Despite two tax hikes, Chinese brands have yet to increase prices 09/12/2024 BYD operation at Suape Port in Pernambuco — Foto: Maira Erlich/Bloomberg Since the government announced the gradual reinstatement of the Import Tax on electric and hybrid cars, the tax has been increased twice, in January and July. However, Chinese brands, which are the […]
Bill that makes it possible to continue exempting 17 labor-intensive sectors and municipalities from paying taxes is now on its way to presidential assent 09/12/2024 Despite passing the main text and rejecting amendments, the Lower House adjourned early Thursday without fully approving a bill that ensures the continuation of payroll tax exemptions for 17 labor-intensive […]
First R$200m already withdrawn by the company 09/12/2024 Ty Eldridge — Foto: Rogerio Vieira/Valor Brasol, a renewable energy company primarily funded by BlackRock and Siemens, has announced its first issuance of simple debentures, amounting to R$400 million, to finance its growth plan through the construction or acquisition of new solar plants in the distributed generation […]
Planning has improved, but freight costs have tripled and product shortages remain a concern 09/11/2024 If drought in the Amazon region worsens and freight costs continue to rise, consumers may see higher prices in stores — Foto: Ricardo Stuckert/PR/Divulgação Improved planning by the industry and retail sectors for this year’s dry season in Manaus, compared […]
Despite deflation, consumer price index also delivered some bad news for the country’s monetary policy 09/11/2024 Central Bank’s building in Brasília — Foto: Cristiano Mariz/Agência O Globo In August, inflation posted its first decline of the year, moving away from the upper end of Brazil’s Central Bank target and potentially easing some pressure on the […]
Lack of rain delays planting of beans, soybeans; concerns increase export premiums at the port of Paranaguá 09/11/2024 Coffee crops damaged by drought in Bom Jesus — Foto: Alexandre Maroti/Arquivo pessoal The recent fires in agricultural production areas in different parts of Brazil prompted a warning on the population but the dry weather is currently […]
While talks of further Selic rate hikes remain in focus, the stock market has surged 10.2% since early July 09/06/2024 Aline Cardoso — Foto: Carol Carquejeiro/Valor As the U.S. monetary easing cycle approaches, market participants are increasingly anticipating this month’s interest rate decision, expecting it could fuel further gains for the benchmark stock index Ibovespa. […]
Sugarcane sector is the most affected; fire killed crops of settlers and farmers in Ribeirão Preto 09/06/2024 Fire on the Fazenda da Barra, owned by settlers, in Ribeirão Preto — Foto: Acervo Pessoal The fires in the state of São Paulo have caused losses of more than R$2 billion to agribusiness, according to the state […]
Plan is to update, renew transmission assets in different parts of Brazil 09/04/2024 Equipment manufacturer Siemens Energy signed four contracts with Eletrobras amounting to over R$300 million for updating transmission assets in several Brazilian states. The plan is to renew depreciated assets or those that have reached the end of their useful life. Siemens Energy’s […]
Government intends to restore 15,000 hectares in Bom Futuro National Forest in Rondônia state 09/04/2024 The government expects to complete Brazil’s first public concession for forest restoration by the end of this year. This is also the first project to restore degraded lands financed through carbon credits, which could be an important test for the […]