Carnaval Biz: It Brings Close to US$ 500,000 to Rio, Brazil

The Rio de Janeiro Carnaval celebration, in Brazil, is certainly spectacular. It is also quite sensational from an economic perspective.

It is estimated that no less than US$ 463 million in business is generated by Carnaval, while 300,000 people have jobs connected with the effort to make Carnaval celebrations spectacular and successful.

The Small Business Administration of Rio de Janeiro (Serviço de Apoio à Micro e Pequena Empresa do Rio de Janeiro) (Sebrae-RJ) ran a survey on the Carnaval productive chain and found that the event generates enormous demand for the goods and services of a broad gamut of small businesses.

"We are going to work on government projects and policies that focus on developing this sector. We can increase business and generate even more jobs and income," says Sergio Malta, the president of Sebrae-RJ.

ABr

Tags:

Ads

You May Also Like

Despite Bad Infrastructure Brazil Expects 17% Growth in Tourism This Year

Brazil's tourism sector should continue growing in 2008, according to businessmen and executives in ...

OAS Meeting Debates Brazil’s Use of Internet in Government

At the 36th General Assembly of the Organization of American States (OAS), in the ...

In Brazil, Left Gives a Show on How to Lose Power

With minds concentrated firmly on the race for the Oval office this weekend (though ...

Brazil Praises Chile for Opposing Iraq War

During a speech, in Santiago, President Luiz Inácio Lula da Silva showered effusive praise ...

Contradicting Experts Brazilian Jobless Reach 10.7%. Worst in 15 months

Brazil’s unemployment rate for July, 10.7%, is the highest one in 15 months, according ...

Amid Recriminations Among Members Brazil Convenes Mercosur Council

Brazilian capital BrasÀ­lia will host this Monday, October 27, the Mercosur Council, which is ...

100 Countries Gather in Brazil to Discuss Corruption

The combat of corruption and money laundering, and the incentive of agreements for international ...

Brazil Stocks Plunge on Concerns About US Inflation

Brazilian and other Latin American stocks retreated, in line with the U.S. market, as ...

Brazilian restaurant

Living in Brazil Has Become Cheaper for Foreigners

Brazil's São Paulo and Rio de Janeiro have dropped significantly in the ranking of ...

Thanks God for Washing Machines

I have a deep and abiding interest in how people behave and its relation ...