The combination of high interest rates and income-eroding inflation means a very favorable environment for nonperforming loans, both from individuals and companies. The figures do not confirm a substantial advance for now, which can be explained by the efforts by banks to renegotiate with their clients and give them more time or even a grace […]
Engineering companies — which used to dominate highway concessions in Brazil — have regained strength, but now with a new profile: by the association of medium-sized construction companies. This type of consortium has become usual in auctions in the sector, especially in state ones. Of eight state tenders since 2019, five were won by consortiums […]
After the record of Brazil-United States bilateral trade in 2021, the expectation of the American Chamber of Commerce (Amcham Brasil) was for lower growth in 2022, but the surprisingly positive data from the first quarter affirmed the view that, despite the uncertainties, new records can be achieved this year. Between January and March 2022, the […]
If the Central Bank is willing to put inflation again at the center of the target range in 2023, the Selic, Brazil’s benchmark interest rate, must be raised above the expected 13.25%, said Cassiana Fernandez, J.P. Morgan’s chief economist for Brazil. For her, in a moment of high uncertainty, it is important that the monetary […]
Mergers and acquisitions are down sharply this year in light of the economic instability abroad and in Brazil and the uncertainties caused by Russia’s war against Ukraine. In total, 134 deals were announced this year to April 10, down 14.6% year over year. The slowdown is greater when the combined amount involved is considered: it’s […]
In an auction without competition, the Integrasul Consortium won Block 3 of the Rio Grande do Sul’s state highways. The group is formed by two companies: Silva & Bertoli (of Neovia Engenharia) and Gregor Participações (Greca Asfaltos). The only bidder, the consortium offered a discount of 1.3% on the toll value. The group will need […]
Brazil will negotiate its accession to the World Trade Organization’s Agreement on Trade in Civil Aircraft, the Economy Ministry said Wednesday. The plan is to facilitate the access of Brazilian products to a global market estimated at $3 trillion. The mandate to negotiate was approved Tuesday by the Commercial Strategy Council of the Foreign Trade […]
In the south of the northern state of Roraima, land costs one seventh of real state in other large centers of agricultural production in Brazil. In spite of that, when flying over it, it is possible to see areas that have been open for decades and have been abandoned due to lack of resources. They […]
Hospital Care – a group with 13 hospitals and 30 clinics owned by Crescera and Abaporu funds, of the businessman Elie Horn – is negotiating the sale of part of its business with the insurance company Bradesco Saúde and local and foreign private-equity funds. Bradesco is interested in a 30% stake in the hospital group […]
The Brazilian monetary authority has been sailing in the dark for almost two weeks without the latest editions of the Focus survey, which collects the estimates of economic agents for several key indicators in the management of the country’s monetary policy, such as inflation (IPCA), activity (GDP), and interest rates (Selic). It does not mean, […]