About Gelcy Bueno

This author has not written his bio yet.
But we are proud to say that Gelcy Bueno contributed 6991 entries already.

Entries by Gelcy Bueno

Companies seek court injunctions to open medical schools

High education companies are going to court to open medical schools, without going through the scrutiny of the More Doctors program law, which defines several requirements. Since last year, 400 places were authorized after injunctions forced the Education Ministry to analyze requests to open these courses without taking part in the federal program. With the […]

Financial conditions worsen severely, threaten activity

The risk-averse behavior in financial markets around the globe this year — together with the upward movement of short and long-term interest rates both in Brazil and abroad —generated a strong deterioration in financial conditions. The effects on the economic activity have not been strong so far, given that measures adopted by the government and […]

Economists expect GDP downfall in second half

Economists were taken by surprise with the data for the Brazilian economy, especially in March, and raised their projections for the GDP in the first quarter of this year, opening space for a more positive view of the activity both in the following three months and in 2022. The year, however, is likely to have […]

Market expects benchmark interest rate to surge

The inflationary scenario already called for caution and indicated a great challenge ahead for the Central Bank. The concerns of market players, however, have increased as inflation has raised a red flag, with an even more persistent character, while the monetary authority has given signs that the end of the tightening cycle is near. The […]

CFOs are less optimistic about Brazilian economy

Jose Claudio Securato — Foto: Sergio Zacchi / Valor Finance executives are less optimistic about the future of the Brazilian economy. In the first quarter, the CFO confidence index (iCFO) stood at 131.6 points, the lowest level since the end of 2020, when it was at 121.3 points. Input costs, domestic market demand, competitiveness and […]

Key change of new sanitation framework faces resistance

The formation of regional sanitation blocks, one of the great changes brought by the new legal framework for the industry, has faced challenges. One major obstacle is that municipalities are unwilling to join the model, which in some cases can turn projects unfeasible. One example is the regional unit of Rondônia. The block may become […]

Decree to enable new cut in import tariffs

Goal is to eliminate wharfage services or terminal handling charges — Foto: Leo Pinheiro/Valor The government has a decree ready to change the way import tariffs are collected. With this, the economic team believes it will achieve an additional reduction of 1.5 percentage point of the rates on imported goods. The idea, according to aides […]

Retailers bet again in brick-and-mortar stores

More than two years after the beginning of the pandemic, retailers have resumed investments in store openings and land purchases, at the same time they have been increasing disbursements in the digital arena — the business that has supported part of the retail results. This increases the need for the chains to expand their spending […]

Change in housing program to boost construction companies

Trade groups, analysts and developers included in Green Yellow House have been calling for a new update of the housing program subsidies — Foto: Tomaz Silva/Agência Brasil The Brazilian Chamber of the Construction Industry (CBIC) unveiled this week the sector’s data for the quarter, which shows stability compared to the beginning of 2021. Sales are […]

States, municipalities to face losses with cap on sales tax

The cap for sales tax ICMS rates on certain items, as proposed by the Chambers of Deputies and approved on Wednesday, may reduce inflation projections in the short term by 1 to 1.5 percentage points, while generating revenue losses for states and municipalities of R$65 billion to R$70 billion per year, especially as of 2023, […]