Browsing: Economy

Moda Étnica (Ethnic Fashion), run by NGO Ação Comunitária (Community Action), makes clothes using African moulds and techniques. The production is developed by the residents of Complexo da Maré, a group of slums in Rio de Janeiro. The products are sold in Brazil, but next month the garment producer is going to participate in a fair in Madrid, hoping to start exporting.

Agência Brasil* Rio de Janeiro – The Brazilian industrial production grew by 1.2% from May to June, completing nine consecutive months of positive results. In a comparison with June last year, there has been a 6.6% increase in production, which is the greatest rise since December 2004. After the result recorded in June, the industry

Agência Brasil* Brasília – Brazilian exports broke a monthly record in July. Sales totalled US$ 14.12 billion. Imports also presented the best result since the figures started being recorded, at US$ 10.773 billion, resulting in a trade surplus of US$ 3.347 billion. The trade balance result in July caused the government to increase its foreign

Brazilian aircraft manufacturer Embraer officially inaugurated a pilot training centre in Asia. Pilots of companies that purchase Embraer aircraft in the region will be trained on flight simulators and on the ground at a centre in Changi Airport, Singapore.

From the Newsroom* São Paulo – Companhia Vale do Rio Doce, in the mining sector, announced this week that it had record net profit of US$ 4.095 billion in the second quarter of 2007, an increase of 97.1% over the same period last year. Gross revenues, according to the company, totalled US$ 8.899 billion, also

The multinational in the pipe field, Amiantit, has sold 70% of its Amitech operations in Brazil, Argentina and Mexico to Colombian company Inversiones Mundial. The Arab company remains as a partner with a 30% share.

Four representatives of the Kenana Sugar Company, the leading sugar industry in the Arab country, will be in Brazil from tomorrow onwards. They are interested in becoming more closely acquainted with the idiosyncrasies of the alcohol industry, such as the mixing of ethanol into gasoline, storage, and legal aspects.

This was the total exported by Massey Ferguson Brazil to the Arab countries in the first half of this year. The market in the region answers to 8% of the foreign sales of the company, which has two factories in the southernmost Brazilian state of Rio Grande do Sul.

According to the Manufacturing Indicators, disclosed yesterday by the National Confederation of Industries, of the 27 segments researched, 21 presented growth. Employment in industry has also grown.