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Peru is likely to post the second highest GDP growth rate in 2014 and 2015 in the world after China, according to the latest report of the Latin Focus Consensus Forecast, a major source of global economic analysis. |
 Private fixed investment in Peru grew by 3.9 percent in 2013, after recording a 0.5 percent increase in December last year, thus reflecting an important dynamism in the country's economy, the Central Reserve Bank (BCR) reported Saturday.
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 The flow of private capital in Peru hit a record high of US$ 15,53 billion last year, representing 7.5 percent of the country's GDP in 2013, according to the latest report carried out by the Central Reserve Bank (BCR)
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 Peruvian companies are looking to expand their global reach by exporting to countries with growing economies, including Russia. Nancy Arreluc�, an analyst with Peruvian export organization ADEX, told Gestion that "Russia is an economy that depends on petroleum exports. In this sense, thanks to rising [petroleum] prices, its economy has shown a growth rate of around 3%. The IMF and the OECD have estimated that in 2014, the [Russian] economy will continue to grow between 3.4% and 3.6%."
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 The Peruvian apparel sector is likely to recover during 2014 owing to the expected rise in demand from the US, said Pedro Gamio, chairman of the Apparel Committe of Exporters Association of Peru (ADEX).
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 Korea Airports Corp. (KAC) President and CEO Kim Seok-ki said Thursday that the state company was seeking to build airports in Peru and Vietnam to obtain new revenue sources from overseas.
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I find Top 10 News Peru very interesting at many levels. It keeps me current with the country where my mother and brothers and sister and many other relatives still live, and it keeps me very well informed about doing business with Peru which is extremely useful and a wonderful advantage. Keep up the good work.
Marcela Carlin
GOYA FOODS, INC.
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Airports in Lima, Arequipa, Cusco, Juliaca, and Madre de Dios have been equipped with special machines that will help staff detect illegally mined gold.
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Sixteen Peruvian small and medium-sized enterprises (SMEs) which participated in last edition of Biofach organic food fair would close business deals worth over $ 20 million in the next twelve months, reported the Peruvian Export and Tourism Promotion Agency (Promperu).
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Deep in the Andes mountains of Peru, more than 4,700m above sea level, a colourful procession winds along a rocky path sending the area's wild inhabitants streaking for cover. One of the world's most fascinating festivals, Peru's Q'oyllur Rit'i or 'Star Snow' takes place each May in the Sinakara Valley and, according to local Catholics, celebrates the appearance of an image of Jesus on a boulder in 1780.
Others, however, among them the indigenous Quechua people, point to the festival's Incan roots and say that rather than the Christian deity, Q'oyllur Rit'i celebrates the return of the Pleiades, which vanish in April and reappear in early May, Pacamama (Mother Earth) and the 'Apus' or gods of the mountains.
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 Peru is not only about visiting as a tourist, but also as is becoming a very important center of doing business in South America. Corporate tourism sector in Peru is expected to increase by 10 percent in 2014 driven by the upcoming major international meetings, congresses and forums.
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 The Peruvian hotel sector is set to grow at a record-breaking pace of between 13 percent to 15 percent this year, the Convention and Visitors Bureau of Lima has reported.
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The Peruvian gastronomic revolution, continued. The Peruvian capital has become a gastronomic mecca. Until recently, tourists headed straight for Cusco, the former Inca capital, and the ruins of Machu Picchu. Now some 75,000 visit Lima every year solely to enjoy its food, spending an average of $1,250 each, according to the tourist-industry association. Maximixe, a consultancy, estimates that restaurants alone account for 3% of Peru's GDP and that the sector is growing faster than the economy as a whole.
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 Chef Martin Morales - founder of London restaurants Ceviche and Andina - selects his favourite places to eat in Peru, taking in high-end dining, fusion influences and street food culture.
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How can the modern study of global change benefit from ancient knowledge? Special correspondent John Larson reports on the new ways indigenous communities around the world are connecting with one another to share observations and sustain their native cultures.
Watch the video! |
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In Peru, women are encouraged to spend their last weeks of pregnancy in special residential facilities that offer comfort and care. But the waiting remains difficult.
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Peru's first KT-1P armed trainer began trials at Korea Aerospace Industries (KAI) facilities in the Republic of Korea (ROK) in mid-February.
The turboprop trainer is one of 20 KT-1Ps on order for the Peruvian Air Force (FAP). Three additional aircraft will be built in the ROK and are scheduled to be delivered to the FAP in January 2015.
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The Digital Diplomacy team at the Embassy of Peru will release soon a daily newscast with the Top 10 News. Watch the promo and stay tuned!
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"El vientre", the first psychological thriller made in Peru has drawn 108,494 spectators during its first week of release, it has been reported.
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