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President Pedro Pablo Kuczynski Faces Criticism from Business Leaders as Economic Growth Stagnates
Posted by Kwinten Wouters on Dec 6, 2017 Leave a comment

President Pedro Pablo Kuczynski Faces Criticism from Business Leaders as Economic Growth Stagnates

On Cade Ejecutivos, Peru’s best-known business forum, a survey by Ipsos Peru showed a growing disapproval for president Kuczynski. Where last year at the same event he was still supported  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 »

Peru: Chinese imports devastate Lima’s garment district
Posted by Colin Post on Sep 20, 2016 1 comment

Peru: Chinese imports devastate Lima’s garment district

Alleged dumping of Chinese textiles into Peru threatens hundreds of thousands of jobs in Gamarra, Lima’s historic garment district. Over 200,000 jobs have been lost and another 400,000 are at  Full Article »

Peru changes bankruptcy law in bid to save historic La Oroya smelter
Posted by Colin Post on Aug 26, 2016 1 comment

Peru changes bankruptcy law in bid to save historic La Oroya smelter

Peru’s Congress has passed a bill that would extend the terms of liquidation for bankrupt companies in an effort o save the La Oroya smelter in Junin. The legislative session  Full Article »

Law may open foreign investment in Peru’s border regions
Posted by Colin Post on Aug 5, 2016 1 comment

Law may open foreign investment in Peru’s border regions

Legislators in Tacna and Tumbes are looking to attract hundreds of millions of dollars in investment by amending Peru’s Constitution to allow foreign capital into border regions. Article 71 of  Full Article »

Peru steelmaker closes plant, cites dumping from China
Posted by Colin Post on Jul 27, 2016 Leave a comment

Peru steelmaker closes plant, cites dumping from China

Peru steelmaker Aceros Arequipa announced it will close its plant in Arequipa due to its inability to compete with cheap steel imports from China. The company said in a statement  Full Article »

Domino’s Pizza returns to Peru after sanitation scandal
Posted by Jack Dylan Cole on Jul 19, 2016 1 comment

Domino’s Pizza returns to Peru after sanitation scandal

The American restaurant chain, Domino’s Pizza, is reopening stores in Peru one year after withdrawing from the market following a sanitation scandal. The pizza company suffered a reputational crisis in  Full Article »

Peru ad agency awarded for low-priced concrete campaign
Posted by Colin Post on Jun 3, 2016 1 comment

Peru ad agency awarded for low-priced concrete campaign

Cement company Unacem and the Carne ad agency won Peru’s 2016 Grand Effie advertising award for its Cemento Apu brand and campaign targeting low-income consumers. The Effie Awards held its  Full Article »

Peru mobile-payment system aims to expand access to finance
Posted by Colin Post on May 27, 2016 1 comment

Peru mobile-payment system aims to expand access to finance

Peru’s new digital wallet, Bim, has attracted almost 80,000 users in its first three months since launching in February. Bim does not require a bank account to sign up. Users  Full Article »

Stalled expansion risks Lima airport’s regional leadership
Posted by Colin Post on May 9, 2016 5 comments

Stalled expansion risks Lima airport’s regional leadership

The construction of a second runway delayed more than a decade threatens to relegate Lima’s airport to being one of South America’s secondary hubs. A contractual dispute between Peru’s government  Full Article »