Brazil Buzz! - Missouri · crop monitoring and ... those made by Horus have be-come increasingly...
Transcript of Brazil Buzz! - Missouri · crop monitoring and ... those made by Horus have be-come increasingly...
The European Union (EU)
and Mercosur, the South
American trade bloc,
moved forward, as Mer-
cosur countries adopted
unified positions.
The Mercosur countries
reiterated commitments to
advancing the negotia-
tions, which have stalled
recently, and German
Angela Merkel also ex-
pressed hope for a fair
deal between the groups.
The deal would be a con-
siderable victory for Bra-
zilian agribusiness and
manufacturers alike, who
would gain more favora-
ble access to the large EU
export market.
Export industries experi-
enced a scare last month
when some countries froze
beef imports amid a
health inspections scan-
dal, but tests and reas-
surances led those deci-
sions to be quickly re-
versed. But the issue was
not expected to imperil
the talks.
With efforts like the TTIP
stalling amid rising pro-
tectionist sentiment in
many advanced econo-
mies in the United States
and Europe, a break-
through in Europe-South
America trade would be
a significant victory for
businesses in each of
those markets.
A deal would also aid
intermediate goods pro-
ducers in the supply
chain sometimes export-
ing to Brazil, especially
in agribusiness areas
with high-tech parts not
always made in Brazil.
EU and Mercosur move forward on trade talks
Exchange Rate News
The Brazilian real (BRL) was somewhat more volatile during the month of March vis-à-vis the US dollar (see graph at right on inverted scale), but finished the month at roughly the level it began, at roughly 3.12 BRL per USD.
APRIL 2ND
FOREX QUOTES:
USD-BRL 3.120
USD-GBP 0.796
USD-EUR 0.938
USD-KRW 1116
USD-JPY 111.37
USD-CNY 6.889
INFLATION EXPECTED TO REGISTER BELOW TARGET
2
FUNDING INCREASES FOR BRAZILIAN DRONE PROJECTS
2
GOOGLE LOOKS TO BOOST INVESTMENT IN BRAZIL
3
EMBRAER TESTS JET PROTO-
TYPE IN SAO PAULO STATE
3
CHINA BECOMES BRAZIL’S LARGEST EXPORT MARKET
3
PORSCHE BRINGS HYBRID MODEL TO BRAZIL
4
TRADE SHOWS: APRIL, MAY, AND JUNE
5
BRAZIL BUSINESS NEWS HEADLINES
6
Inside this issue:
April 2017 Volume 6, Issue 4
Brazil Buzz!
Business news and updates for opportunity seekers
Tradebrz WTC Business Tower Av. das Nações Unidas, 12551, 4th Fl Sao Paulo-SP—04578-903 Ph: +5511 -3044-4848 Mobile: +5511-97207-2065 Ph: +5511 -3044-4848 Mobile: +5511 –97207-2065 [email protected]
Source: Oanda
BRL per USD in March 2017
farmers elsewhere in the
world, and may soon become
an integral part of farm man-
agement.
The Brazilian military, like
other countries in the region,
has also used drone technolo-
gy as part of border surveil-
lance efforts to boost counter-
trafficking initiatives.
These growing ranks of cus-
tomers, together with Brazil’s
status as a world leader in
aerospace technology, make
the country make clear the
trend toward funding and
developing greater drone
production capacity.
Drones are garnering greater
interest, as well as greater fi-
nancing, in Brazil as they seek
out opportunities in the country.
SP Ventures, an investment fun
recently involved in one such
deal, provided a loan of 3 mil-
lion Brazilian reais for Horus
Aeronaves, a small drone de-
veloper, to expand its opera-
tions.
Brazil’s large and growing ag-
ribusiness sector could soon de-
mand even greater involvement
of drone flights for duties like
crop monitoring and mapping.
Unmanned aerial vehicles like
those made by Horus have be-
come increasingly utilized by Page 2
Brazil Buzz!
“APPROVAL OF A
GOVERNMENT
SPENDING CEILING
AND IMPORTANT
REFORM
PROPOSALS SENT
TO CONGRESS ARE
INITIATING AN
INCREASE IN
CONFIDENCE.”
- Institute of Applied
Economic Research,
in written note
whom feared a worsening stag-
flation scenario of low growth,
complicated by rising prices.
The stabilization has also enabled
the Central Bank to cut rates, a
move that would have been a risky
means of boosting economic growth
amid higher price levels.
The government’s aggressive ap-
proach to budget cutting and deliv-
ering broader fiscal reform pro-
posals for debate in congress are
evidently bearing fruit.
