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Invest in Brazil News

  • Inflation falls to lowest level for September since 1998

    With the fall in food prices, inflation begins to give respite to the Brazilian pocket. The Broad Consumer Price Index (IPCA) rose 0.08% in September - the lowest rate for the month since 1998.

    The data are from the Brazilian Institute of Geography and Statistics (IBGE) and were released on Friday (7). The September result is also lower than projected financial market and the central bank, who expected a rate around 0.19%.

  • Strike bank is closed throughout the country

    Bank throughout the country returned to work after more than a month of strike. In a meeting held on Thursday (6) and on Friday (7), the workers accepted the proposal presented by the National Federation of Banks (Fenaban) and ended the strike, which lasted 31 days.

  • CNI: Consumer confidence grows 1.1% in September

    Consumers are increasingly optimistic.According to the National Confederation of Industry (CNI) , between August and September there was an increase of 1.1%. The figures were disclosed by the organization on Friday (07).

  • eSocial must be paid until next Friday (7)

    Domestic employers can make the payment of the eSocial Collection Document (EAD) concerning the competence of September until Friday (7).

    The document brings together in a single tab tax, labor and social security contributions to be collected by employers relating to domestic workers. Documents generated from that date will be calculated with a fine of 0.33% per day of delay.

  • Transpetro open selection process with 141 vacancies

    There are 88 vacancies for Second Officer Boating and 53 for Second Officer machines; starting salary is R $ 10,868

  • In the Senate, the Treasury secretary defends fiscal balance

    PEC 241

    Ana Paula Vescovi defended the government's proposal to set a limit to the expansion of public spending, for the country to return to growth and generate income

  • Brazilian grain production should reach up to 214.8 mi tons

    The estimated grain production for the 2016/17 crop may be between 210.5 and 214.8 million tons. This is the conclusion the 1st survey of the crop for this period, disclosed on Thursday (6), by the National Supply Company (Conab). Thus, growth could be up to 15.3% compared to the previous season 2015/2016, which was 186.4 million.

  • Revenue opens consultation to 5 IR refund Lot 2016 on Friday

    Income tax

    2,221,405 taxpayers will be covered; bank credit will be held on October 17, totaling R $ 2.7 billion

  • IMF estimates that Brazil is closer to growth

    Economy

    International Monetary Fund (IMF) reports that makes positive reviews for the country's economic future

  • BNDES receives award for unprecedented financing the export of aircraft

    Bank received the award Innovative Trading in China in recognition of the 1st financing to export aircraft in the on-lending mode

    In recognition of the first financing operation for export in the form of aircraft on-lending (transfer), the National Bank for Economic and Social Development (BNDES) received in China, the prize Innovative Trading.

  • eSocial must be paid until next Friday (7)

    Document brings together in a single tab tax, labor and social security contributions to be collected by employers

    Domestic employers can make the payment of the eSocial Collection Document (EAD) concerning the competence of September until Friday (7).

  • IMF: Brazil back to the 8th largest economy post

    Projections made by the International Monetary Fund show that the country must overcome Italy next year


    Having lost positions in the ranking of the largest economies, Brazil must return to move forward in this context.Forecasts of the International Monetary Fund (IMF) put the country as the eighth from 2017, surpassing Italy.

  • Conab promotes coffee beans auctions on Thursday (6)

    Supply

    Product arabica is stocked in warehouses of São Paulo and Minas Gerais; this type of coffee offers are expected by the end of the year

  • Driven by falling food, SP inflation falls 0.14%

    IPC-Fipe

    Rate is the lowest for the month since 1999. Only the food group recorded 1.09% decrease in prices

  • Central Bank defends proposal that limits expansion costs

    President of the institution, Ilan Goldfajn, ranked measured as efficient to control trajectory of public debt


    The president of the Central Bank, Ilan Goldfajn, classified as efficient the proposal establishing a limit to the expansion of spending. His speech took place on Tuesday (4) during a public hearing on Affairs Committee Senator Economic (CAE).

  • Tax measures are important to the economy, says BC

    President of the institution, Ilan Goldfajn, explains the senators the importance of strengthening the country's fiscal conditions

    The president of the Central Bank, Ilan Goldfajn, defended the Senate, the tax measures the government has adopted to restore economic activity. In his view, they are also crucial for the resumption of confidence, an essential factor for the country grow.

  • Central Bank projects taken up in the coming quarters

    During the hearing in the Economic Affairs Committee (CAE) of the Senate, President of the Central Bank, Ilan Goldfajn, speaks in a better scenario for the country

    The president of the Central Bank, Ilan Goldfajn, assessed that the country is heading towards a process of stabilization of economic activity in the short term.

  • Trade balance surplus increased in ten years

    exports

    Product sales abroad exceeded imports by US $ 3.803 billion, this was the highest value since 2006

    Brazilian exports exceeded imports by US $ 3.803 billion in September. This was the best result for the month in ten years. The data was released, on Monday (3), the Ministry of Industry, Trade and Services.

  • Revenue establishes new rules for overseas remittance tax

    From now on, it will be applied a 15% withholding tax on income, capital gains and other corporate income domiciled abroad


    The IRS published on Monday (3), a normative instruction establishing clearer rules for Income Tax Withheld at Source (IRRF) on capital gain overseas headquarters with companies.

  • IPC-S decelerates and closes on September 0.07%, according to FGV

    inflation in 2016

    Main influence for the outcome of the month came from Food group, which went from 0.11% to a fall of 0.14%

  • Renewable energy will have priority in BNDES financing

    Bank will keep up to 80% participation in energy efficiency projects and support extinguish the coal plants and oil

    The National Bank for Economic and Social Development (BNDES) approved an increase of up to 80% in funding for solar projects in Long-Term Interest Rate (TJLP). Before this figure was up to 70%.

  • Unemployment is expected to decline in 2017, says minister

    Job

    Henrique Meirelles also defended the proposed amendment to the Constitution (PEC) establishing a ceiling for public spending

  • Government presents investment opportunities to Italian

    Minister Dyogo Oliveira announced measure to increase legal certainty for investors interested in developments in the country

    Acting Planning Minister Dyogo Oliveira, met, on Thursday (29), in Brasília, with a group of Italian businessmen and presented data showing that Brazilians are more optimistic about the economic outlook.

  • Government facilitates property financing of up to R $ 1.5 million

    Measure of the National Monetary Council (CMN) can increase the availability of resources at R $ 32 billion

    The government facilitated funding for buildings up to R $ 1.5 million. The decision was made on Thursday (29) during a meeting of the National Monetary Council (CMN). From now on, these operations will have lower interest rates, up to 12% per year.