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The Peruvian economy is expected to accelerate at cruising speed by 2015 driven by the start-up of gold and silver production process at large-scale mining projects and the recovery of public and private investment nationwide. |
Leading members of Peru's private sector say they are upbeat about the economy for next year, despite reports that growth has fallen to its slowest rate in five years.
On Friday, the National Statistics Institute, INEI, reported that the gross domestic product expanded just 0.3% compared to the year-earlier month, well-below expectations. The economy is being battered bylower metal prices that have hurt exports and investments.
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The amount of public investment executed in Peru surged to record level 14.06 billion soles (US$ 5.03 billion) as at the close of July this year, according to the country's Economy and Finance Ministry (MEF).
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South American nation's pavilion to host 18 exhibitors, all looking to strengthen their links to Asia.
The Association of Peruvian Agrarian Producers Guilds and the German-Peruvian Chamber of Commerce have organised the pavilion, with the support of the country's Ministry of Foreign Trade and Tourism and the Peru Export and Tourism Board.
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South Africa's Gold Fields continues to divest non-core assets with the sale of its 51% stake in an exploration project in Peru to partner Buenaventura for $81 million in cash plus royalty payments.
The southern Peru's Chucapaca gold, copper and silver deposit was originally planned to commence production by the end of 2015, mining 500,000 ounces of gold a year.
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The dynamite crew set the charges and ordered everyone back.
They put explosives beneath the miners' hammocks and in the outdoor kitchen, where potatoes were still hot on the stove. More fuses were placed in the processing shed nearby, which had a blackened torch for melting gold and a rusty barrel of sand laced with mercury.
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 Consultancy group Maximixe announced that Peruvian fresh pomegranate exports will grow by 57.7 percent in 2014 totaling more than US$28 million due to an increasing demand for the fruit in Europe, Asia and the Middle East.
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 Peru's Foreign Minister Gonzalo Guti�rrez believes that demonstrated knowledge and experience in the inter-American system was the biggest determining factor in submitting Garc�a-Say�n's bid for secretary general of the Organization of American States (OAS).
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 The nomination of Diego Garcia-Sayan as secretary general of the Organization of American States (OAS) has a good chance of success, said Ambassador Hugo de Zela Mart�nez, former permanent representative of Peru to the inter-American organization.
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 Peru's Minister of Labor and Employment Promotion, Fredy Otarola, delivered Monday the opening remarks at the Peru-Brazil meeting aimed encouraging actions against forced labor.The inaugural ceremony was held at ILO's headquarters in the Peruvian capital Lima and was carried within a cooperation framework set up in 2013 between both nations.
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 An interview with Ambassador of Peru in Saudi Arabia, Eduardo Martinetti, about his first impressions about his new post in Riyadh.
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Peru becomes a space country by launching a CubeSat technology nano-satellite. A small Peruvian research satellite made by the Lima-based National University of Engineering (UNI) was deployed on Monday into orbit from the International Space Station (ISS), marking the starting of earth-observation era for the Andean nation.
More:
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 Lima will be the host city for the 2014 Latin American Summit, leading event in the advertising industry organized by global media group Dentsu Aegis Network, one of the first networks that pioneered conventional and digital media strategies in the world.
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If Peru's spectacular culinary boom has a birthplace, it is the Lima restaurant Astrid y Gaston.
For 20 years, owner and chef Gaston Acurio has been spearheading a national movement that has successfully fused Peru's myriad traditional recipes with mouth-watering modernist creativity.
And the word is out. Astrid y Gaston has been ranked Latin America's best restaurant. Acurio is so popular, thanks to his championing of humble cooks and farmers, that polls give him a real shot at becoming president, should he ever step out from behind his stove.
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 The superfood star finds itself involved in a smuggling scheme between foreigners and businessmen. As reported by the television news program �Cuarto poder�, some Chinese businessmen and Peruvian maca farmers are allegedly involved in a smuggling scheme of the much sought-after root. According to the report, more than 2,000 tons of the crop have been illegally taken out of the country this year. This is nearly half of 2014�s total maca harvest, which is approximated to be 4, 500 tons.
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Peru has seen the largest year-over-year growth in tourist arrivals in 2013, according the latest Latin Tourism Index released by weekly online journal Latin Business Chronicle (LBC). |
Peruvian beach volleyball team defeated Iran 2-1, claiming their second consecutive victory at the 2014 Summer Youth Olympics on Monday. |
 The goals have been flying in so far at the Boys' Youth Olympic Football Tournament 2014 in Nanjing, which has already yielded 22 strikes in four games, or an average of more than five goals per match. But among the many scorers, the only one to have scored directly from a free-kick is Peru midfielder Gerald Tavara, whose set-piece trickery helped Los Incas seal a 2-1 success over Iceland on Monday.
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One Ok Rock, reportedly one of the most famous rock bands in Japan and promising talents in Asia, will visit Peru for the first time ever in November, as part of their first Latin American tour.
The Japanese band comes to Peru after performing at the 2014 Vans Warped Tour, which took them across the United States.
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