News in and from Peru

After just two months in office, Peruvian Minister of Finance and Economy, David Tuesta, resigned due to protests against the latest tax increases and discrepancies with Peruvian President Martin Vizcarra.

Secretary-General Angel Gurria of the Organization for Economic Co-Operation and Development (OECD) and Peruvian Finance and Economy Minister David Tuesta met yesterday in Paris during a festive ceremony where they signed two major OECD Convention: the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (Anti-Bribery Convention) and the multilateral Convention on Mutual Administrative Assistance in...

Almost unnoticed by the public that seems to suffer from a severe outbreak of soccer fever due to Peru’s participation in the World Cup in Russia, last week the Peruvian government presented a new law in which excise taxes on sodas, alcoholic beverages, cigarettes, fuels and new cars powered by diesel or gasoline are significantly raised.

For the first time in its exciting history, the Dakar Rally 2019 will take place in only one country: Peru!

Just two years ago the visa requirements for Peruvians wanting to travel to the European Schengen area were officially waived, allowing citizens of Peru to enter the EU with just a passport and to stay for up to 90 days in any 180-day period visa-free.

Kantar Millward Brown, a multinational market research company focused on advertising effectiveness, strategic communication, media and brand equity research, published the results of the 2018 Most Valuable Peruvian Brands ranking.

After last year’s debacle when Mistura was moved from its traditional location at the Costa Verde to a new venue in Rimac and postponed over two months just weeks before Peru’s largest food fair was supposed to start, it seems that this year everything returns to normal.

Reporters without Borders just recently published the latest World Press Freedom Index 2018; and Peru occupies with position 88 of 180 listed countries a middle ranking globally and with position 6 out of 12 countries as well in South America.

Yesterday INEI, the Peruvian Institute of Statistics, published the results of the “Encuesta Nacional de Hogares” (National Household Study - Enaho); and the results are shocking. For the first time in over a decade poverty in Peru is on the increase again.

For the second consecutive month Viva Air Peru, the country’s first low-cost airline which started operation in 2017, could rank top in the Latin America and Caribbean Punctuality Report of airlines operating in Peru in March 2018.