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Business - São Paulo

São Paulo Booms and Leads Brazil in Farming Exports

In the past 11 months, São Paulo's agribusiness has achieved a remarkable milestone by amassing $25 billion in exports and shown significant resilience and...

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 ($19.5 billion), a R$ 3.9 billion ($754.7 million) increase from last year. Car sales were the primary...

Tourism’s Big Impact on São Paulo’s Economy and Jobs

New data shows tourism contributes almost 10% to São Paulo's GDP. São Paulo's Legislative Assembly learned this on September 12. Tourism also fuels 52 economic...

No Privatization for Brazil’s Santos Port, LatAm’s largest

On Monday, Ports Minister Silvio Costa Filho confirmed Santos Port will remain public but...

Brazil Tops in LatAm Unicorns

Brazil is home to 24 out of 45 startup unicorns in Latin America, with notable companies like Nubank, iFood,...

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 in São Paulo, Brazil's largest consumer market. Brazil is the country...

São Paulo state creates 36,000 new jobs in June testifying to robust growth and investor confidence

In June, São Paulo state, a Brazilian powerhouse with an economy outstripping that of Argentina, bolstered its workforce with...

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 2.9% increase in May...

São Paulo government explores privatization of hydroelectric power company

The São Paulo government, in collaboration with consultants from Genial Bank, recently held an...

Technology sector in São Paulo state will create at least 420,000 jobs by 2024

The Brazilian Association of Information and Communication Companies (Brasscom) estimates that at least 420,000 professionals...

Sugarcane and soybean rotation boosts São Paulo’s agribusiness

São Paulo is the leading sugarcane producer in Brazil, but the crop rotation has made soybean gain more and...