Brazil is experiencing one of its best moments in the aviation industry, and today the country with the second largest fleet of jets, behind only the United States and the third most produced aircraft of this type. Ahead of Embraer (a Brazilian local manufacturer), are only the American Cessna and Canadian Bombardier. The good performance is due in large part to the international crisis started in 2008, which created a favorable environment for the purchase of these aircraft in other countries, and the growth of emerging [...]
A decree signed by President Dilma Rousseff and published on Tuesday (9) reduces to zero the PIS and COFINS on the sale of so-called smartphones, cell phones with internet access, costing up to R$ 1,500 (around US $ 760.00) and are produced in Brazil. Together, the two taxes had a rate of 9.25% [...]
3.1 million tablet computers were sold in Brazil in 2012, an increase of 171% compared to the previous year, when they sold 1.1 million units, according to a study released by IDC [...]
65% of consumers in Brazil prefer to pay cash for their purchases, according to research points of Boa Vista Services. Credit cards ranked second (21%) and debit cards came third (10%). Only 1% of Brazilians use checks as payment [...]
Price increases for luxury goods and services in China this year are at their slowest level since 2009 but continue to outpace inflation, according to a report by the Hurun Research Institute. China’s Luxury Consumer Price Index, which measures price changes in 62 luxury items, rose 4.94 percent in June from a year earlier, 2.79 [...]
According to the study, 15.1 million households had Cable TV service in the period… were 319,500 new homes with cable TV in August/2012 [...]
Nearly 80% of new members of the middle class in Brazil are of African descent, according to research from the Strategic Affairs Secretariat (SAE) of the Presidency. The data was released on recently during a ceremony at Planalto Palace in Brasilia [...]
Millions of consumers entering the middle class in China will help to hold the pace of growth in global luxury spending at 10 percent annually for the next four years despite a slowing economy [...]
China’s private aviation market is on the verge of experiencing a sonic boom. Since 2008, the number of jets registered on the mainland has tripled to 137, and experts expect that digit to soar past 1,000 by the end of the decade [...]
WTO estimates that 100 million Chinese tourists will travel outside China by 2020; 4.6 million Chinese tourists are expected to visit Europe in 2012 [...]