AGP Executive Report
Last update: 21 minutes agoWorkweek Reform: Congress approved a 40-hour workweek, ending the six-day schedule while preserving pay and two days off. Economists warn the shift could raise labor costs by up to 20% for some employers and add to inflation. Pulp & Paper: Suzano says it may eventually combine its tissue business with Arbex, but is waiting for the joint venture to capture more gains as pulp faces oversupply. Energy: Petrobras is set to receive $859 million from partners in Santos Basin oil and gas fields. Industrial Exports: Eleven Brazilian machinery makers held 190 buyer meetings at Colombia’s FIB 2026, up 144% from the previous edition, with $2.35 million in projected business. Agribusiness: Brazil has opened 700 agricultural markets since 2023, strengthening export prospects as the country targets a leading role in global food supply.
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