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Peru is expected to be the second fastest economic perfomer in the region in period between 2015 and 2016, recording a 5.6 and 6 percent growth, respectively, the World Bank (WB) said Wednesday. |
Peru's President Ollanta Humala said on Wednesday that he will soon send Congress a package of reforms to stimulate slowing economic growth that will include changes to the tax system.
Humala offered few details on the measures but said they would also cut red tape and generally encourage investments in mining, energy and other sectors.
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Peru unveiled legislation designed to ease the financial burden on companies and streamline bureaucracy to boost growth as copper exports slump.
The measures include relaxing environmental rules for 11 billion soles ($3.9 billion) of oil and gas investment and waiving more than 20 billion soles in back taxes.
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 Peru's middle class increased from 25 percent of the total population in 2005 to nearly 60 percent due to the country's economic expansion, the Peruvian Association of Banks (Asbanc) reported on Tuesday.
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 The consumer price index in Metropolitan Lima showed a variation of 0.23 percent in May, thus the inflation in the last 12 months eased to 3.56 percent, Peru's Central Reserve Bank reported.
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 Crisologo Quispe says he halted operations at his gold mine in the Peruvian jungle in April after police used dynamite to blow up $350,000 loaders at a nearby site. Quispe fired 17 workers and moved machinery elsewhere on concern his concession in 428 hectares (1,057 acres) of jungle bordering the Madre de Dios region of southeast Peru will become embroiled in a government campaign against illegal mining.
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The Peruvian Forest and Wildlife Service has announced that Per� is home to 64 different endangered species. RPP reports that in addition to 64 endangered species, there are 500 more species in Peru that are considered threatened.
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A young sea lion found severely wounded on a beach in Peru's capital was returned to his Pacific home Wednesday after six weeks of care by an animal advocacy group.
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The cultivation of coca bushes is down some 17.5 percent in Peru, according to the 2013 national coca crop monitoring survey presented today in Lima by the United Nations Office on Drugs and Crime (UNODC) and the Peruvian government.
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 After actress Magaly Solier was assaulted on the Metropolitano bus line, authorities and public figures have had a lot to say on the topic of street harassment and assault.
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 Peruvian Congress has authorized President Ollanta Humala's trip to Bolivia to participate in the upcoming summit G77+China (Group of 77 developing countries plus China).
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 After the first Pacific Business Matchmaking event, which was held in mid 2013 in Cali, the governments that make up the Pacific Alliance (Peru, Chile, Mexico and Colombia) decided to reunite the entrepreneurs from these Latin American nations with those who come from South Korea, Japan and China. The aim is that the block, which represents 47% of Latin America's trade, expands its presence in Asia and strengthens intraregional trade.
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 Israel's national Holocaust memorial on Thursday posthumously honored Jose Maria Barreto, a diplomat in Switzerland who used his position to attempt to rescue Jews during the Holocaust.
As the consul general of Peru in Geneva, Barreto issued 27 Peruvian passports to 58 Jews, including 14 children, even though the government of Peru by 1938 had given instructions to its consulates in Europe not to issue visas to foreign immigrants - with an emphasis on barring Jews in particular.
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If there is one place in Lima where people go to in search of fun, it is certainly Barranco. The district is filled with coffee shops, pubs, old cantinas, discos, a few restaurants and many, many eateries.
One place in particular, located just underneath the famous Puente de los Suspiros, is well worth a visit. The modern and trendy Picas Resto-Bar is a great place to have some drinks and tapas with friends, and after renovations in 2010 and a new head chef and staff, this restaurant is living up to its motto to cater to "all the senses."
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The improvement of tourism services, provided at the archaeological site of Otuzco in northern Peru, will be undertaken as part of the recently signed agreement between the State and private sector, it was reported on Wednesday. |
 Colca Valley, one of Peru's top tourist destinations, lured a total of 70,884 domestic and foreign visitors between January and May this year, a slight increase over the same period last year, it was reported on Wednesday.
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 A Peruvian citizen living in the United States has reportedly been charged with running an extorsion ring. Accordig to Peru21, Peruvian national Juan Alejandro Rodr�guez Cuya and American citizen Maria Luzula were arrested in January and now have been charged with extorsion and postal fraud.
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The trailer for The Green Inferno, an American cannibal horror-thriller film directed by Eli Roth and co-written with Guillermo Amoedo has been released this week online, it was reported on Wednesday. Click on the image! |
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