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Peru's economy is growing at fastest pace accompanied by low inflation levels than any other country with BBB+ credit rating, thus benefiting a real expansion of the Gross Domestic Product (GDP), according to rating agency Fitch. |
 Spanish telecoms giant Telefonica plans to invest over US$ 1.8 billion to develop its Peruvian operations over the next three years.
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 Investments of Colombian companies in Peru are valued at as much as US$ 8 billion and this year they are expected to climb 20% to US$ 9.6 billion, Colombia's Business Council (CEC) has said.
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"As a Peruvian living abroad for many years and now in Peru for short periods of time, I find 10 Top News Peru to be very useful but most of all very informative in a very concise way on many topics of interest to our community about the most important and recent news in Peru."
Sara Bullon
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Peru authorities have extended to 34 from 20 years the concession for natural gas pipeline Gasoducto Sur Peruano, BNamericas has learned.
The update comes after private investment promotion agency ProInversi�n released new reference terms, in Spanish here, and follows extension of the bidding timetable.
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Peru is the Latin American country most likely to improve its investment climate in 2014, according to BNamericas' Mining Survey 2014. Despite persistent community conflicts at a number of mining projects in Peru, clarity regarding laws and taxation has improved, leading 44% of survey participants to see the country as the most likely to improve, followed by Colombia (18%) and Chile (15%).
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Peru's tax regime under the government of President Ollanta Humala has maintained competitiveness in the Andean country's mining industry even as social conflicts pose challenges to investors, according to consultant firm Ernst & Young.
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Peruvian precious-metals mining company Compania de Minas Buenaventura SA reported a net loss of $288.4 million in the fourth quarter of 2013, compared with a net income of $154.1 million in the year-earlier period.
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The European Parliament's decision to allow Peruvian citizens to travel freely to countries in the Schengen Area is "a good result" that benefits both sides, a senior official from the European Union (EU) has said.
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Lawmaker Daniel Abugattas is leading Peru's delegation at the 2nd Globe Climate Legislation Summit taking place in Washington DC, United States. The Peruvian delegation participating in the February 27-28 event also includes lawmakers Marisol Espinoza Cruz, Gustavo Rond�n Fudinaga and Eduardo Cabrera Ganoza.
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Animal-lovers and beachgoers the world over have been troubled by the ongoing spate of mass dolphin deaths in northern Peru, recently determined to have been the result of toxic algae growing in the nearby ocean. But a recently-published study on an ancient whale graveyard in Chile seems to indicate that this kind of occurrence has a history that stretches back millions of years.
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Birds of a feather do flock together in Peru, which boasts more than 1,800 avian species, so Inkaterra Hotels is focusing on these exotic creatures by offering bird-watching experiences at two of its in-country properties.
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 Peru's Ministry of Foreign Trade and Tourism (Mincetur) has announced that tourist activity in Cusco has returned to normal after two days of protests that had stopped transit around the region.
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 Russian travelers are increasingly eager to visit Peru for exploring its major tourist attractions and foremost natural landmarks, said Vladimir Belinsky, Minister Counselor of Russia's Embassy to Peru.
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If there are two words that evoke excellence in cuisine, they are "Cordon Bleu." The well-known international educational institute opened up a subsidiary in Lima back in 2000. Since then, young men and women dressed in impeccable white Chef 'chemises' and fluffy squared blue pants are often seen roaming around the streets of Miraflores. Less visible are those that are helping out in the restaurant next door - Wallqa - who, along with professional chefs, offer us the opportunity to try Peruvian dishes elaborated with French techniques, which can be enjoyed in an elegant setting and at a reasonable price.
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 While the western world witnessed the end of the Roman Empire, the birth of the Byzantine Empire and the establishment of Catholicism as the primary European religion, an extremely skilled Nazca artist was spinning, dyeing and weaving an exquisite textile on the south coast of Peru. The Nazca pouch on display in Gold and the Incas: Lost worlds of Peru is the oldest textile in the National Gallery of Australia's collection at 1600 years. As a textile conservator, to touch and handle a piece like this is an exceptional and honoured privilege.
One of the many astonishing things about this textile is the remarkable condition it is in for its age. Why and how this piece survived in particularly excellent condition is a mystery. It remains very tactile and soft to the touch, with none of the brittleness typically suffered by textiles of a similar age, and even younger ones. As you hold it in your hands you feel a great connection with its original owner and you imagine who they were and what they used the pouch for.
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 In another sign the Vatican is leaning ever so slightly in the direction, given its supposed mission, it should long have been anyway, a book launch this week featured a warmly received surprise speaker: Rev. Gustavo Gutierrez, the founder of Latin America's liberation theology, whose Marxist-inspired adherents in the 1960s and 1970s fought against the inequality and repression around them.
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 Premium Apple reseller iPlace wants to strengthen their position in Per� as an upscale tech retailer. To that end, El Comercio reports, iPlace wants to have 10 stores across Peru by the end of 2015.
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