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Economy News Sunflower December 27, 2016 755 0 1 0 0
Yesterday Peru’s President Pedro Pablo Kuczynski (PPK) took stock of his first five months in office and announced some important economic undertakings planned for 2017. The 77-year old Head of State promised as well to make good on his electoral promises.
Economy News Sunflower November 28, 2016 1065 0 1 0 0
During his first speech as Peruvian president four month ago, Pedro Pablo Kuczynski (PPK) announced that he “wants a social revolution for his country”. But the big questions is what actually includes a social revolution and how can it be achieved? The goals of the Peruvian government were drawn up in accordance with the “Plan Bicentenario” published by the...
Economy News Sunflower November 27, 2016 452 0 1 0 0
Already in July 2016 the Peruvian steelmaker Acero Arequipa temporarily closed its production plant in Arequipa suspending 120 workers due to not being able to compete with cheap Chinese imports. The plan was to reopen the plant as soon the market climate and economic conditions improve. Now however the company decided to suspend production in Arequipa permanently as the...
Economy News Sunflower November 24, 2016 457 0 1 0 0
Actually, it’s hard to imagine with having such deep trade relations; but according to Peruvian authorities yesterday the first direct cargo flight ever from Peru to China landed safely on the Shanghai Pudong International Airport. On its 18.000 km journey from Lima’s Jorge Chavez Airport in Callao to China the Boeing 777 registered with China Eastern Airlines was laden...
Economy News Sunflower November 09, 2016 496 0 1 0 0
For months political and economic news about Peru are full of the APEC Peru 2016. But what exactly is the APEC? What does it do? And how does it affect us? We from Peru Telegraph introduce you to the Asia-Pacific Economic Cooperation Summit and explain the most important facts.
Economy News Sunflower October 24, 2016 282 0 1 0 0
Thanks to uninterrupted growth and a stable inflation rate for over 6 years as well as an incredible increase in the pro capita income over the past years Peru is considered the leading emerging market in Latin America; and economist attest the Andean country even more potential. According to the World Bank, Peru will continue to have a leading...
Economy News TinTin October 19, 2016 662 0 2 0 1
The Central Reserve Bank of Peru (BCRP) announced that from 00:00 hours on October the 19th this coin with slight design changes and new security features will be available to the public.
Economy News TinTin October 17, 2016 421 0 1 0 0
The money changers that continue working on the streets of San Isidro today will be notified and urged by the police and a prosecutor to leave public areas.
Economy News TinTin September 30, 2016 691 0 1 0 0
The analysis of José Carlos Saavedra (specialist for macroeconomic analysis), indicated that only 1 out of 10 people have access to a formal employment in Peru. The full analysis of José Carlos Saavedra will be presented to the congress on the 6th and 7th of October.
Economy News Sunflower September 21, 2016 1082 0 1 0 0
For over a decade the Peruvian economy is booming producing impressive growth rates. But even though growth rates declined over the past years due to a decelerating world economy, and here for Peru especially important the slowdown in China, Peru’s top trade partner, declining metal prices and weaker domestic demand, the country still has one of the highest GDP...