Toyota confirms 11 billion real investment in Brazil by 2030
JAPANESE automaker Toyota officially announced on Tuesday (Mar 5) an 11 billion real (S$3 billion) investment in Brazil, saying it will be...
Coffee craze forces Asia’s big exporters to buy Brazilian beans
SOME of Asia’s biggest coffee-producing nations are finding it more challenging to satisfy the caffeine cravings in their home markets.
World economy has growing shot at soft landing, G20 draft says
THE global economy has a growing chance of pulling off a soft landing, finance chiefs said in a draft of the G20’s...
World’s biggest climate finance club GFanz to aid Brazil’s transition
THE world’s biggest climate finance coalition has pledged to support Brazil’s ambitions to green its economy and cut carbon emissions.
G20 finance meeting to set aside geopolitics, focus on economics
WITH their countries deeply divided over Israel’s attacks on Gaza, finance officials from the Group of 20 major economies are poised to...
Seatrium’s H2 loss widens to S$1.7 billion, proposes 20-to-1 share consolidation to axe ‘penny stock’ status
SEATRIUM reported a net loss of S$1.7 billion for the second half ended Dec 31, 2023, widening from a net loss of...
Sea's Shopee reaches 10 distribution centres in Brazil
SHOPEE said on Friday (Feb 24) it has opened its tenth distribution centre in Brazil, near the city of Goiania, its first...
Brazil rebuilds reputation after decade of crises
THE reputation of Brazil, the largest and most influential country in Latin America, took a battering during the era of controversial former...
Deforestation in Brazil’s Amazon down by 50% to five-year low in 2023
DEFORESTATION in Brazil’s Amazon rainforest in 2023 halved from the previous year to its lowest level since 2018, government data showed on...
Brazil's priciest power transmission auction expects few bidders
BRAZIL’S largest-ever power transmission auction by expected investment volume may see little competition, experts and executives said, as the need for billions...