Browsing: Economy
Agência Brasil Rio – According to the Brazilian Institute for Geography and Statistics (IBGE), in April, output was up in 12 out of the 14 states surveyed, compared to April 2004. Out of 20 economic segments surveyed, 17 showed an increase in output. The survey also found that in seven states industrial output was higher
The company Oficina Têxtil from the city of Vargem Grande do Sul, in São Paulo, manufactures summer clothes, such as dresses and bikinis, that are hand painted. The company started exporting in 2001 and already sells to 17 countries. At the end of last year, the United Arab Emirates and Egypt entered their list of importers.
Agência Brasil Rio – Inflation in May, as measured by the Broad Consumer Price Index (IPCA), rose 0.49%, down from 0.87% in April. The IPCA survey, which is used by the government to gauge its inflation targets, is conducted by the Brazilian Institute for Geography and Statistics (IBGE). According to the IBGE, smaller increases in
Agência Brasil Brasília – The Minister of Planning, Budget, and Management, Paulo Bernardo, affirmed yesterday (7) that the 2006 Budget Guidelines Bill (LDO) foresees real GDP (Gross Domestic Product) growth of 4% for this year and 4.5% in 2006 and that this latter value should be repeated as the outlook for 2007 and 2008. The
The minister of Development, Industry and Foreign Trade of Brazil, Luiz Fernando Furlan, inaugurated yesterday, in partnership with the government of the state of São Paulo, the Foreign Trade Information Centre (Cicex). The objective of the program is to simplify exports. Another five Brazilian states already have this system.
The minister of Development, Industry and Foreign Trade of Brazil, Luiz Fernando Furlan, inaugurated yesterday, in partnership with the government of the state of São Paulo, the Foreign Trade Information Centre (Cicex). The objective of the program is to simplify exports. Another five Brazilian states already have this system.
From the Newsroom* São Paulo – The president of Bristol-Myers Squibb Brazil, Mário Grieco, should announce tomorrow (7) the details of the investment to make Brazil into a worldwide centre for the company information technology support. Bristol plans to install two support centres and invest in hiring at least 100 highly qualified professionals. These technicians
Brazilian exports to the Arab world reached US$ 1.76 billion between January and May this year. In May alone, revenues totalled US$ 424 million. This value means growth of 51.5% over the same month in 2004. The percentages are already well above the 12% to 13% forecasted by the CCAB at the beginning of the year.
The country had revenues of US$ 825 million with foreign sales of sugar in bulk between January and May this year. Refined sugar exports rose 48.2%. Behind these figures is the anticipation of the sugarcane harvest, the increase in the demand for the product in China and the WTO decision that was favourable to Brazil, against European Union subsidies.
