Browsing: Economy

From the Newsroom* São Paulo – Emirates Airline, from the United Arab Emirates, announced yesterday (19) the nomination of Ralf Aasmann, as director-general for Brazil. He will start working in the country in the beginning of January. Ralf Aasmann worked for Lufthansa for 20, where he has been, among other positions, general-manage for Latin American

Brazil has increased in 33.3% its imports of cumin seeds from Arab countries. A large share of this product comes from Syria, which is the largest Brazilian supplier of the spice. Cumin is mainly used as a seasoning in oriental food.

Enseada da Praia started out 12 years ago as a small company in the city of Cabo Frio, in the southeastern Brazilian state of Rio de Janeiro. It consisted only of a textile unit and a store. Currently, the bikini brand exports its products to the United States, Portugal, Greece and Italy, and has received an award from the Brazilian Micro and Small Business Support Service (Sebrae) for its performance.

Brazil exported the equivalent to US$ 158.9 million in machinery and equipment to the Arab countries in the first ten months of the year. The growth was US$ 31 million over the same period last year. Saudi Arabia was the Arab country that bought most from Brazil, with growth of 78%.

From the Newsroom* São Paulo – The Brazilian Development Bank (BNDES) announced today (12) that its loans reached R$ 42 billion (almost US$ 20 billion) from January to November this year, an increase of 5% when compared to the same period in 2005. In the period, credits of R$ 61.3 billion were approved, 23% more

From the Newsroom* São Paulo – Brazilian shoe sector exports totalled US$ 1.7 billion from January to November this year, almost the same total as that registered in the same period in 2005. According to figures disclosed yesterday (11) by the Brazilian Association of Shoe Manufacturers (Abicalçados), it is possible that the year should end

Isaura Daniel* São Paulo – Brazilian machinery and equipment exports reached US$ 8.05 billion between January and October this year. The increase was 13.7% over the result for the same period last year. In the first ten months of 2005, the machinery sector had posted foreign trade revenues of US$ 7 billion. These figures were