Browsing: Economy
From the Newsroom* São Paulo – In all 111 companies enrolled to participate at the 7th round of tender biddings for oil and natural gas exploitation areas organised by the Brazilian National Petroleum Agency (ANP). According to information from the ANP, 92 companies showed interest for the 17 small marginal fields offered in the northeastern
Agência Brasil* Brasilia – The Brazilian trade balance in the first week of October presented a surplus of US$ 1.075 billion. The information was released today (10) by the Ministry of Development, Industry and Foreign Trade. Exports totalled US$ 2.826 billion, with a daily average of US$ 565.2 million. Imports added up to US$ 1.751
Agência Brasil Rio de Janeiro – The Broad Consumer Price Index (IPCA) rose 0.35% in September. In August, the IPCA was up 0.17%, reports the Brazilian Institute for Geography and Statistics (IBGE). For the year, the IPCA has a cumulative increase of 3.95%, and for the last 12 months ending in September, it is up
Agência Sebrae* Salvador – The number of micro and small sized companies in the northeastern Brazilian state of Bahia that sold products to the foreign market went from 73, in 1998, to 113, last year. In spite of the increase, the participation of the micro and small companies was of only 1.1% in the value
According to research released this Thursday, the greater part of the companies in the sector is in the Southeast region of the country. The main recycled product is plastic.
Agência Brasil Brasília – At the opening ceremony of the First South American Community of Nations summit, Brazil and Venezuela have announced that their state-run petroleum enterprises will join forces to build a refinery, along with the oil tankers to transport the oil they refine. President Luiz Inácio Lula da Silva declared that it was
According to a report published this Thursday by the United Nations Conference on Trade and Development (Unctad), after three years falling, foreign direct investment has returned to growing and reached US$ 648 billion all around the world. In Latin America, Brazil was the country that received the greatest volume of funds. In the Western region of Asia, Saudi Arabia and Syria were the highlights and, in Africa, Sudan and Egypt are among the main destinations.
Construction company Odebrecht and oil giant Petrobras are seeking information on tenders in the Arab country at the Syrian embassy in Brasilia, according to ambassador Ali Diab. Syria is promoting tenders for the exploitation of nine blocks of oil and the construction of extraction plants. The country also has plans for opening a new refinery in the Der Al Zour province.
Agência Brasil Brasília – The Brazilian minister of Development, Industry and Foreign Trade, Luiz Fernando Furlan, is now in China where he has joined a business and technical delegation that has been in country since last week. Together they will be holding talks with Chinese authorities on self-limiting of certain exports to Brazil. Furlan is
Companies from six regions in Brazil have already benefited from the Industrial Export Extension Project, whose objective is to prepare small entrepreneurs for export. Fênix, a maker of shoes and components from the city of Franca, was one of the industries that identified the need for improvement of their products after they started participating in the program.
