The demand for financing grew in April over March this year, according to a study by Serasa. In the North and Southeast of Brazil, the growth was the greatest.
The financing approved by the Brazilian Development Bank will be made to Braskem, which is going to produce ethylene and polyethylene from ethanol in Rio Grande do Sul.
A group of 10 adolescents from Santa Catarina state travelled to the Arab country yesterday, invited by the royal family. They will get to know Saudi Arabia in the same week of president Lula’s visit.
This was one of the topics discussed yesterday in Rio de Janeiro by state governor Sérgio Cabral and the Council of Arab Ambassadors. To Cabral, a flight would enable easier access for doing business.
Caxias do Sul University should promote, starting on May 29th, a seminar to show the market potential of the seven regions of the Emirates. Michel Alaby, of the Arab Brazilian Chamber, should speak.
The classification by the World Bank includes 181 international organisations for investment attraction and pointed out the Brazilian Apex, which only lost to the Australian agency.
Eduardo Paes met yesterday with Arab ambassadors to Brazil and showed interest in promoting a trip to the Arab countries with businessmen from the city.
Sales from Brazil to the MENA region generated US$ 716 million in April. In the accumulated result for the year, the total has reached US$ 2.55 billion, growth of 7% over the same period in 2008.
The company had earnings of 5.8 billion reals in the first quarter, a reduction of 20% over the same period in 2008. The retraction in domestic demand also affected the result.
The number of executives who believe that the recovery of the world economy has already begun has doubled. The increase in volume of optimists was identified in March.
Sierra, headquartered in Gramado, makes furniture and luxury decorations and exports to over 20 countries, like the Emirates, Algeria and Qatar. This year, the company wants to expand exports by 20%.
A delegation of 12 diplomats from Arab countries should fulfil an agenda in Rio de Janeiro on Tuesday and Wednesday. They should meet with political and business leaders in the state.
The Ministry of Agriculture estimate involves the 20 main crops in the country. A 3.2% reduction is expected over 2008. Nevertheless, the result should be the second highest in history.
The trade balance surplus is the result of exports of US$ 2.923 billion and imports of US$ 2.376 billion.
