November 18th, 2013 Peru’s Regional Exporters Association of Lambayeque (AREX) indicated the fruit and vegetable sector could benefit from a number of free trade agreements down the road. Especias turcas Trade policies in the works include agreements with Turkey, Indonesia and India. AREX coordinator, Paola Corvacho Valderrama, said the Turkish market shows promise due to...Read More
GESTION – 18, NOV 2013. – The retail chain considers that Peruvian market has a potential to increase its exports of tangelo, sweet onion, avocado and blueberry. The company is about to close deals with Peruvian local firms to stop using intermediaries. Last year the bought 185 mill boxes (1 mill from Peru). They are...Read More
GESTION – 18, NOV 2013. – The land value at Chinecas could exceed the ones at Olmos and Chavimochic. The Olmos project was sold at U.S. $ 3,500 per hectare and better soils up to U.S. $ 5,000, while at Chavimochic does not exceed $ 2,000. At Chinecas the base price will be of US$...Read More
THE NATIONAL – 10, NOV 2013. – The rise of the grain has been long in coming. Its homelands in Peru and Bolivia still account for about 90 per cent of global production. There, it is put to all sorts of uses – eaten as a breakfast cereal and as a leafy vegetable. Its flour...Read More
This guide for business and investment is a tool for foreign investors, providing key information on the country’s current economic situation and on the principle tax, legal and labor issues and on incorporating businesses in Peru, as well as general information on how to invest and do business in the country. [button open_new_tab=”true” color=”Accent-Color” size=”large”...Read More
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Moody’s Investors Service has upgraded the Government of Peru foreign- and local-currency long-term bond ratings to Baa2 from Baa3. The outlook remains positive. The upgrade reflects Peru’s reduced susceptibility to political event risk, continuing robust economic growth and sound fiscal performance, sustained improvement of government debt metrics, and lower exposure to foreign currency denominated debt....Read More
Peru’s dollar bond yields fell to a nine-month low while stocks and the currency gained after Standard & Poor’s raised the country’s foreign debt rating. The yield on the nation’s benchmark 6.55 percent dollar- denominated bond due 2037 fell nine basis points, or 0.09 percentage point, to 4.99 percent at 4:20 p.m. New York time....Read More
The outlook on Peru’s debt rating was raised to positive from stable by Standard & Poor’s as investment in mining, energy and infrastructure bolsters the Andean nation’s prospects for economic and export growth. Mining investment will sustain expansion even as community protests slow some projects, according to the ratings company, which a year ago raised...Read More
Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) and Country Ceiling for Peru as follows: Foreign currency IDR at ‘BBB’; Local currency IDR at ‘BBB+’; Foreign currency short-term IDR at ‘F2’; Country ceiling at ‘BBB+’. The Rating Outlook is Stable. Peru’s ratings are underpinned by its solid macroeconomic performance, the strength of its economic...Read More
