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