Shopping & Souvenirs
So here’s the insider info on shopping in Sao Paulo: This city offers a pretty extensive and dynamic array of choices when it comes to shopping, from high end boutique stores to small, local craft shops. If you are looking for the high end shopping destinations, Avenida Paulista has some very expensive retailers. Near the avenue is the Jardins area, very well known for its high end...
Pros & Cons of Outsourcing to Brazil →
Came across this article, it’s really focused on the IT industry but after reading through it, you could definitely apply it to other business areas. It offers great insight on the business culture.
What Makes Brazil An Attractive Outsource Hub?
In one of my previous posts, I mentioned how Brazil is an economy that was high in resources and manufacturing. Another aspect about Brazil is that over the past decade, its universities has been churning out quality professionals in science and technology. With 8 out of 10 of the country’s top science and engineering schools located in Rio de Janeiro, producing 14,000 Ph.D graduates a year,...
Source: Google Images Football (or soccer as we Americans call it) is one of the most exciting aspects of Brazilian culture, being immersed in the game is an exhilarating feeling. From the city streets to the game on television, football is always a good topic anytime anywhere. However, with over 400 clubs in the country, the Brazilian football league system can be quite confusing to grasp....
3 Tips Americans Should Know Before Doing Business...
Alright, haven’t posted for awhile. Been working and crazy busy. But after a few business dinners, chatting about random stuff, football being the most popular subject, I’ve noticed 3 things I want to share about conducting business in Brazil, or at least in Sao Paulo. 1. It’s the Brazil Way, not the American Way! We all know Brazil is an emerging country, however business...
Brazil and other BRIC Nations stepping up to... →
I haven’t posted for such a long time, been so busy over here but I had a debate with my friend back in the States on how Brazil is going to be a global player. He disagrees but I believe this article pretty much proves my point. Brazil is going to allocate $350 billion dollars in foreign reserves for the Eurozone financial crisis, enough said!
It’s been a week since I’ve set foot in Sao Paulo and I want to point the surprisingly pleasant manners that Brazilians have. First off, greetings such as hellos, goodbyes, and good afternoon (Oi, Tchau, and Boa Tarde respectively) are very commonly heard, even among complete strangers. For example, at my apartment complex, every time I step into an elevator with someone already...
Rio or Sao Paulo for Business? →
This article has some interesting points. Since I’m currently in Sao Paulo and to be honest, it really depends on what type of business you’re in. If you are pursuing something within the financial industry, then Sao Paulo is where you need to be. Paulista Avenue is a huge financial hub. But as the article mentions, Rio’s is for you if you’re interested in tourism, energy,...
Brazil May Be The Country Of The Future →
Dr. Mary Gershwin wrote a great article on how we shouldn’t ignore Brazil as a strong economic contender. Brazil is already a leader in Latin America and may well be a global leader in the next 10-20 years.
One’s destination is never a place, but a new way of seeing things.– Henry Miller
Last Tuesday, Aug. 9th, a local Brazilian financial newspaper reported Wal-Mart Stores, Inc (NYSE: WMT) is in talks to acquire the Brazilian unit of French retailer Carrefour (CA.FR). Now the details of the deal, such as the price of acquisition, haven’t been provided yet, but sources say Wal-Mart has brought in UBS (NYSE: UBS) for the talks. Now what does this really mean? Brazil is...
CIA World Factbook →
Awesome resource if you want a concise and general overview of Brazil rather than Googling through amounts of data and facts. Wikipedia works but it takes time to read through all that literature. CIA World Factbook has updated information on pretty much any country, as well as a wealth of facts and figures.
3rd Largest PC Market
With reports of the PC market underperforming due to over-saturation and intense competition, many firms are considering looking elsewhere to boost revenues and profits. And that place is Brazil, now considered as the 3rd Largest PC Market in the world, following the US (#1) and China (#2). Investors and financial analysts are concerned about the slowing market for PCs, putting some blame on...
What is BRIC?
No, it’s not a typo for construction-building materials…that would be brick. BRIC is an acronym for the economies of Brazil, Russia, India, and China. According to Investopedia.com, Goldman Sachs first used the term BRIC in a report from 2003, stating that these four emerging countries will have wealthier economies than most of the current major economic powers by 2050. When using...