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12 results for “construction”
Brazil President Lula Sanctions Compromise Bill, Phasing Out Payroll Tax Relief for 17 Key Sectors
President Lula signed Law No. 14,973/2024, ending a fiscal standoff and confirming a gradual four-year re-taxation of the payroll for sectors like construction and IT.
Brazil’s Central Bank Rate Cut Spurs Rotation Toward Domestic-Facing Stocks
The fifth consecutive cut to Brazil’s benchmark Selic interest rate, now at 13.75%, is driving a rotation of capital out of fixed income and into equity sectors sensitive to lower credit costs, such as retail and civil construction.
Brazil’s Central Bank Cuts Selic Rate to 13.75%, Boosting Retail and Construction Prospects
Brazil’s central bank, Copom, cut the benchmark Selic interest rate by 0.25 percentage points to 13.75% per annum, a move expected to stimulate the highly rate-sensitive retail and civil construction sectors.
Brazil’s FGTS Council Frees R$4.5 Billion in Infrastructure Funds for Sanitation Projects
Brazil's powerful FGTS Curatorial Council approved the redemption of R$4.5 billion from its infrastructure fund to finance stalled sanitation and water works.
Lula’s 2026 Platform Signals Shift to Economic Nationalism, Prioritizing ‘Sovereignty’ and State-Led Development
President Lula's new political blueprint for Brazil emphasizes state control and reduced foreign influence, replacing his 'reconstruction' narrative.
Low-Income Housing Giant Plano&Plano Posts R$ 67.3 Million Profit, Signaling Health of Brazil’s Minha Casa Minha Vida Segment
Brazilian construction firm Plano&Plano reported a net profit of R$ 67.3 million for 2Q26, driven by revenue from federal low-income housing programs.
Brazilian Yield Hunt Turns to Industrial Small-Caps, Offering Double-Digit Payouts
A hunt for high dividend yields in Brazil is shifting from traditional state-owned banks and commodity firms to smaller industrial and construction companies.
Direcional Earnings to Test Low-Income Housing Sector Strength Amid Selic Rate Easing
Direcional Engenharia (DIRR3) 2Q26 results will offer a key read-through on interest rate sensitivity and the revived Minha Casa Minha Vida program for Brazil's construction small caps.
MRV Slashes Consolidated Net Debt by 7.5% After Finalizing US$139M Resia Asset Sale
Brazilian homebuilder MRV&CO (MRVE3) completed the sale of two US assets, cutting debt by US$87 million in its deleveraging push.
Brazil Police Probe Construction Fraud in Alagoas State
Brazil's Federal Police launched Operation Delivery to investigate school construction fraud, highlighting governance risks for investors in B3 stocks.
Brazil PF Operation Targets R$1.3M Public Works Corruption
Federal Police launch Operation Delivery in Alagoas, freezing R$1.3M in assets over municipal construction kickbacks, signaling regional governance risks.
ZAGH11 FII Recycles R$ 1.1M Portfolio for 10%+ Yield
Hybrid real estate fund ZAGH11 executed a R$ 1.1 million asset sale and resumed construction on its Groenlândia 910 project to support double-digit yields.