Agência Brasil Brasília – The National Industrial Confederation (CNI) reports that sector growth was 0.53% in 2003, compared to 1.88% in 2002. The CNI says that industrial sector growth of 3% to 4% this year would be ideal, but that there will probably not be equal growth in employment. The CNI says that the interruption in
Browsing: Economy
Agência Brasil São José dos Campos – Minister of Defense José Viegas, speaking at the presentation of the Embraer 190 passenger aircraft in São José dos Campos, interior of the state of São Paulo, declared that with regard to the competitive bidding for a contract for Brazilian Air Force jet fighters, Brazilian national interests will be
The development, industry, and foreign trade minister recalled that, in 2003, great emphasis was placed on export, as this was a strategy to "get the economy moving again in a shorter period of time." He pointed out that the federal government will continue investing in foreign trade, but also stated that it will be "a pleasure to see import rise at the same rate as export."
Recovering from a recent economic slump, Argentina is once again second greatest buyer of Brazilian products. However, the trade balance between the two countries still shows a US$ 112 million surplus for Argentina.
Agência Brasil Brasília – As a result of the crisis in the Italian multinational firm, Parmalat, its local subsidiary, Parmalat Brasil, has so far closed down four factories. Three other factories are in trouble due to a lack of raw material. It is estimated that Parmalat Brasil has a total debt of US$160 million. In
To Ivan Ramalho, of the Development Ministry Foreign Trade Department, aircraft, vehicle, and soy derivative sales will have "considerable growth" this year. In 2003, these sectors were responsible for over 25% of the trade basket.
Agência Brasil Brasília – Between now and 2007, the federal government intends to invest a total of R$1.8 billion in its National Forest Program (PNF). Out of that total, R$150 million will be available immediately for personnel training, technical assistance, research and development. Speaking at the launch of the program, president Luiz Inacio Lula da
Agência Brasil Brasília – Between now and 2007, the federal government intends to invest a total of R$1.8 billion in its National Forest Program (PNF). Out of that total, R$150 million will be available immediately for personnel training, technical assistance, research and development. Speaking at the launch of the program, president Luiz Inacio Lula da
Company Fanem, which produces incubators, among other items, participation in the Arab Health Fair, in Dubai, made it possible for the company to close exclusive deals in Arab countries. These answer to around 30% of company export. For 2004, the forecast is to increase business with the region by at least 50%.
