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Illegal mining renders vast areas uninhabitable in Lima outskirts
Posted by Colin Post on May 27, 2016 1 comment

Illegal mining renders vast areas uninhabitable in Lima outskirts

Illegal miners of construction materials create sprawling quarries which render vast expanses of land uninhabitable outside Lima. An El Comercio investigation reveals that a combined 660 square miles in various  Full Article »

Peru to allow retirees to dissolve private pension accounts
Posted by Colin Post on Dec 4, 2015 Leave a comment

Peru to allow retirees to dissolve private pension accounts

Peru’s Congress approved a law which would allow private pension account holders to withdraw over 95% of their savings upon retirement. The new law will allow contributors enrolled in Peru’s  Full Article »

Police arrest 36 thugs hired to thwart eviction in Lima
Posted by Colin Post on Nov 24, 2015 Leave a comment

Police arrest 36 thugs hired to thwart eviction in Lima

Thirty-six hired thugs staged a standoff against Lima police in an effort to prevent the taking possession of a Miraflores hotel. The gang entrenched themselves in the Ferre Colonial hotel  Full Article »

Peru enacts real estate laws to drive construction sector
Posted by Colin Post on Nov 6, 2015 Leave a comment

Peru enacts real estate laws to drive construction sector

Peru enacted a law this week which widens home rental and mortgage options in an effort to stimulate its slowing construction industry. Peru’s “Home Rental Promotion Law” specifies three new  Full Article »

Construction begins on 18-story hotel in Lima seaside cliff
Posted by Colin Post on Oct 12, 2015 Leave a comment

Construction begins on 18-story hotel in Lima seaside cliff

The Graña y Montero firm has begun construction of a five-star, 18-story hotel in the seaside cliff of Lima’s Costa Verde underneath the Larcomar shopping mall. The $90 million hotel  Full Article »

Peru enacts laws to combat construction industry extortion
Posted by Colin Post on Aug 20, 2015 Leave a comment

Peru enacts laws to combat construction industry extortion

Peru’s government enacted by decree a group of laws intended to combat increasingly powerful extortion gangs in the national construction industry. On Sunday President Ollanta Humala’s government enacted  legislation targeting  Full Article »

Lima police launch ‘mega-operations’ to battle rising crime
Posted by Colin Post on Aug 3, 2015 Leave a comment

Lima police launch ‘mega-operations’ to battle rising crime

Thousands of police descended on high-crime neighborhoods in Lima over the weekend in raids aimed at dismantling extortion and drug gangs. After President Ollanta Humala announced new security measures in  Full Article »

Summary: Humala’s 2015 Message to the Nation
Posted by Colin Post on Jul 30, 2015 1 comment

Summary: Humala’s 2015 Message to the Nation

A summary of the key points in President Ollanta Humala’s final Message to the Nation speech delivered on Tuesday. Humala delivered the last Independence Day address of his term from congress  Full Article »

Peru enacts rent-to-own bill to drive real estate growth
Posted by Colin Post on Jul 17, 2015 1 comment

Peru enacts rent-to-own bill to drive real estate growth

President Ollanta Humala sign into law today a bill designed to increase demand in Peru’s slowing real estate and construction sectors. According to reports from May when the law was first  Full Article »

Congress approves 90-day decree powers for Humala’s government
Posted by Colin Post on Jun 19, 2015 Leave a comment

Congress approves 90-day decree powers for Humala’s government

Last night Peru’s congress voted to give President Ollanta Humala special powers to rule by decree in matters of the economy and crime for 90 days. In a special session  Full Article »