From the Newsroom* São Paulo – The Coopershoes, a cooperative of shoes and shoe component producers, is going to open a new factory in the city of Picada Café, in the southern Brazilian state of Rio Grande do Sul. The cooperative, which produces gym shoe brands Converse and All Star, is going to invest a
Browsing: Economy
The Brazilian aircraft maker signed a contract for the sale of an Embraer 170 aircraft to Sirte Oil Company, which produces oil and natural gas in the Arab country. The forecast for delivery of the jet, which has a capacity for 76 passengers, is March 2007.
This is the statement of the president of the Arab Brazilian Chamber of Commerce, Antonio Sarkis Jr. Up to November, shipments generated almost US$ 6 billion, 25.7% more than in the same period in 2005. In November alone, sales
reached US$ 675.6 million, the second best monthly result in history.
The president of reign the Trade Studies Centre Foundation believes this is a means for controlling exchange and increasing exports.
Alexandre Rocha, special envoy* Rio de Janeiro – Brazilian exports generated US$ 11.86 billion in November, a record value for the month, against US$ 10.8 billion in the same period last year. Imports, in turn, totalled US$ 8.67 billion against US$ 6.7 billion in the same month in 2005, resulting in a trade balance surplus
The minister of Development, Industry and Foreign Trade of Brazil, Luiz Fernando Furlan, spoke out on the subject during the opening of the 26th National Foreign Trade Meeting, which kicked off today (30) in Rio de Janeiro. Furlan highlighted the growth of Brazilian global trade, which surpassed the daily average of US$ 1 billion.
Agência Brasil* Rio de Janeiro – The economy of Brazil grew 2.5% in the first three quarters of 2006, compared to the same period last year. Industry was the sector that grew the most, with a positive performance of 2.7%. The data are from the National Accounts report, published today (30) by the Brazilian Institute
Workshop from Brazilian capital Brasília launches new brand of luxury shoes. The colourful shoes and bright produced by Gaia Molino are made out of frog, fish and cattle leather. The focus is the foreign market. Arab women are among the target customers.
From the Newsroom* São Paulo – The Brazilian credit card market should have a turnover of R$ 191.3 billion (US$ 87.5 billion at current exchange rates) this year, an increase of 20% when compared to 2005. The figures are part of study "Indices of the Electronic Payment Method Market", executed by the card department of
According to figures disclosed last week by the ANTF, in the third quarter of the year alone, Brazilian trains transported the equivalent to 178.3 billion tonne-kilometres, a figure that should rise to 237.7 billion tonne-kilometres up to the end of the year, an increase of 7.1% when compared to 2005.
