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mayo 24, 2024

The new Lima Airport will be inaugurated in December 2024

At the end of 2023, the progress of the work was already over 60% and the new airport is expected to be inaugurated at the end of 2024. The completed…
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abril 10, 2023

Peru will mine more copper in 2023, lithium permits pending

Peru expects to produce 2.8 million tonnes of copper this year, a senior official said on Monday, representing an almost 15% jump from 2022, in a bright spot for the…
marzo 3, 2023

Peru copper mines rev back up to full power after protest hit, data show

Key copper mines in Peru are cranking up activity again after protests and blockades dented production, power data analyzed by Reuters showed, potentially boosting supply from the world's no. 2…

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febrero 28, 2023

Peru’s economy entered recovery stage in Feb 2023

Economy-Finance Minister Alex Contreras on Tuesday said that "Peru is back again," as there is international and local interest in the South American country. The Cabinet member pointed out that…
junio 27, 2022

South America’s new logistics hub is being built in Lima

Investments in mega-projects are currently driving Peru's economy and developing the Andean country's infrastructure on land, air and water. The new capacities and connections open up business opportunities: North of…
marzo 22, 2022

Peru: Gold, copper projects lead this year’s mining exploration portfolio

The Ministry of Energy and Mines (Minem) on Tuesday reported that, according to the 2022 Portfolio of Mining Exploration Projects, there are 23 gold projects nationwide —thus ranking first in…
octubre 6, 2021

Peru’s president reshuffles cabinet in shift towards centre

Pedro Castillo makes seven changes and ousts Marxist prime minister after taking office at the end of July Peru’s leftwing president Pedro Castillo announced a significant cabinet reshuffle on Wednesday,…
abril 30, 2021

Peru’s Fin Min: Economy to grow 10% in 2021, highest rate since 1994

The Ministry of Economy and Finance (MEF) on Friday presented the 2021-2024 Update Report on Macroeconomic Projections, which maintains the main forecasts for economic indicators, due to the fact that…
marzo 24, 2021

Moody’s improves outlook for Peruvian banking system

Moody's Investors Service on Wednesday announced that it has changed its outlook on the Peru and Brazil banking systems to stable from negative. This change comes in light of an…
septiembre 17, 2020

Peru’s strong economic rebound will support recovery of hard-hit sectors during 2021

Corporate credit quality will recover gradually in Peru in 2021 as pent-up demand revives activity following the short but big economic hit from the coronavirus pandemic in mid-2020. In a…
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julio 1, 2020

Peru looks to restart economy after months- long lockdown

LIMA (Reuters) - Peru entered the final stage of its economic reopening on Wednesday...
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junio 26, 2020

IMF: Peruvian economy expected to recover gradually, reach 6.5% growth in 2021

With the lockdown restrictions lifted in the second semester, Peru's economic activity...
mayo 29, 2020

S/ 1,177 million to restart implementation of 48 road projects.

Within the economic reactivation plan proposed by the Peruvian government after the...
marzo 29, 2020

Peru Tackles Virus With Region’s Biggest Stimulus

The government is putting together a package of economic measures totaling 90 billion...