Mother’s Day should move R$ 12.2 billion ($2.2 bn) throughout the country, according to an estimate by CNC (National Confederation of Trade of Goods, Services and Tourism). The value corresponds to an increase of 47% compared to the result of 2020 (R$ 8.26 billion($1.4 bn)).
Source: R7 Economia
The National Bank of Economic and Social Development (BNDES) confirmed on Thursday, 29, that will reissue the suspension of debt collection from small and micro enterprises. The measure affects companies with annual turnover of up to R$ 4.8 million ($870k). BNDES estimates that about 100 thousand companies may benefit. With the suspension for six months, R$ 2.9 billion ($527 mm) will no longer be collected, according to the bank’s calculations.
Source: UOL Economia
The Brazilian population’s interest in organic food is on the rise, according to Euromonitor International. The Brazilian certified organic market moved approximately R$ 100 billion ($18 bn)in the country in 2020. The highest figure for this category of food since 2006, in relation to 2019 the advance was 3.5%.
Source: Money Times
Petrobras approved the sale for R$ 1.8 billion ($328 mm) of its remaining 10% stake in Nova Transportadora do Sudeste S.A. to Nova Infraestrutura Gasodutos Participações, a company formed by Nova Infraestrutura Fundo de Investimentos em Participações Multiestratégia, an investment fund managed by Brookfield Brasil Asset Management Investimentos Ltda., and by Itaúsa S.A., the current controlling shareholders of NTS.
Source: Canal Energia
Exports of high technology products totalled $1.35 bn in the first quarter and had the second worst result for the period since official records began, in 2010, according to analysis by the National Confederation of Industry (CNI). The value is only better than that seen in the first quarter of 2020, when world demand was already weakened by the effects of the pandemic.
Source: Valor International
The total cargo handled at Tiplam (Terminal Integrador Portuário Luiz Antonio Mesquita), in Baixada Santista, showed growth of 16.3% in 2020, compared to the previous year, with the boost in grain and sugar transport by rail. Managed by concessionaire VLI, the Santos terminal handled 12.6 million tons of grains, sugar and fertilisers last year.
Source: SP Investe
The Brazilian economy generated 184,140 formal jobs in March, according to data from the General Cadastre for Employed and Unemployed (Caged) released by the Ministry of Economy. This is the difference between hiring, which totalled 1,608,007 last month, and layoffs, which totalled 1,423,867.
Brazil’s second largest sugar producer, Tereos Açúcar e Energia Brasil, the sugar and energy arm of French co-operative Tereos, agreed new credit operations related to environmental sustainability projects and criteria last month and ended the last sugar and ethanol harvest (2020/21) with more than R$1 billion ($181 mm) in “green” financing, an amount equivalent to almost a third of its entire debt.
Source: Portal do Agronegocio
The ONS informed that the Northeast registered a new record of average solar photovoltaic generation last Monday (26/04). The solar rays reached the generation of 645 average MW, an amount that represents 5.6% of the load demand of the whole region. The previous record was registered on 07/04, with 623 average MW, 3.4% lower.
Source: Energia Hoje
The privatisation of the Post Office should only happen in 2022, said the director of BNDES Leonardo Cabral, who estimates that at least 70% of the company’s capital is offered to the private sector. The idea is that the Union is only with a minority stake in the company to not hinder the competition and the operation of the company.
Source: Money Times