Economy

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Negotiations on a free trade agreement between Peru and Australia on the way
Economy News SunflowerSunflower Updated May 23, 2017 1017   0   1   0   0  
After attending the APEC’s (Asia-Pacific Economic Cooperation) Ministers Responsible for Trade Meeting, held last weekend in Hanoi, Vietnam, Peruvian Foreign Trade and Tourism Minister Eduardo Ferreyros headed to Australia to continue working on eliminating trade barriers and facilitating international trade.
Peruvians abroad sent more money back home
Economy News SunflowerSunflower Updated May 23, 2017 1178   0   1   0   0  
In the first quarter of 2017, Peruvians living abroad send a total of US$706 million to relatives in Peru, an increase of 5.1% from the same period in 2016.
Dollarization in Peru in % from 2003 to 2017; source: BCRP
Economy News SunflowerSunflower Updated May 23, 2017 943   0   1   0   0  
Years of an unstable economy, unpredictable financial policies and high- and hyper-inflation rates in the 20th century taught Peruvians not to trust their currency. Those who had the means substituted their savings in local currency for Dollar holdings.
How much money do people earn in Peru in sales?
Economy News SunflowerSunflower Updated April 29, 2017 2204   0   1   0   0  
The latest edition of Aptitus, one of the biggest print and online job markets in Peru, shows a quite interesting list of how much money people earn in the different positions dedicated to sales in large Peruvian companies.
According to Peruvian president Pedro Pablo Kuczynski (PPK) the costs for rebuilding the country after the devastating rains, floods and landslides will accumulate to about US$ 9 billion; photo: Andina
Economy News SunflowerSunflower Updated April 29, 2017 1459   0   1   0   0  
Over the past week politicians, local and international experts and many more speculated about how much it will cost to rebuilt Peru after the devastating destruction rains, floods and landslides caused across the country.
Fresh fruits and veggies from Peru are available in over 80 countries around the globe
Economy News SunflowerSunflower Updated April 29, 2017 839   0   1   0   0  
While for centuries Peruvian exports were mainly based on the mining and fishmeal industry, over the past 20 years Peru’s agricultural products increasingly gained popularity around the globe.
A Peruvian delegation is in India to start negotiations for a free trade agreement between India and Peru
Economy News SunflowerSunflower Updated April 29, 2017 812   0   1   0   0  
On his visit to the US a few weeks ago, President Pedro Pablo Kuczynski summarized Peru’s policies regarding the dealing and cooperation with other countries quite nicely: he prefers bridges to walls.
Peru is expected to attract over 4 million foreign visitors in 2017
Economy News SunflowerSunflower Updated April 29, 2017 1777   0   1   0   0  
According to the Peruvian Ministry of Foreign Trade and Tourism (Mincetur) Peru will attract more than 4 million foreign visitors this year, even surpassing the 2016 record of 3.75 million tourists.
The Top 20 most valuable Peruvian brands 2017; picture compiled by TE Media
Economy News SunflowerSunflower Updated October 05, 2018 2473   0   1   0   0  
While expats and the rich and beautiful increasingly opt for international brands, the average Peruvian still prefers to use and buy local.
Alibaba’s logistic company Cainiao signs agreement with Correos del Peru
Economy News SunflowerSunflower Updated April 29, 2017 1413   0   1   0   0  
Cainiao, the logistics company launched by Chinese e-commerce giant Alibaba in 2013, has signed a memorandum with Correos del Peru to create the largest logistic network in South America.
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