In this section of the BRIC Group news section, you will find our latest news posts and articles about Brazil. This section covers a variety of topics related to the country generally. These include the Brazilian economy and news about population growth. You will also find news about tourism and statistics for the Brazilian property market. In addition, there is information specific to Northeast Brazil with particular emphasis on the state of Ceará. This features news about the local economy, employment and investment opportunities in the area. All the Brazil news comes from reputable sources including global news agencies such as Reuters and Bloomberg plus official Brazilian organisations such as the Brazilian Tourism Ministry, the Brazilian statistical office (IBGE in Brazilian) and the Brazilian Central Bank.
Brazil stopped tourist visa requirement for United States, Canada, Japan and Australia visitors that travel to Brazil. They are aiming to do the same with India and China to keep boosting tourism. The state of Ceará is also experiencing a tourism boost where The Coral is located.
The willingness to invest in Brazil is one of the highest in Latin America. Also, compared to the same period a year ago, Brazil’s GDP grew by 1.0%. Also, a 3.2% jump in fixed investment and a 0.7% rise in industrial production helped drive the expansion
Brazil is predicting a noteworthy increase in the agriculture production this year. The production of cereals, legumes and oil seeds for this year is estimated at 236 million tons. This shows an increase of 4.2% compared to last year.
The Institute of Economic Research and Strategy of Ceará (IPEC) has published new data regarding households in Brazil.
In 2018 the number of households in Ceará increased by 3.7% compared to 2017, totalling 110 billion new units.
Foreign investors are returning to the Brazilian market – The latest statistics published by the Central Bank of Brazil show a strong increase since April 2018. Banco Central do Brazil stated that from January until may in 2019, Brazil attracted foreign direct investment (FDI) inflows of more than US$28.1bn (€24.8bn).
Fortaleza will receive about R $ 1.5 billion in public investment. The main areas that the government aims to cover are Health, Education, Social Protection, Culture, Sport, Urbanization, Environment, Infrastructure, Transport and Mobility.
Tourism growth in Ceará is surprising. From January to May in 2019, there has been a raise of 12,2% in landings and departures in Fortaleza airport.
Good news for Ceará as the Ministry of Tourism, Sebrae and Embratur are launching a new program to benefit the tourism sector.
Looking for the best places to visit in Brazil in 2019? The Ministry of Tourism highlights this year’s favourites with Ceará taking top position.
Fortaleza is one of the top places in Brazil for startup businesses and foreign direct investment surged last year. Find out more here