The United States could double visits from Brazil and Chile in one year and generate $10.3 billion in new tourism revenue. In 2010, 1.2 million Brazilians visited the United States, injecting $5.9 billion into the American economy. economy.That would mean creating 95,100 new American jobs. What needs to be done? Extend to these countries the visa-waiverContinue reading “The US could double visits from Brazil and Chile. Do they want to?”
L’Oreal the world’s largest cosmetics maker announced that Brazilian sales grew by 21 % in 2010, jumping to 705 million euros. And they want more.. The French based company aims to double sales in Brazil by 2015 and add 50 million new customers there in the next decade as Latin America’s largest economy expands, saidContinue reading “L’Oreal wants to double Brazilian sales in 4 years”
Brazil needs to be more innovative: The excellent Schumpeter column drives home the point that not all BRICs are equal. “Can their country become an innovator in its own right, or is its recent growth little more than a by-product of China’s appetite for commodities?” “Yet Brazil suffers from two huge blocks to growth: redContinue reading “Brazil needs to be more innovative”
The first Business Centre Apex-Brazil in Africa was launched this week in Luanda, Angola. The Centre will enter into full operation in March 2011 and targets to expand Brazilian company’s participation in the reconstruction process of Angola, as well as to facilitate investment and operation of Brazilian companies in the African market. “We are openingContinue reading “Targeting Africa, Brazil launches business centre in Angola”
HSBC promoted China in 2008 and India in 2009. Now it is Brazil turn. On a year-long ‘tour’ across key markets, high-profile briefings will draw together Brazil ‘champions’, industry pioneers from a range of sectors, and senior-level policy-makers to examine Brazil’s investment opportunities over the next five years and identify the obstacles to be overcome.