 447 billion reais (US$ 250 billion), an annual growth of 12.4% over the period from 2003 to 2006. The figures were disclosed on Friday (7th) by the president at the institution during the 12th Annual Brazilian Chemical Industry Meeting.
A total of 2.2 million cars, lorries and buses were licensed in the country between January and November. Production totalled 2.75 million units in the period. For 2008, the forecast is for growth of 17.5% in sales and 9% in production. Exports of the vehicle sector grew 8%, generating US$ 12 billion up to November. The figures were supplied by the Anfavea.
This year, the company should maintain its position as the third largest beef exporter in Brazil. Until September, the slaughterhouse had posted revenues of 1.13 billion Brazilian reais (US$ 629.3 million), a 25% increase over the same months of last year. The growth in 2007 should be 30%.
