Economy

Peru continues to make its mark with avocado exports
Posted by Michael Krumholtz on Jun 8, 2018 Leave a comment

Peru continues to make its mark with avocado exports

  Avocado is one of the most important agricultural exports in Peru, as evidenced by recent figures that show the Andean country is 2nd only to Mexico in worldwide exports  Full Article »

Peru’s finance minister resigns amid concerns of fuel tax increases
Posted by Michael Krumholtz on Jun 5, 2018 Leave a comment

Peru’s finance minister resigns amid concerns of fuel tax increases

  Peru’s Economic and Finance Minister David Tuesta resigned Monday on the eve of a planned protest from truck drivers concerned about rising rates of fuels from taxes. President Martín  Full Article »

Peru’s minimum wage hike proposal good news for workers but could harm startups
Posted by Navanwita Bora Sachdev on Apr 27, 2018 Leave a comment

Peru’s minimum wage hike proposal good news for workers but could harm startups

  On the eve of resigning abruptly last month, Peru’s former president Pedro Pablo Kuczynski announced that he had requested an evaluation of the minimum wage. The majority of Peruvians  Full Article »

Peru poverty rate rises for first time in nearly two decades
Posted by Michael Krumholtz on Apr 25, 2018 Leave a comment

Peru poverty rate rises for first time in nearly two decades

  Just days after the Peruvian government announced abnormally high unemployment rates in Lima, they released more grim trends occurring in the country’s economy. According to Peru’s National Statistics Institute (INEI),  Full Article »

Peru mining investments to reach $20 billion in next four years
Posted by Michael Krumholtz on Apr 24, 2018 Leave a comment

Peru mining investments to reach $20 billion in next four years

  Peru should continue to put itself on the map as one of the mining capitals of the world. Peru’s Ministry of Mines and Energy (MEM) estimated Monday that it  Full Article »

Unemployment in Lima reaches highest rate in seven years
Posted by Michael Krumholtz on Apr 19, 2018 Leave a comment

Unemployment in Lima reaches highest rate in seven years

  Finding available jobs in Peru’s capital continues to be a tricky matter, as 8.1 percent of people in Lima are currently without employment per the latest figures from the  Full Article »

Report: U.S. expresses interest in getting back into Trans-Pacific Partnership
Posted by Michael Krumholtz on Apr 18, 2018 2 comments

Report: U.S. expresses interest in getting back into Trans-Pacific Partnership

  President Martín Vizcarra has claimed that U.S. leaders want back in on the Trans-Pacific Partnership (TPP) a little more than a year after backing out of the trade agreement.  Full Article »

Peru’s tourism officials expect big economic boost from Holy Week crowds
Posted by Michael Krumholtz on Mar 26, 2018 Leave a comment

Peru’s tourism officials expect big economic boost from Holy Week crowds

  All over the Spanish-speaking world the celebration of Holy Week, or Semana Santa, means traffic in the city centers has eased up as locals head to the coasts and  Full Article »

Startups in Peru continue to make their mark on digital marketplace
Posted by Michael Krumholtz on Feb 13, 2018 Leave a comment

Startups in Peru continue to make their mark on digital marketplace

Peruvian startups set a record for sales in 2017 as the industry continues to be a boon following a push in the right direction from the government. Peru’s Ministry of  Full Article »

Posted by Kwinten Wouters on Jan 19, 2018 1 comment

Building houses from rubble

Saying that Peru is a country highly vulnerable to natural disasters is an understatement. Just this Sunday, an earthquake of magnitude 6.8 hit the Arequipa region, leaving 2 dead, many  Full Article »