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Invest in Brazil News

  • Brazil economy minister defends pension reform in heated hearing

    BRASILIA  - Brazilian Economy Minister Paulo Guedes on Wednesday put up a vigorous defence of the government’s proposed pension reform, insisting it is critical to fixing the country’s “doomed” social security system but opening the door to some concessions.

  • Leonardo Signs Wide-Ranging Partnership Agreement In Brazil

    Leonardo has signed a memorandum of understanding (MoU) with Brazilian company Codemar (Companhia de Desenvolvimento de Maricá), which promotes socio-economic development in the prefecture of Maricá. The MoU was signed during LAAD 2019, Latin

  • Brazil royalty and tax collection

    The collapse of Brazilian mining company Vale's tailing dam in Brumadinho, Minas Gerais, on 25 January, which caused significant devastation, including 300 deaths, is having a detrimental effect on Minas Gerais's public finances. The state, which is Brazil's main producer of iron ore, has fined the mining company and introduced health and safety regulations that have brought production to a halt.

  • Brazil economy minister defends pension reform in heated hearing

    Brazilian Economy Minister Paulo Guedes on Wednesday put up a vigorous defence of the government’s proposed pension reform, insisting it is critical to fixing the country’s “doomed” social security system but opening the door to some concessions.

  • Secretary of Finance has Telephone Call Center

    Through the 0800 of the Folder it is possible to obtain information on ICMS, IPVA, Nota Fiscal Paulista among other services

    The Ministry of Finance and Planning has 0800 170110 to provide free information on Tax on Property of Automotive Vehicles (IPVA), Tax on Circulation of Goods and Services (ICMS), Nota Fiscal Paulista, among others.

  • USP to invest R $ 1.5 million in artificial intelligence projects

    Altogether, 43 proposals were selected; Pro-Rector's Office of Research of the university received 109 entries for the edict

    The University of São Paulo (USP) Pro-Rectory of Research announced last Friday (29), the list of those included in the edict supporting projects that make use of intelligent digital systems. It is worth noting that 43 projects have gone through selection, in which a total of R $ 1.5 million will be invested.

  • Top operator sees appetite for private flying in Brazil

    Lider Aviacao offers charter, ground handling and maintenance from key bases around Brazil. Its CEO Eduardo Vaz says that even though the country's economy is struggling, the appetite for private flying is clear.

  • What caused Brazil’s recession? (Hint: It wasn’t just mortgage debt)

    Ballooning US mortgage debt was a major culprit behind the 2008–09 financial crisis. Mortgage debt also caused recessions in Australia, Canada, Spain, and elsewhere. 

  • Brazil’s art market emboldened by Bolsonaro as São Paulo's SP-Arte fair opens

    Controversial president’s economic reforms may prove a boost for the country’s art market, despite worries about censorship

  • Bolsonaro visits Western Wall, Palestinians angry at Jerusalem mission

    Brazilian President Jair Bolsonaro, accompanied by Israel’s prime minister, visited Jerusalem’s Western Wall on Monday as the Palestinians considered recalling their ambassador in Brasilia over a new trade mission to Israel in the holy city.

  • Brazil trade surplus narrows to $4.99 billion in March as imports rise

    Brazil posted a trade surplus of $4.99 billion in March, the Economy Ministry said on Monday, significantly smaller than the same month a year ago thanks to a strong rise in imports.

    The trade surplus last month fell 22.3 percent to $4.99 billion from $6.42 billion a year ago, although that was up more than a third from February's surplus of $3.67 billion.

  • Brazil trade surplus narrows to $4.99 billion in March as imports rise

    BRASILIA (Reuters) - Brazil posted a trade surplus of $4.99 billion in March, the Economy Ministry said on Monday, significantly smaller than the same month a year ago thanks to a strong rise in imports.

    The trade surplus last month fell 22.3 percent to $4.99 billion from $6.42 billion a year ago, although that was up more than a third from February’s surplus of $3.67 billion.

