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Peru's Central Reserve Bank President, Julio Velarde, has forecast that the Peruvian economy will grow by more than 5% next year, bolstered by the greater dynamism of public, private investment and consumption, which are crucial to the primary sector's recovery. More: Peru GDP Seen Up 4.8% in 2015 - Lima Business Group |
The Peruvian government has announced the launch of a public information campaign about the new law aimed at young workers in a bit to convince them this regime seeks protection of their rights.
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Peru's Gloria Group said it acquired an outstanding 51.35% stake in Bolivia's largest cement producer Sociedad Boliviana de Cemento (Soboce) for US$300mn.
Gloria - a conglomerate that produces cement, nitrates, paper, dairy, fruit juice and fish products, and owns the Cementos Yura plant in Arequipa region - carried out the transaction on the Bolivian stock exchange, it said in a filing with securities regulator SMV.
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Peru's government will provide support for Southern Copper's US$1.4bn T�a Mar�a copper-silver project, where construction is due to restart shortly after a three-year hiatus, a senior official said.
The project was suspended in 2011 following environmental protests that left six people dead.
The majority of local residents now back the project, energy and mines minister Eleodoro Mayorga said, after meeting with many of them in the province of Islay, in Arequipa region.
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Maxima Acu�a, a farmworker from Cajamarca, has won a legal case against the U.S. based Newmont Mining Corporation. Newmont is known in Peru by the name of its operations in the area, Yanacocha.
The company sued Maxima for alleged land invasion in an attempt to expel her and her family from her property. Yanacocha wanted her land in order to pursue their massive gold mining project, known as Conga.
Nevertheless, the Appeals Court of Justice of Cajamarca ruled in favor of Maxima, thus absolving her from the lawsuit.
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Just a few years ago, waste recycler Genaro Jorge Dur�n Contreras and his colleagues were branded "nut cases" and drug addicts, picked up by police or chased away from their foraging for recyclables.
"But now we have a permit to work. The abuse is over," said the 49-year-old father of six at the Lima office of Ciudad Saludable (Healthy City), a Peruvian organization that helps waste pickers set up formal groups and micro-enterprises.
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Peru's Foreign Relations minister, Gonzalo Gutierrez, sent a formal notethis week to the United States Ambassador in Lima, Brian Nichols, requesting information on executives of Dallas Airmotive, a Texas-based company involved in the alleged bribery of Peruvian Air Force officers in order to win the bids for several aviation services contracts.
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GreenPeace went too far when activists from the group defaced an ancient Peruvian landmark known as the Nazca lines earlier this month, and, for the sake of the environmental causes that the group supports, it must now cooperate fully with the investigation into the vandalism. By showing such reckless disregard for Peru's culture and history, Greenpeace lent legitimacy to one of the worst accusations that environmentalists face - that they're insensitive to developing countries.
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President Ollanta Humala welcomed the announcement about an approach between the United States and Cuba by emphasizing it to be "a key, historic and brave step" in favor of Americas' integration process.
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 The government of Peru expressed on Tuesday its deep concern over the atrocious terrorist act committed by the Taliban inside a school in Peshawar in northwestern Pakistan. As a result more than a hundred innocent people were killed, including 132 children.
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MATE - Museo Mario Testino announces a new exhibition in their Temporary Exhibition Space of films by American artist and filmmaker Andy Warhol, renowned figure in the Pop Art movement. Open to the public from Saturday 13th December, this is the first exhibition of the artist's films in Peru, and will be opened by Eric Shiner, Director of The Andy Warhol Museum.
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It wouldn't be fair to say Hollywood's 2-month-old La Huaca Peruvian Cuisine is hidden; it's just a bit off the beaten path. Sitting at Harrison Street and South 20th Avenue, one block south of Hollywood Boulevard, the new Peruvian eatery is really just steps from the clustered chaos of the city's restaurant row. |
Machu Picchu, appropriately, sits at the top of many a travel bucket list, a rewardingly hard-to-reach Inca site and bonafide wonder of the world. Now it turns out that Peru has been hiding something even better up its sleeve. |
 Peru outbound tourism shows a stable increase, whereas the entry of foreigners has risen three-fold in the last five years, reported the Ministry of Foreign Affairs.
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The Peruvian Primera Division final will go to a third leg after Sporting Cristal and Juan Aurich played out a goalless draw.
Juan Aurich had fought back for a 2-2 draw at home in the first leg, scoring twice in the last five minutes, but neither they nor Cristal could find the win that would have secured the title on Wednesday.
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 Team Peru will chase the podium at the 2014 World Junior Waterski Championship to be held between January 8th and 11th at the lagoons of Bujama Lacus S.A., about 85km south of Lima.
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 Bianca Botto's five titles obtained so far this year have allowed her to complete the year successfully as she climbed 457 positions to 213rd place in the Women's Tennis Association (WTA) rankings.
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The LA Galaxy wrapped up their 2014 postseason community-based #GalaxyTour by spending four days with club nutrition partner Herbalife in Lima, Peru.
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 Peru's Interior Minister Daniel Urresti took part in a training program aimed at Peruvian police officers from the Terna unit, organized and conducted in Lima by its French counterpart.
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 One person died on Tuesday when protesters in Peru's southern Andean region tried to take over the Cusco airport, which is the key access point for most tourists visiting the Spanish colonial city and the nearby Machu Picchu citadel. A 35-year-old man died when some 3,000 residents from the town of Calca marched on the city and confronted police officers as they tried to reach the Alejandro Velasco Astete airport in Cusco, RPP Noticias reported.
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