Business - São Paulo
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 amassing $25 billion in exports and shown significant resilience and adaptability.
Representing a 5.3% increase from the previous year, this growth...
São Paulo Experiences Best July Sales Since 2008
FecomercioSP announced that São Paulo's commerce saw its most robust July since 2008.
Total revenue reached R$ 100.7 billion ($19.5 billion), a R$ 3.9 billion...
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...
No Privatization for Brazil’s Santos Port, LatAm’s largest
On Monday, Ports Minister Silvio Costa Filho confirmed Santos Port will remain public but didn't dismiss the possibility of...
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 across the state.
The government celebrated...
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...
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...
Over 30,000 new companies were opened in the State of São Paulo in March
The month of March registered a record number of companies opened in the State of...
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 will be needed between...
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