Business

Google picks Peruvian startup Latin Fintech for new accelerator program
Posted by Jess Rapp on Oct 6, 2017 Leave a comment

Google picks Peruvian startup Latin Fintech for new accelerator program

Google selects Latin Fintech, a Peruvian fintech startup, to be part of its new Campus Latam Exchange Founders program.

Peru invests in innovative technology for natural resources
Posted by Nic Waddell on Oct 2, 2017 Leave a comment

Peru invests in innovative technology for natural resources

The Peruvian Ministry of Production announces the start of the Reto Bio, a program that will look to make the most of the country’s natural resources and promote innovative projects  Full Article »

Two indigenous communities from different hemispheres have teamed up in the coffee business
Posted by Jess Rapp on Sep 28, 2017 Leave a comment

Two indigenous communities from different hemispheres have teamed up in the coffee business

An Inuit-run coffee company has teamed up with Indigenous farmers in Peru to support the preservation of indigenous culture in two opposites spheres of the world. The Kitikmeot Heritage Society  Full Article »

Peru’s fishing sector grows despite coastal El Niño
Posted by Erin Anderson on May 8, 2017 Leave a comment

Peru’s fishing sector grows despite coastal El Niño

Mass flooding caused by a coastal El Niño is unlikely to impact Peru’s fishing industry in 2017. The fishing sector reported 37% growth in March compared to last year in spite  Full Article »

Peru to reevaluate environmental laws over La Oroya smelter
Posted by Jack Dylan Cole on Apr 12, 2017 1 comment

Peru to reevaluate environmental laws over La Oroya smelter

Peru’s environment ministry has proposed modifying laws restricting sulfur dioxide emissions to attract buyers for a century-old poly-metallic smelter. The Doe Run owned smelter and neighboring Cobriza copper mine priced  Full Article »

Peru’s Corporacion Lindley expands c-store model throughout Lima
Posted by Erin Anderson on Apr 8, 2017 2 comments

Peru’s Corporacion Lindley expands c-store model throughout Lima

Corporacion Lindley, the family business which invented Inca Kola and now controls Coca-Cola distribution in Peru, is rapidly expanding stores of its modern convenience store chain, Tambo+. The chain of convenience stores  Full Article »

Peru’s state oil firm looks to grow amid industry chaos
Posted by Colin Post on Feb 7, 2017 1 comment

Peru’s state oil firm looks to grow amid industry chaos

Petroperu may issue bonds to finance the $3.5 billion Talara refinery upgrade as the state oil firm looks to expand operations after key structural changes. Reuters reports that Peru’s finance  Full Article »

Region threatens strike over Peru’s new Machu Picchu airport
Posted by Colin Post on Jan 31, 2017 1 comment

Region threatens strike over Peru’s new Machu Picchu airport

Residents in Peru’s southern state of Cusco have threatened protests which could affect Machu Picchu tourism over the government’s delay in starting construction of the Chinchero airport. Peru’s government under  Full Article »

Peru’s craft brewers face high barriers to compete with beer monopoly
Posted by Colin Post on Jan 26, 2017 Leave a comment

Peru’s craft brewers face high barriers to compete with beer monopoly

Peru’s microbreweries are fighting to change tax laws which put them at a disadvantage against the economies of scale of SABMiller’s local monopoly. The small but growing craft beer industry  Full Article »

Peru scraps Southern Gas Pipeline contract in Odebrecht fallout
Posted by Colin Post on Jan 23, 2017 2 comments

Peru scraps Southern Gas Pipeline contract in Odebrecht fallout

Peru’s finance ministry has cancelled the contract to build the Southern Gas Pipeline after the consortium to build it missed a key financing deadline. The Southern Gas Pipeline consortium which  Full Article »