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Invest in Brazil News

  • Minister announces dredging contract for the Port of Santos

    Investments

    On the 125th anniversary of the largest port in Latin America, the government announced an investment of R $ 369 million to increase Porto's capacity

  • Credit for coffee sector expected to reach R $ 3.3 billion

    Investment

    Ministry of Agriculture estimates that value will be reached by April and corresponds to 70% of the forecast for the year

    For this coffee cycle that ends in April, the Ministry of Agriculture estimates that loans to the sector should reach R $ 3.3 billion, financed by the Fund for Defense of the Coffee Economy (Funcafé). The value corresponds to 70% of the initial estimate of the pulp, which was R $ 4.606 billion.

  • Government releases R $ 16.6 million for the installation of the first orange juice factory in Pará

    Financing

    Transfer to the project was done through the Northern Constitutional Fund. Production unit should generate 1,000 indirect jobs in the region

  • Due date can be paid at any bank as of July

    Febraban

    Measure was expected to be valid from March, but has been extended and will commence from July 10

    The implementation of the new bank bill collection platform, which was scheduled to start in March, has been extended and will start in July. The information was disclosed, this Wednesday (1st), by the Brazilian Federation of Banks (Febraban).

  • Household debt falls to the lowest level in nearly seven years

    CNC

    Number of households with debt declines to 55.6%, the lowest rate since June 2010. Default also declined at the beginning of the year

    The year began with the indebtedness of Brazilians in decline. In January, 55.6% of households had some type of debt - this was the lowest level since June 2010, when the rate was 54%.

  • Bankruptcy filings fall 33.9% compared to December 2016

    Boa Vista SCPC

    Decree of bankruptcy, petition and judicial recovery proceedings also registered falls in January

    The year started with a better scenario for Brazilian entrepreneurs. Data from Boa Vista SCPC indicate that the number of companies facing difficulties and due to these problems have asked or had to leave the market fell in early 2017.

  • Government adapts 2017 Budget to the New Fiscal Regime

    Adjustment is necessary because the budget law had been approved with a higher value than the new spending ceiling

  • Adjustment of investments will not reduce Petrobras' production, says Parente

    Oil

    President of the state company said that company should achieve financial target without harming population and environment

  • Industrial production up 2.3% in December 2016

    Economic indicators

    Compared to November, three out of four large categories surveyed had positive rates

  • Gasoline and ethanol prices drop in January

    Food & Beverage Outlets

    Last week, Petrobras announced a reduction in refinery prices. Gasoline was 0.24% cheaper and ethanol varied 0.07%

  • Fish production in Brazil grows with the support of research from Embrapa

    In 2015, there were 483 thousand tons of fish, an increase of 1.5% compared to 2014. Fish consumption is also growing every year

    Recognized as the largest national grain producer and holder of the largest cattle herd in the country, Mato Grosso has been standing out in another agribusiness segment. According to IBGE data, the state ranks third in fish production. In 2015, there were 47,000 tons, behind only Rondônia and Paraná.

  • Industry confidence in economy reaches highest level since 2014

    Business

    Index rose 4.3 points in January in comparison to December and reached 89 points. High was observed in 15 industrial segments

    The Industry Confidence Index, measured by the Getúlio Vargas Foundation (FGV), increased by 4.3 points in January compared to December, reaching 89 points. This is the highest level since May 2014, when it recorded 92.2 points. High confidence was observed in 15 of 19 industrial segments.

  • Understand the new credit card rules

    Lower interest rates

    Government changes rules to reduce interest for customers who need to enter the rotary of the card, called minimum payment

    As of April 3, the credit card has new rules to reduce delinquency and avoid over-indebtedness. In practice, the consumer will no longer be stuck with the card's rotary, popularly known as the minimum payment of the invoice.

  • Fish production in Brazil grows with the support of research from Embrapa

    In 2015, there were 483 thousand tons of fish, an increase of 1.5% compared to 2014. Fish consumption is also growing every year

    Recognized as the largest national grain producer and holder of the largest cattle herd in the country, Mato Grosso has been standing out in another agribusiness segment. According to IBGE data, the state ranks third in fish production. In 2015, there were 47,000 tons, behind only Rondônia and Paraná.

  • Interest expense on credit card may fall by 70%

    New rules

    With change, when leaving the rotary to installment, client migrates from a rate of 484.6% per year to 153.8%

    With new credit card payment rules, interest-bearing consumer spending can drop as much as 70 percent. From now on, it will no longer be possible to stay on the rotary, the so-called minimum payment, for more than 30 days - this should decrease the rates and costs of the modality.

  • Understand the new credit card rules

    Lower interest rates

    Government changes rules to reduce interest for customers who need to enter the rotary of the card, called minimum payment

    As of April 3, the credit card has new rules to reduce delinquency and avoid over-indebtedness. In practice, the consumer will no longer be stuck with the card's rotary, popularly known as the minimum payment of the invoice.

  • Monetary Council changes credit card rotary rules

    Lower interest rates

    Intention is to avoid over-indebtedness and lead to the reduction of interest rates. When the client makes the minimum payment, he will have 30 days to pay off the balance due, in addition to the possibility of payment

     

  • Indicators suggest optimistic scenario for 2017

    More confidence

    Data and research by entities and institutions show that the country is more confident in the resumption of the economy

    Consumers, industrialists and traders started the year with confidence on the rise. Research by entities and institutes suggests that the scenario is different compared to the beginning of 2016. Brazilians are more optimistic not only about the economy, but about the company itself and the labor market.

  • Traders' confidence rises 18.4% in January

    Optimism

    Indicator measured by the National Confederation of Commerce of Goods, Services and Tourism (CNC) registers the seventh consecutive increase

  • Ministry of Labor platform has already blocked $ 45 million in frauds

    Unemployment insurance

    Since December, when it was launched, platform avoids undue payments. Estimated savings of $ 1.3 billion in 2017

  • Rombo de Previdência reaches R $ 149.7 bi and hits record

    Reform of Social Security

    In comparison with 2015, when it was at R $ 85.81 billion, the deficit grew 74.5%. Figures show importance of Pension Reform

    The breakdown in social security accounts closed last year at R $ 149.73 billion - the highest value since 1995. The information is from the Secretary of Social Security and was released on Thursday (26).

  • Treasury: "Brazil will recover investment grade"

    Balance of accounts

    Secretary of the National Treasury, Ana Paula Vescovi, said that Brazil will be able to reduce public debt and will grow stronger again

    National Treasury Secretary Ana Paula Vescovi said that Brazil will recover the investment grade, a kind of seal that says how much a country is safe for investors. She also said that public debt will fall again.

  • Consumer starts the year with confidence in high

    Expectations for 2017

    Getulio Vargas Foundation survey shows the Brazilian more optimistic about the current situation and the country's future

  • Traders' confidence rises 18.4% in January

    Optimism

    Indicator measured by the National Confederation of Commerce of Goods, Services and Tourism (CNC) registers the seventh consecutive increase