Browsing: Economy

Agência Brasil Brasília – As part of new security measures implanted by the International Maritime Organization (which has 160-nation members) since 9/11, a US Coast Guard delegation will be in Brazil to check on ports and their compliance with the International Code of Shipping and Port Security (known as the ISPS Code). The delegation is

Up to the end of the year, producer Rubens Acosta intends to export 60,000 saplings of ludisias (a kind of orchid) to Holland and the United States. For 2006 the expectation is to export 100,000 units. The species is different from the remaining orchids due to its leaves, which are burgundy (dark red) with golden stripes. The flowers, which only bloom once a year, are white with a yellow centre.

From the Newsroom* São Paulo – The Brazilian Development Bank (BNDES) spent US$ 1.8 billion in loans in August, 27% more than in the same month last year, when financings added up to US$ 1.4 billion. In the accumulated value from January to August, expenditure reached US$ 12.4 billion, an increase in 18% in comparison

Agência Brasil Rio – Industrial production in Brazil fell 2.5% in July, in comparison with June. According to a note issued today (8) by the Brazilian Institute of Geography and Statistics (IBGE), the decline interrupted a four-month sequence of expansion. The Institute observes that the drop in this indicator was the largest since January, 2003,

For the first time small sized companies will be able to participate in a bidding of the National Petroleum Agency to operate oil fields. The process involves 17 marginal areas in the states of Bahia and Sergipe, in the Northeast of Brazil, which have already been exploited by Petrobras. Each well may produce up to 100 barrels per day. Regional development is one of the objectives of the project.