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Sliding property prices is a reflection of slowing business activity in the city. Brazil is facing its third successive year of economic turmoil, with inflation skyrocketing and unemployment hovering above 10%
Besides its own programs, the government is also funding several tertiary education programs designed to teach information technology, and urging universities to enroll as many number of students as they can in technology education.
The company attributed the growth to the growing demand for digital services, but its delivery centers in strategic locations and its attraction rate for customers in diversified sectors could also be contributing factors.