The announcement of a new direct flight between Italy’s Milan airport and Rio Grande do Norte in Brazil has delighted residents of both countries, opening up a new route from Europe to the North East of the South American country. While the tourism potential is being celebrated by Italians eager to explore Brazil, and by… Read more »
Latam Airlines Group SA, the biggest airline in Latin America, is planning to create an international hub in northeastern Brazil as it seeks to tap demand for flights to Europe and compete with a Portuguese rival. Creating a hub in Natal, Fortaleza or Recife would give fliers, easier and more direct access across the Atlantic,… Read more »
Chinese premier Li Keqiang lifted the wraps Tuesday on a multibillion-dollar series of trade and investment deals with Brazil, as Beijing looks to invest $50bn in South America’s largest economy. The news unveiled on the Chinese official visit is a huge boon for Brazil as it endures a fifth straight year of low growth after… Read more »
With the depreciation of the Brazilian real in relation to the U.S. dollar this year (hovering around R$3.00/US$1), Brazilians have become far more interested in travelling within their nation than abroad. Tourism is one sector that is bucking the trend of slower economic growth and consumer spending, indicating positive growth and great potential. According to… Read more »
Unsurprisingly, Brazil’s tourism ranks high in the world when measured by importance of its contributions to the Brazilian economy. World Travel and Tourism Council (WTTC) figures show that the direct contribution of Travel & Tourism in Brazil was 3.5% of its GDP in 2014, with projections to grow 1.5% in 2015 and 3.5% per annum… Read more »
House prices in Brazil have in recent years been one of the biggest drivers of economic performance in Brazil and despite the recent slow-down in the economy, house prices across Brazilian cities have continued to rise. The Knight Frank Global House Price Index (Q3 2014) recorded a robust 9.2% year-on-year house price growth in Brazil, placing the Latin American… Read more »
The Brazilian rainforest could be effectively nationalised under a draft bill being considered by the country’s MPs. The proposed legislation would recognise the sovereignty of Brazil over the Amazon’s natural resources and set up a national Amazonian policy council with the aim of enshrining environmental protection and regulating economic activities in the rainforest. Should the… Read more »
Ritz-G5 utilized the opportunity to attend a highly enlightening and interesting Webinar on the Northeast of Brazil recently, presented by UK Trade & Investment (UKTI).
Opportunities in the Northeast of Brazil, a growing region | Ritz-G5 - Inspiring Developments –...
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Focussing solely on the Northeast of Brazil, UKTI brought forward a number of important and interesting regional statistics, highlighting the region’s recent economic growth and vast array of business opportunities.
A record total of 3.3 million tickets for 23 sports for the Rio 2016 Paralympic Games are due to go on sale on September 7 to mark exactly One Year To Go until the Opening Ceremony in the Maracanã Stadium, it has been announced.
Tickets for Rio 2016 Paralympics to go on sale | Ritz-G5 - Inspiring Developments – Intelligent...
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Prices will range from BRL10 (£2/$3/€2.50) for the cheapest seats to BRL1,200 (£215/$340/€300) for the most expensive, which is for the Opening Ceremony.
