Estimate by financial institutions for the economy’s growth next year went from 1.1% to 1.2%, according to survey done by the Brazilian Central Bank. For this year, forecast of 3.2% decline remains.
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Rio Grande do Sul state’s Colchão Inteligente is in talks to set up assembly lines and franchisees in Lebanon and the UAE. It sells custom-made products with varying densities for spinal alignment.
Business owners from Lebanon will be in São Paulo and Brasília from November 25 to December 2 for the first edition of the conference ‘Energy of the Lebanese Diaspora’ for Latin America.
The Doha Beauty Show will run from October 20 to 22 in the Qatari capital, featuring exhibitors of cosmetics and fragrances, spa services, natural products and hair care and nail items.
Steel industry production declined in July and year-to-date on the back of weak domestic demand, but the amount exported from January to July increased.
The manufacturers’ association will hold presentations on the Arab country’s market next Monday (22) in Igrejinha, Rio Grande do Sul state, and on August 30 in the São Paulo state cities of Franca and Birigui.
The index released by the industry federation stood at 46.6 points last month. The number of jobs in the sector also decreased.
This year’s edition, to take place in São Bernardo do Campo, will be attended by Palestine’s minister of Religious Affairs, Mahmoud Habbash.
This week at the Dubai Foreign Market, foreign investors purchased USD 327 million worth of shares in the emirate this week, with sales reaching USD 299 million.
The name of the next head of the diplomatic representation in Kuwait City was approved Wednesday by the Senate. Norton Rapesta will also concurrently serve as ambassador in Bahrain.
Being discussed by a business support group, the tax Simples Internacional aims to cut red tape and streamline shipments by micro and small businesses, which currently have a hard time reaching the foreign market.
The Brazilian Ministry of Finance released its revised GDP estimate for 2017 this Wednesday (17), from 1.2% to 1.6%. The country is seen resuming growth in the final quarter of this year.
The facility in Pernambuco, Brazil put out over 3 million barrels of oil in July. Diesel and petroleum naphtha production also hit all-time highs.
Foreign sales totaled USD 6.9 billion from January to July. Performance was driven by machinery and electrical sectors.