  • How corruption continues to hinder investment in Brazil

    Former Brazilian President Michel Temer’s arrest on bribery charges last week is yet another reminder of the challenging investment climate in Brazil. The Car Wash scandal, which is still shaking out rotten fruit, is just one of many issues plaguing Brazil’s economy.

  • Brazil's Caixa Economica to seek partners for card, asset, insurance units

    Brazil’s Caixa Economica Federal is mulling strategic partnerships for its credit card, asset management and insurance units before taking them public, Chief Financial Officer Andre Laloni said on Friday.

    This strategy is part of Caixa’s plan to raise up to 100 billion reais from the sale of assets the unlisted state-owned lender owns or manages.

  • Brazil unemployment jumps for second straight month to 12.4 pct

    Brazil’s jobless rate rose sharply in February for the second straight month, government data showed on Friday, adding to pressure on new President Jair Bolsonaro to reignite a sluggish economic recovery.

    Unemployment rose to 12.4 percent in the three months through February, according to statistics agency IGBE, up from 12.0 percent in the three months through January and 11.6 percent at the end of 2019.

  • Trade balance is positive at US $ 1.268 billion in the 3rd week of December

    Trade balance

    Brazil sold more basic and manufactured goods. Airplanes, engines and electric generators are among the items that had high in exports

  • Conab: price of vegetables retreats in November

    Your pocket

    Larger supply of products helped reduce wholesale and consumer prices

    The price of food is getting smaller for consumers. Data from Companhia Nacional de Abastecimento (Conab) show that vegetables were cheaper at wholesale prices in  November.

  • Industry confidence reaches the highest level since 2012

    Resumption of the economy

    After measures that reorganized the country and the economy, entrepreneurs feel more confident and environment improved for investments and hirings

  • National Day of Solidarity Economy is celebrated this Friday (15)

    Inclusion

    This year, the Government of Brazil has already allocated about R $ 25 million to the proposals of solidarity and social economic enterprises

    Celebrated this Friday (15), the National Day of Solidarity Economy honors the modality in which the workers themselves are the owners, touch the business and share results. The logic is different from  the conventional economy, where owners and employees work separately. 

  • Trade balance is positive at US $ 1.268 billion in the 3rd week of December

    Trade balance

    Brazil sold more basic and manufactured goods. Airplanes, engines and electric generators are among the items that had high in exports

    Brazilian products continue to gain more and more space in the foreign market. In the third week of December, the country exported much more than it imported. Sales abroad, in this period, exceeded imports by US $ 1.268 billion.

  • Conab: price of vegetables retreats in November

    Your pocket

    Larger supply of products helped reduce wholesale and consumer prices

    The price of food is getting smaller for consumers. Data from Companhia Nacional de Abastecimento (Conab) show that vegetables were cheaper at wholesale prices in  November.

  • Aneel auction expected to generate R $ 8.7 billion in investments

    Electricity

    All 11 lots offered were sold, and projects should generate investments, jobs and more energy security in Brazil

    With investments in the order of R $ 8.7 billion, 11 lots of concession of transmission lines were auctioned  this Friday (15),  by the National Electric Energy Agency (Aneel). This is the second event of its kind and will benefit 10 Brazilian states.

  • National Day of Solidarity Economy is celebrated this Friday (15)

    Inclusion

    This year, the Government of Brazil has already allocated about R $ 25 million to the proposals of solidarity and social economic enterprises

    Celebrated this Friday (15), the National Day of Solidarity Economy honors the modality in which the workers themselves are the owners, touch the business and share results. The logic is different from  the conventional economy, where owners and employees work separately. 

  • BNDES renegotiates debt of 14 more states

    Recuperation plan

    As part of the recovery plan presented by the Government of Brazil, the institution renegotiates amounts that reach R $ 8.2 billion

    The National Economic and Social Development Bank (BNDES) reported last Friday (15) that it is finalizing a proposal to renegotiate the debt of 14 Brazilian states. In total, the amounts total R $ 8.2 billion, and the institution will extend the payments in 10 years.

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