Installed capacity utilization rate stood at 76.9% in April, below 77.2% in March, according to a survey by the industry confederation.
Brazil’s Ideal struck a deal with an exporter/importer in the Arab country to place its products at salons and spas. It is also looking to export to five other countries in the region.
Purchases of clothing abroad declined 60% in April over the same month of 2015, according to the sector’s association.
A proposal for holding a business conference in September was discussed by Arab Chamber executives and Egyptian government officials in Cairo.
Brazil’s surplus stood at USD 6.437 billion, the best result for the month since 1989. Exports dropped 0.2% in comparison to the same period of last year. Imports declined 24.3%.
Brazil’s Gross Domestic Product reached BRL 1.47 trillion from January through March as per a survey from the Brazilian Institute of Geography and Statistics (IBGE). All three sectors of economy contracted.
ClassApp is a platform for families and schools to communicate. Designed by Brazilian engineers and used by 100-plus schools, it is available in other countries and might be used in the Middle East.
The autonomous region in the North of Iraq is receiving more refugees and internally displaced people due to the conflicts in the region, but it can resume inclusive growth, according to the World Bank.
Brazil’s Federal Revenue has enacted a rule slashing the withholding tax on cash remittances to foreign countries for purposes of covering personal expenditures.
After two consecutive months with a deficit, the consolidated public sector registered a surplus in April.
Imetame Granitos exports quartzite, granite and marble to distributors in Arab countries and is looking to supply major projects in the region. It doubled its installed capacity to meet the demand of clients.
Brazilian timber industry revenue was up 7.3% from January through April this year to USD 2.6 billion. The top-selling product was pulp.
The funds are set to be used in industry, mining, transportation and logistics, infrastructure and tourism up to the year 2020. A forum discussed business opportunities in the country.
A survey conducted by Brazil’s National Federation of Industry shows that most Brazilian businesses use these new tools in but a few stages of the production process.
