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Peru records roughly US$ 60 billion worth in investments annually across all market sectors, reflecting the confidence of domestic and foreign investors in the country's sound economy. |
Peruvian exports of non-traditional products to India rose to a record US$ 37.6 million during the first five months of the year, up 53.1 percent from the same period a year earlier, it was reported Thursday.
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Finance Minister Luis Miguel Castilla defended the government's plans to raise public spending at a time of slower economic growth, waving away criticism from opposition politicians that it is a "populist" move.
"This is a vision of a government that will last five years and the policies that the President has established are policies that will transcend the government," Castilla said.
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 Glencore has completed the sale of its entire interest in the Las Bambas copper mine project in Peru to a consortium owned 62.5% by MMG, 22.5% by GUOXIN International Investment Corp and 15% by CITIC Metal Co. The company announced in July 22 that all of the conditions to completion of the transaction had been satisfied.
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 Glencore Plc said it received $7 billion from the sale of one of the world's largest copper projects, the Las Bambas mine in Peru, and is expected to return at least half the cash to its shareholders. Swiss-based Glencore's announcement on Friday was the first time the final sum for completion of the sale of Las Bambas to China's MMG Ltd and its partners has been revealed.
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The recently launched second stretch of Line 1 of the Lima Metro network, Peru's busiest public transportation system, hit a record by carrying over 270,000 commuters on its third day of operation.
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Footage released by Brazil's National Indian Foundation shows isolated indigenous people coming forward for outside assistance after fleeing attacks in Peru. The people, whose language is recognized as part of the Pano linguistic group, reportedly crossed the border after coming under pressure from illegal logging and drug trafficking at home.
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The Brasilia-based Peruvian embassy hosted a reception on the occasion of the 193rd anniversary of Peru's Independence from Spain, event that also saw the launch of the official postage stamp that honors the two countries' relationship.
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Peru's ministerial cabinet led by the newly-appointed Prime Minister Ana Jara is expected to seek Congress' vote of confidence on August 20, the parliamentary chief Ana Maria Solorzano said Thursday.
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More than 10,000 locals and tourists flocked to Ayacucho, in southeastern Peru, to attend the third edition of 'Ayacucho: Taste and Tradition' gastronomic festival, said Sunilda Ochoa, regional director of foreign trade and tourism.
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Look to the skies! Cusco-based Simon Hare has documented some spectacular sunsets across Peru.
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Peruvian Judoka Alonso Wong has been ranked first in the continent by the polls of the Pan American Judo Confederation, the Olympic Sports Association of Peru (ADO Peru) announced Thursday.
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Peruvian striker Paolo Guerrero has been alerted to interest from a number of Premier League clubs and is considering a move back to Europe, Goal can reveal.
Sunderland, West Ham and QPR are all understood to be monitoring the former Bayern Munich man's situation, and he is keen to have one more crack at European football.
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Inkafest 2014 showcases extreme sports and adventure travel media with film screenings, classes and an expedition to the Andes.
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 One of London's most famous fictional residents, Paddington Bear is immortalised in this bronze statue by Marcus Cornish in Paddington Station. Michael Bond's first book about the bear from darkest Peru was published in 1958, based on a lone teddy bear that Bond saw on a shop shelf near the station. The statue was created in 2000. Give him his due - he heeds National Rail's advice of not leaving his luggage unattended.
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