Economy

Peruvian Airlines and LC Peru team up with Copa Airlines
Posted by Daniel Sanchez on Oct 5, 2017 Leave a comment

Peruvian Airlines and LC Peru team up with Copa Airlines

Copa Airlines has signed a codeshare agreement with Peruvian Airlines and LC Peru to offer lower fares and better domestic connections for international flights.

Natural gas production comes to off-the-grid regions
Posted by Daniel Sanchez on Oct 4, 2017 2 comments

Natural gas production comes to off-the-grid regions

Peru’s first small-scale liquefied natural gas (ssLNG) facility is about to open, which will provide a new energy production alternative that could revitalize industry in remote areas of the country.

Peru becomes leading copper mining country
Posted by Daniel Sanchez on Sep 28, 2017 Leave a comment

Peru becomes leading copper mining country

Peru plans to maximize its raw copper output to three million tonnes by 2021, as it has the nation has become China’s number one supplier for the precious metal. In  Full Article »

Real estate data reveals best districts to buy property in Lima
Posted by Daniel Sanchez on Sep 28, 2017 Leave a comment

Real estate data reveals best districts to buy property in Lima

Reports from real state companies have revealed in-depth information on the current state of the Lima housing market in 2017. The National Association of Real Estate Companies of Peru (ASEI)  Full Article »

Agriculture in Peru resilient after 2017 El Niño Costero phenomenon
Posted by Daniel Sanchez on Sep 25, 2017 Leave a comment

Agriculture in Peru resilient after 2017 El Niño Costero phenomenon

Peru was the country most deeply affected by the El Niño Costero phenomenon that spanned between 2016 and 2017 and led to extensive flooding along the Pacific coast of South  Full Article »

Delays for Lima Metro Line 2 postpone opening date to 2022
Posted by Daniel Sanchez on Sep 20, 2017 Leave a comment

Delays for Lima Metro Line 2 postpone opening date to 2022

The Line 2 of the Lima Metro has been experiencing a series of setbacks leading to a two-year delay in its opening date, now scheduled for 2022.

Peruvian economy showing signs of recovery with 2.4% growth in Q2 of 2017
Posted by Zac Laval on Sep 15, 2017 Leave a comment

Peruvian economy showing signs of recovery with 2.4% growth in Q2 of 2017

According to a new report by the Instituto Nacional de Estadística e Informática (INEI), the Peruvian government’s statistical agency, the country experienced a 2.4% growth in the second quarter of  Full Article »

Upgrade of Peru stocks eliminates risk of losing ‘emerging market’ status
Posted by Erin Anderson on May 18, 2017 Leave a comment

Upgrade of Peru stocks eliminates risk of losing ‘emerging market’ status

Leading index-provider MSCI’s incorporation of two Peruvian companies’ stock into its small-cap index has eliminated the pending risk of reclassifying Peru as a “frontier market.” Shares of Volcan mining company and Graña &  Full Article »

Peru’s trade agreement with Honduras takes effect in 2017
Posted by Colin Post on Dec 30, 2016 Leave a comment

Peru’s trade agreement with Honduras takes effect in 2017

The free-trade agreement between Peru and Honduras will take effect on Jan. 1, 2017. The agreement which takes effect on Monday will eliminate Honduran taxes on 84% of Peru’s exports  Full Article »

Peru president lends loud voice in defending free trade
Posted by Colin Post on Nov 21, 2016 1 comment

Peru president lends loud voice in defending free trade

The Asia-Pacific Economic Cooperation (APEC) concluded its annual summit in Lima last week by declaring its commitment to free trade amid a wave of populism. Peru President Pedro Pablo Kuczynski  Full Article »