The Brazilian agribusiness exportations were $77,9 bn from January to September of this year, a 7,5% high in relation to the same period last year. Imports totalized $9,2 bn. Thus, the agribusiness obtained a record surplus of $ 68.7 bn for the accumulated nine months, according to the Confederation of Agriculture and Livestock of Brazil (CNA).
Source: Portal Agronegocio
President Jair Bolsonaro sent to the National Congress the Legal Framework of Startups. It is a bill that promises to encourage new companies and improve the business environment. “Brazil is the 4th largest digital market in the world. We have evolved a lot, but we want to advance even more, facilitating the business environment,” said Bolsonaro.
Source: UOL Economia
The São Paulo government announced investments of R$ 6 billion ($1 bn) to restructure the state’s railroad network. The undertaking will be realised by Rumo Logistica Group and will attend 72 cities of São Paulo. Among the planned works are the recovery of two branches that were deactivated: Colombia-Pradópolis (185.6 km) and Panorama-Bauru (369.1 km), towards the Port of Santos.
Source: Money Times
With a task force that included calculations of the last holiday, the CCEE concluded this week the preliminary calculations of the extension of the concession term of the hydroelectric plants with contracts in the free market and with debts related to hydrological risk. The calculations project an extension of 423 concessions with an average of 500 days
Source: Energia Hoje
Brazilian trade activity has registered a high of 3,4% in September, according to Serasa Experian. It is the fifth consecutive monthly increase, already considering seasonal adjustments. Serasa highlights that, since the worst fall of the year, the indicator has been presenting improvement, retreating each time less, confirming sector’s recover trend.