Along with the improved inflation
expectations, Moody’s an American
ratings agency, raised its debt rat-
ing for Brazil to “stable,” marking a
serious move toward investor confi-
dence and market-based belief in
the country’s longer term stability
and growth prospects.
Figures from Brazil’s official eco-
nomic research institute showed the
country’s inflation expectations
likely falling below the target lev-
el of 4.5 percent in 2017.
The stabilization of prices in the
country as of late has brought a
sense of relief to politicians and
ordinary citizens alike, some of
Funding and interest increase for Brazilian drone projects
Inflation expected to register below target in 2017
Source: Flickr Creative Commons, Mark Hillary
Horus FT-100 drone (Source: Defesanet)
Google Brazil executives have
indicated that the company
will maintain its current invest-
ment trajectory in Brazil.
Over the past three years,
Google invested on the order
of 500 million Brazilian reais
in the country, where the tech
giant has expansive opera-
tions.
With a growing online popula-
tion, Brazil presents an ex-
panding base of internet users
likely to use its services.
The company has taken ad-
vantage of this fact and increased
its service offerings, as well as of-
fering entrepreneur trainings, lay-
ing more Western Hemisphere-
linking undersea cable, and other
moves in an effort to cement its
sectoral leadership in the country.
Recent activities by Google in Bra-
zil include the launch of Waze, a
navigation app that the company
acquired after it gained wide-
spread popularity in the US and
elsewhere.
Google looks to maintain investment rhythm in Brazil
Embraer tests prototype for new family of jets
terior of Sao Paulo state, sig-
nal a key step before the jets
can become part of the new
Embraer fleet bound for for-
eign buyers in export markets
across the globe.
The first E190-E2 is slated to
be ready for commercial
flights next year, with a Euro-
pean airline preparing to be
the first customers to pilot the
new line.
Brazilian aerospace giant
Embraer announced it had
completed test flights for
prototypes of its new family
of jets.
The prototype is part of the
new E190-E2 line of commer-
cial jets, intended to supple-
ment the company’s existing
options for major airlines.
The tests, carried out at the
company’s facilities in the in-
Page 3
Volume 6, Issue 4
Trade data released for the first two months of
2017 showed China replacing the European
Union as Brazil’s largest export market abroad.
The period showed export growth to Asia’s
largest economy of nearly 80 percent, surpris-
ing many analysts.
The boost was at least in part thanks to in-
creased sales to China in grains, chicken, soy
products, cellulose, pork, plastics, worked iron,
and airplanes. The varied makeup of goods ac-
counting for the growth showed that it was not
the performance of just one in-demand product.
With that increase, China became the number
one destination for foreign-bound Brazilian
products, rising from representing 14.6 percent
up to 21.6 percent of Brazil’s total exports.
China becomes largest market for Brazilian exports
“OUR PROPOSAL IS
TO OFFER
TECHNOLOGY THAT
HELPS MAKE
GOVERNMENTS
AND BUSINESSES
MORE
PRODUCTIVE.”
- Fabio Coelho, Vice
President of Google
Source: Flickr Creative Commons
English Language news sources for Brazilian news:
http://www1.folha.uol.com.br/internacional/en/ http://thebrazilianeconomy.com/
Porsche announced the arrival of its hybrid
Panamera model, soon to be seen driving on
Brazilian roads.
With carmakers expanding operations and
importing new models to the market, the up-
swing in interest and investments appears to
be putting an end to the period of weak de-
mand that plagued the industry during Brazil’s
concurrent political and economic problems last
year.
The arrival is set against a backdrop of growing
interest in hybrid vehicles in the country. While
the Prius and hybrid models of other cars have
long since become popularized in the US and
other markets, they have taken longer to gain
traction in Brazil.
That has begun to change, however, with more
car companies beginning to offer hybrid and
electric models. Nissan, for instance, is now selling
its Leaf electric model, and others may soon join
if conditions allow.
