Business - São Paulo
São Paulo and Minas Gerais Predict Smallest Orange Harvest in a Decade
The São Paulo and Minas Gerais region, Brazil's hub for citrus production, is expected to experience a significant 24.36% drop in orange output for...
São Paulo Moves Forward with Sabesp Privatization Plan
São Paulo's City Council recently greenlit a bill that could lead to the privatization of Sabesp, the city's primary sanitation company.
Bill 163 of 2024 passed with a robust 37 to 17 vote last Thursday....
Mercado Libre Channels Major Investment into São Paulo’s Economy
In 2024, Mercado Libre will inject R$ 8 billion ($1.57 billion) into São Paulo, representing 35% of its R$23 billion ($4.51 billion) Brazil-wide investment.
This...
São Paulo Booms and Leads Brazil in Farming Exports
In the past 11 months, São Paulo's agribusiness has achieved a remarkable milestone by...
São Paulo Experiences Best July Sales Since 2008
FecomercioSP announced that São Paulo's commerce saw its most robust July since 2008.
Total revenue reached R$ 100.7 billion ($19.5...
Brazil Tops in LatAm Unicorns
Brazil is home to 24 out of 45 startup unicorns in Latin America, with notable companies like Nubank, iFood, and 99, according to a...
São Paulo Governor Advances Water Utility Sale
São Paulo's Governor, Tarcisio de Freitas, is moving ahead with privatizing Sabesp, the state's water utility.
He's met with 180...
New business openings in São Paulo hit highest rate since 1998
Brazil's São Paulo state set a new record for business openings in August. Over 30,000 new firms sprang up...
Luxury’s new frontier: São Paulo’s malls magnetize global fashion brands
Leading global brands are showing renewed interest in establishing stores in high-end shopping centers...
São Paulo’s industry recorded growth of 2.9% in May, contributing to the nationwide increase
São Paulo's industry experienced a positive growth rate for the third consecutive month, with a...
São Paulo government explores privatization of hydroelectric power company
The São Paulo government, in collaboration with consultants from Genial Bank, recently held an initial working meeting to initiate...
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