The Brazilian government plans to create a partnership with the National Bank for Economic and Social Development. The government’s main aim in collaborating is to minimize conflict with the National Bank. Trata Brasil’s president recently talked about the important issues relating to the introduction of this partnership. One of the key issues President Edison highlighted was Brazilian sanitation. He claimed that it is public labor that performs 90% of Brasil’s basic sanitation services and out of the 90%, the state organization manages to serve about 70% of Brazilians. In addition, the president said that its government agencies possess extensive experience that helps in laying an effective investment strategy by collaborating with the National Bank.
The National Bank hopes to develop modified action plans of its services to the state. President Edison states that this move will help the bank in various ways such as, by enabling the bank in adapting projects to the needs of each state, among others. Water shortage in Brazil was another issue pointed out by the Trata Brazilian president. The water issue led to the flow of financial resources in the water sector. He further said that waste made it impossible for states to receive sanitation services.
According to Mr. Montoro’s report, the president recommended the private enterprise’s resources that can prevent water from being wasted. Therefore, he has called upon his government to endorse such technologies and come up with better investment in sewage infrastructure.
About Felipe Montoro
Mr. Felipe Montoro Jens previously served as an alternate member of the board of directors, and as a nominee of a South African company. He is currently serving as the Chief Financial Officer and is also responsible for the company’s investment sector. Earlier on, Mr. Jens worked in the planning, controlling, treasury, and project finance divisions with the company’s group of professionals. He also served as a director of Braskem Company in 2010 to 2013 and later on, as director of Concesionaria Trasvase Olmos. Mr. Felipe graduated with a degree from Getulio Vargas Foundation. Besides, he also holds a graduate degree from Thunderbird School of Global Management.
Igor Cornelsen is a financial expert who is known throughout the Brazilian economic field. He possesses an incredible amount of knowledge regarding the area of finance. He is one of the most well-known investment bankers in the country and has worked with numerous large companies through the course of his career. Igor is someone who stands out for the incredible contribution that he has made in the field, and for having been part of numerous business deals of both local as well as international companies. When dealing with clients, he has always managed to put their needs ahead of his, which is why he is such a sought after investment banker for companies to go to.
Cornelsen has worked extremely hard to get to the position he is in today. He has dedicated his entire career to being the best at what he does, which is seen in the work that he has done. Cornelsen is also an extremely active blogger, who writes about the numerous happenings in the financial field. He also writes about the various nuances of investment banking, and his experiences working in the sector. Helping people has always been something that Cornelsen liked doing, and through his blog, he wants to help educate people about the different aspects of the subject, and give them ways in which they can implement it in their daily lives. Igor Cornelsen mas managed to attract an exceptionally large audience of viewers who regularly tune into the articles that he writes. Cornelsen knows that a lot of the work that he puts out is read by people who aren’t that well versed in the financial field and thus tries his best to explain the concepts that he is talking about in the most simple way so that everyone can understand.
A lot of the blog posts that Cornelsen puts out are also about Brazilian banking and the country’s economic scene in general. Being the environment that he knows best, Igor Cornelsen has been able to write some incredibly insightful articles which have been referenced numerous times in explanations of the economy
It is a common fact that everyone wants to be an entrepreneur. This is because owning your enterprise is attractive as they are not accountable to a boss any more. This is why Flavio Maluf is presenting his views on the subject to help aspirants achieve what they dream. He is the President of Eucatex.
He begins by saying that entrepreneurs are mistaken when they think that now they will have to work less while they earn more as compared to when they were employed elsewhere. This is because the entrepreneur needs to take care of the entire business. There will be no fixed working hours. This is because an entrepreneur must be available at all times. There cannot be vacations as and when he wants. Besides, the dedication will not be enough to win the next promotion in this case.
Flavio Maluf also talks about the fact that too much money is required to start a business. There are many business models available today which do not require huge capital. Also, there are many investors in the market who are on the lookout for great ideas as well as good executors.
However, Flavio Maluf does acknowledge that starting a business in Brazil is not going to be easy. As per the World Bank, it takes 107 days on an average to open any company here. In case any specific certificates are needed or regulations to be followed, this delay can be even more.
He also says that it is not imperative that an idea has to be completely innovative in order to open a venture. Anything unique always helps one to stand above the competition. But the most important thing here is to ensure that customers are willing to pay in order to consume your product.
Flavio Maluf maintains that people should not be averse to taking risks in case they wish to start their own business. Good entrepreneurs take calculated risks. The fact is that risks will always exist. What a person can do is to minimize it. This would require monitoring of competition and analyzing the market. Next is to assess the impact of any actions that are taken in both negative as well as positive scenarios. , https://br.linkedin.com/in/flavio-maluf-172147b3
Flavio Maluf is a Brazilian businessman and holds a degree in Mechanical Engineering from Fundação Armando Álvares Penteado (FAAP) in São Paulo, Brazil as also studied Business Administration at New York University. Flavio Maluf takes interest in economy and writes about news articles that are important for Brazil and the world. In this article, he focuses on the textile industry and its recovery.
The Brazilian economic crisis has reached many fields of the market. The textile and confection industries have faced two years of recession, but 2017 started with good news. According to the Brazilian Textile and Confection Industry Association (Abit), when in January, sales rose 1% in clothing sales against the 6.7% drop in 2016. Flavio Maluf, the president of Grupo Eucatex, presents this data optimistically. The textile production also rose 1% against a drop of 5,3% in 2016. He also expects that the revenue for the textile and confection industry for 2017 will be around R$135 billion (U$40,2 billion), which would be a 4.6% increase in relationship to 2016 results. The clothing wholesale market should grow 2%. Importation to Brazil should see an increase of 10% (1.21 million tons) and 5% in exports (209 thousand tons). In relationship to the sector creating jobs, estimates point to the creation of 10 thousand jobs in 2017. The sector should also attract R$1,75 million (U$520 million) in machinery and equipment.
Flavio Maluf explains that the reasons that justify the slow recovery of the Brazilian economy are the reduction of the interest rate, inflation near to the middle of the goal, some improvement in the credit market as well as trust in companies and consumers.
According to Abit, 2017 will be full of uncertainties, but the industry is ready to rebound in the textile and confection area it reacts quickly to positive changes in the economy. Recent tax breaks, according to Flavio Maluf, should stimulate investments and consumption, which should help the Brazilian economy recover.
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