Porsche Panamera hybrid arrives in Brazil
Page 4
Fabio Yamada Tradebrz—Trade and Investment Promotion
WTC Business Tower Av. das Nações Unidas, 12551
4th Floor Sao Paulo-SP—04578-903
Ph: +5511 -3044-4848 Mobile: +5511-97207-2065
For information on how to participate in these or other trade shows in Brazil, contact [email protected]
May 1-5: AGRISHOW (agricultural technology) May 2-5: APAS (supermarket management) May 9-12: GLASS SOUTH AMERICA (glass technology & design) May 16-19: HOSPITALAR (hospital, lab, pharmacy, clinic & exam room) May 23-25: CARDS PAYMENT AND IDENTIFICATION May 23-25: FCE COSMETIQUE (cosmetics industry) & FCE PHARMA (pharma industry) May 23-25: EXPOSEC (private & public security)
BRAZIL TRADE SHOWS AND EXPOS, MAY 2017
BRAZIL TRADE SHOWS AND EXPOS, JUNE 2017
June 1-4: REATECH (physical rehabilitation and accessibility) June 23-26: BRAZIL OFFSHORE (oil & gas) June 27-30: FISPAL TECNOLOGIA (food & beverage industry packaging, processes & logistics)
BRAZIL TRADE SHOWS AND EXPOS, APRIL 2017
April 4-6: INTERMODAL SOUTH AMERICA (logistics, cargo transport & international trade) April 4-7: LAAD DEFENCE & SECURITY (security equipment & services for armed forces & law enforcement)
AB InBev to use 100 percent re-newable energy in Brazil
Multinational brewer AB InBev announced that, by the year 2025, all of the energy used in its Bra-zilian outfit’s operations will derive from alternative renewable sources. This means even its hydroe-lectricity, on which Brazil is highly dependent, will come from small sources rather than mega dams.
New Land Rover arrives in Brazil Land Rover’s newest model of its popular Velar SUV hit the Brazilian car market last month after its presentation in a Sao Paulo showroom. The sector has begun recovering from a recent slump, and carmakers in all segments of the market are hopeful for a return to the pre-crisis market growth.
Energisa plans 1.4 billion reais in investments
Energisa, an electricity provider, announced 1.4 billion reais in intended investments in 2017. The move would broaden the utility’s delivery capacity.
Airbus projects heavy aircraft de-mand in Latin America
European aerospace giant Airbus released estimates for Latin American demand growth for commer-cial jets, predicting that nearly 2,600 planes will be sold in the region for US$350 billion by 2020.
Canadian Solar wins financing for Brazil projects worth $20 million
Canadian Solar managed to obtain financing for US$20 million in projects soon to be underway in Brazil. A broader array of international funding sources for alternative renewable energy projects is changing the financing options for project developers previously dependent only on domestic banks.
Industrial goods consumption ticks upward to start the year
Brazilian consumption of industrial goods ticked upwards in January, as indicated by official figures released last month. The indicator, together with slowing inflation, bodes well for the country’s re-bound prospects this year.
Qualcomm to open semiconductor factory in Sao Paulo
Multinational telecoms firm Qualcomm announced it will open a new semiconductor factory in the city of Campinas, in Sao Paulo state. The company will invest US$200 million in the factory, as part of a joint venture with ASE Group and Brazil’s national development bank.
Brametal diversifies and enters solar equipment market
Brametal, a metal company in Brazil that specializes in electricity transmission towers and related equipment, announced it will enter the market for large-scale solar photovoltaic products.
EPE shows energy consumption continuing to trend upward
Brazil’s energy research arm showed that energy consumption in the country is continuing along its long upward trend. January consumption rates edged up 2.8 percent over January of last year.
Year begins with elevated beer sales
According to new figures, 2017 began with a boost for beer sales in Brazil. An industry group’s numbers showed several common brands showing growth of up to 40 percent over 2016.
Dassault plans Brazil expansion French aerospace firm Dassault announced plans to resume its business expansion efforts in Brazil. The company will accelerate its service offerings for private jets in the country.
Moody’s raises Brazil’s investment grade to “stable”
Moody’s, an American ratings agency, raised Brazil’s sovereign debt rating from negative to stable in a move that signaled greater investor confidence in recent macroeconomic trends in the country. The improvement credited at least in part the faster than expected fall in Brazilian inflation figures.
Brazil Business News Headlines
Culture Corner Papaya Cream Recipe
This is a popular dessert in Brazil. No wonder, because it's a most delicious and quick-to-
prepare summer dessert. It must be made and served right away. You will need a blender to
prepare the cream. This recipe serves one (a generous serving...).
- 1 ripe papaya
- 1 scoop vanilla ice-cream
- 1 tbsp. Creme de Cassis
- 1 sprig of mint for decoration
Peel papaya and remove seeds. Cut in small pieces. Put in blender with ice-cream and Creme de Cassis. Blend well until
smooth. Pour into a small bowl and decorate with mint. The mix of flavors and colors (orange papaya and purple liqueur)
is wonderful! If you don't want it to be alcoholic, use cassis syrup instead. You can reduce the calories by using Light ice-
cream.
Fogodechao.com