The president of the Rio de Janeiro State Port Authority, Antônio Carlos Soares, who administers the ports in the state, relates this increase in throughput to greater federal investment in the ports in the state. From 2002 to the end of this year, they will have received approximately US$ 49 million. The Sepetiba, Angra dos Reis, Niterói and Rio de Janeiro port terminals shipped approximately 32 million tonnes out of the country in 2004. For this year, exports are expected to reach 40 million t
Browsing: Economy
Agência Brasil Rio – The president of Petrobras, the Brazilian state owned oil company, José Eduardo Dutra, guaranteed, yesterday (16), that in April the company will break the national record for daily petroleum production. The current record of 1,640,509 barrels was set on March 14, 2003. According to Dutra, establishing a new record will depend
Agência Brasil Rio – Following two straight months of negative results, industrial employment in Brazil grew 0.4% in January, compared with the previous month. The increase is even greater when compared with January, 2004: 3.2%. The overall annualized figure for the 12 preceding months also registers an upward trend, with the index rising from 1.8%
In spite of being the first one to be ethanol-powered, the Ipanema was presented yesterday as the 1000th aircraft out of the factory in its family. The model is used for pulverization of crops. Last year, 83 petrol-powered units were delivered.
From the Newsroom* São Paulo – Tlhe Brazilian Development Bank (BNDES) made loans of approximately US$ 2.27 (in current figures) in the first two months of this year. This value, according to information supplied today (16) by the bank, was 20% greater than that registered in the same period last year. According to the bank,
According to report released yesterday by the Eclac, the region received US$ 56.4 billion in direct foreign investments in 2004. Brazil was the country that attracted the most resources, US$ 18 billion in all.
Agência Brasil* Brasília – The Brazilian trade balance registered, in the second week of the month of March, from the 7th to the 13th, a surplus of US$ 828 million. With this result, the accumulated balance for the month has already reached US$ 1.438 billion. In the year, the accumulated trade balance result has already
From the Newsroom* São Paulo – The jewellery industry from the southern Brazilian state of Rio Grande do Sul is going to receive investment of approximately US$ 450,000 this year. Last Friday (11), the Rio Grande do Sul state Brazilian Micro and Small Business Support Service (Sebrae/RS) signed an agreement for the creation of a
Exports and imports currently represent 26.4% of the country Gross Domestic Product. To Luiz Fernando Furlan, minister of Development, Industry and Foreign Trade, if this target is reached, there will be a reduction in the country risk premium and benchmark interest rate and an increase in domestic productivity.
The volume exported rose from US$ 800,000 in 2003 to US$ 5.6 million last year. The Abimóvel, an organization that includes Brazilian industries in the sector, believes that sales may double this year. The main buyer of Brazilian furniture in the region is the United Arab Emirates. Other buyers include Saudi Arabia, Syria, Qatar, Kuwait, Oman, Bahrain, Lebanon and Yemen.
Revenues obtained by Brazil with exports of dairy products reached US$ 20.12 million in the first two months of 2005, a growth of 254.4% when compared to the same period last year. Of the total sold outside Brazil in the first two months of the year, US$ 6.5 million went to Algeria.
From the Newsroom* São Paulo – The Brazilian cargo transport sector had a throughput of 455.57 million tonnes last year, according to figures supplied by the National Confederation of Transport. This volume represents an increase of 15.9% when compared to 2003. There are 56,000 cargo transport companies in Brazil, 80% medium and small, according to
