Tag: Peru

• Thursday, November 18th 2010 - 19:53 UTC

  Latinamerica “business climate” steady and in “cautious boom” phase

  

  Chile, Peru and Uruguay rank as the countries with the best business climate according to a report from the Brazilian foundation Getulio Vargas, FGV. The October report released this week ranks Chile with 7.5 points; Peru, 7.1; Uruguay, 7; Brazil, 6.8; Colombia, 6.8; Paraguay, 6.5; Argentina, 5.9 and Bolivia, 5.6.

• Friday, November 12th 2010 - 13:44 UTC

  Peruvian economy steaming ahead at 8%; top of the list in the region for business

  

  Finance Minister Ismael Benavides said Peru's economy should grow between 8% and 8.5% this year, with inflation ending the year from 2.2% to 2.5%. The Peruvian Central Bank latest forecast was annual growth of 7.5% to 8%.

• Wednesday, November 10th 2010 - 05:57 UTC

  Latin America’s second largest bourse by market value is launched in Peru

  

  The main securities exchanges in Chile, Colombia and Peru plan to begin trialling cross-border stock trading in an arrangement that may lead to the creation of Latin America’s second-largest bourse by market value.

• Saturday, November 6th 2010 - 07:43 UTC

  After 15 years U.S. supporter of Peruvian terrorist group free on parole

  

  US citizen Lori Berenson who is serving a 20- year prison sentence in Peru for aiding Marxist rebels, was granted parole for a second time. Berenson is entitled to parole as she has served more than three quarters of her 20-year sentence for helping plan an attack on Peru’s Congress, Judge Jessica Leon ruled.

• Friday, November 5th 2010 - 23:50 UTC

  Colombia, Chile and Peru launch integrated stock markets November 22

  

  Colombia approved Friday the integration of the Colombian stock exchange with those of Chile and Peru opening the way for the start of joint operations next November 22.

• Saturday, October 30th 2010 - 18:57 UTC

  Peru proposes South American Pacific countries free movement zone

  

  Peruvian President Alan Garcia is proposing to Chilean President Sebastian Piñera a zone for free movement of goods, people and capital, a zone that would include Colombia, Panama, Ecuador, Peru and Chile.

• Sunday, October 24th 2010 - 02:03 UTC

  Bolivia plans to buys vessels to operate from its Ilo port facilities

  

  Bolivian president Evo Morales is considering the purchase of naval vessels to operate from the port of Ilo on the South Pacific coast helping the country to develop for the first time in 130 years its maritime resources.

• Tuesday, October 5th 2010 - 20:50 UTC

  A third of Peruvians have opted for a moderate, female mayor

  

  A moderate leftist who gained renown as a human rights advocate consolidated what remained a narrow lead (0.81%) Tuesday over her pro-business rival. Whoever wins, Lima will have its first elected female mayor ever.

• Thursday, September 9th 2010 - 23:08 UTC

  India increasing trade and investment links with Peru

  

  Following closely on the steps of China but with lesser exposure India is increasing trade, investment and business links with Latin America, the latest of which a Bussiness seminar in Lima, Peru.

• Friday, August 27th 2010 - 08:02 UTC

  Peru combats the inflow of capital raising banks’ reserve requirements

  

  Peru’s central bank will raise the reserve requirement for foreign banks depositing local currency in the domestic banking system after the Sol rose to a two- year high.