Economy

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World Bank Doing Business Report 2019 - How Peru managed
Economy News SunflowerSunflower Updated December 30, 2018 1260   0   1   0   0  
The past year hasn’t been especially positive for doing business in Peru. According to the “Doing Business Report 2019” published by the World Bank, Peru lost 10 positions in the overall global Ease of Doing Business ranking and is now only positioned on rank 68 from 190 surveyed economies.
The Peruvian 5 centimos coin is withdrawn from circulation in January 2018; BCRP
Economy News SunflowerSunflower Updated December 30, 2018 1154   0   1   0   0  
The Peruvian Central Reserve Bank (BCRP) announced that from January 1, 2019 the distribution of the Peruvian 5 centimos coin will be stopped and the coin is withdrawn from circulations.
an increasing number of Peruvians is rich and extreme rich accumulating for most Peruvians incomprehensible wealth
Economy News SunflowerSunflower Updated October 28, 2018 733   0   1   0   0  
Over the past two decades Peru experienced an economic boom with impressive GDP growth rates, increases in average income and wealth as well as improvements in the overall infrastructure.
Port ranking by handled containerized cargo in Latin America and the Caribbean 2017; source: ECLAC, Maritime and Logistic Profile, June 2018
Economy News SunflowerSunflower Updated September 13, 2018 350   0   2   0   0  
Based on data obtained directly from port authorities and terminal operators, ECLAC, the Economic Commission for Latin America and the Caribbean, releases each year its Maritime and Logistics Profile which includes a ranking of 120 container ports in the region by handled cargo volume in containers.
Lima – the 4th riskiest city in Latin America
Economy News SunflowerSunflower Updated October 21, 2018 975   0   1   0   0  
According to the latest “Lloyd’s City Risk Index 2018”, compiled by the University of Cambridge and the British insurance and reinsurance market Lloyd’s of London, the Peruvian capital Lima is the 4th riskiest city in Latin America and positioned 39th on a global level.
Tax increase in Peru 2018
Economy News SunflowerSunflower Updated September 30, 2018 948   0   1   0   0  
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.
BrandZ Top 20 Most Valuable Peruvian Brands 2018; picture: mercadonegro.pe
Economy News SunflowerSunflower Updated April 30, 2018 956   0   1   0   0  
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.
Poverty rate in Peru 2006 to 2017; source: INEI
Economy News SunflowerSunflower Updated April 25, 2018 2569   0   1   0   0  
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.
From April 1, 2018 the new minimum wage in Peru is S/ 930
Economy News SunflowerSunflower Updated March 30, 2018 1303   0   1   0   0  
As his last official act before resigning from office last Wednesday former Peruvian President Pedro Pablo Kuczynski made good on one of his electoral promises and signed a supreme degree which increases the minimum wage in Peru.
Peru is the second largest silver producer in Latin America and the world and the top gold producer in Latin America and the 6th largest gold producer in the world
Economy News SunflowerSunflower Updated February 07, 2018 846   0   1   0   0  
According to the latest report from the Peruvian National Society of Mining, Oil and Energy (Sociedad Nacional de Minería, Petróleo y Energía – SNMPE) Peru was the largest gold producer in Latin America mining 151 metric tons of the precious metal in 2017.
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