Browsing: Economy
Cultivated next to the Atlantic forest, in the Northeastern Brazilian state of Alagoas, ornamental plants with exotic names and shapes, like alpinias and heliconias, are being exported to Europe for four years. The first export by the group of small Brazilian exporters was to Portugal and Holland in 2002. Next came sales to Italy and France.
From the Newsroom* São Paulo – Investments in new projects in the petrochemical sector in Brazil should reached US$ 8.06 billion in the period between 2007 and 2010. The estimate was made by the Brazilian Development Bank (BNDES) and was released today (27). According to the bank, the resources will allow an expansion in the
Agência Brasil* Brasília – In 2005, formal employment in Brazil rose 5.83% when compares to the previous year, with the creation of 1.831 million jobs. This figure was disclosed in the Annual Report of Social Information (Rais), disclosed today (27) by the Minster of Labour and Employment, Luiz Marinho. According to him, this was the
Celulose Irani began sales to the Arab market 10 years ago and is now the leader in the segment of Kraft paper, appropriate for food packaging. It was the first company in the paper and cellulose sector to have carbon credits issued in accordance with the Kyoto protocol.
Dagatinha, which make female shoes, have most of their foreign clients in Kuwait. The clients participate in fairs in São Paulo, southeastern Brazil, twice a year and import, at the least, 6,000 pairs of shoes. Bright dress shoes, like golden, silver and bronze shoes, are those most shipped to the region.
The increase in demand is the main factor for the investment that is being announced and may rise as high as R$ 20 billion (US$ 9.1 billion at current exchange rates) between 2007 and 2010, according to the Brazilian Development Bank (BNDES). Apart from that, the competitiveness of the Brazilian industry is transferring capital from the Northern to the Southern hemisphere.
From the Newsroom* São Paulo – Investments in the Brazilian paper and pulp industry should add up to US$ 9.27 billion in the period between 2007 and 2010. The estimate, disclosed yesterday (20), was made by the Brazilian Development Bank (BNDES). Out of this figure, the state-owned bank should finance US$ 5,42 billion. According to
Agência Brasil* Houston (United States) – The Brazilian giant Petrobras signed yesterday (19) the acquisition of 50% of the refinery in Pasadena, in Texas, United States, for about US$ 360 million. The unit processes up to 100,000 barrels of oil per day, but the Brazilian state owned company plans on doubling its capacity. For such,
