MARCH
19



Peru has fulfilled its commitments and maintains an important macroeconomic strength, which favors it to be perceived as a market where greater presence can be established, the representative of Brazil's Ita� BBA in Lima Walter Frare said today. 

Economy & Trade


The Brazil Road Show 2015, organized by inPERU Association, will gather more than 200 businessmen in Sao Paulo today, with the aim of positioning Peru as an attractive investment destination, underpinning growth and boosting its economic development.

 

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Tourists from Chile find Tacna to be a prime tourist destination for its proximity and cheap attractions including fairs and markets.

The Chamber of Tourism of Tacna reported that from January to February of this year, more than 617,000 Chilean tourists spent about US$ 14 million while exploring in Tacna.

Investment


The Republic of Peru, rated A3/BBB+/BBB+, is reopening a SEC-registered 5.625% Global bond maturing November 2050, and has set initial price thoughts at Treasuries plus 237.5bp area.

 

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Peru announced today an offer to purchase for cash sovereign bonds 



Chilean financial services holding Grupo Security will enter Peru through the acquisition of local insurance company Protecta.

Grupo Security's move follows that of several other Chile-based insurers that have expanded into the Peruvian market in recent years. 

Mining & Energy


Dynacor Gold Mines is ready to start building a new processing plant in Chala after obtaining the relevant final construction permit from the Peruvian Ministry of Energy and Mines.
Social Inclusion



In Peru, poverty will continue being reduced this year because economy will remain on the growth pace.

 It will display an even higher expansion rhythm starting on the second half of the year, the Director of the Central Reserve Bank (BCR) Gustavo Yamada affirmed.


The economic growth and strong social policies uphold the reduction of poverty rate to less than half between 2000 and 2013, which allowed achieving one of the Millennium's development goals, the director of the Central Reserve Bank (BCR) Gustavo Yamada affirmed.
Infrastructure



Peru's Ministry of Transport and Communications (MTC) plans to launch the concession process for line 3 of the Lima's Metro system next year, the head of the sector, Jose Gallardo Ku, announced today. 



The Municipality of Lima announced they are conducting studies to replace the Blue Corridor with something along the likes of the Metropolitano.

The mayor of Lima, Luis Casta�eda Lossio, said the Municipality wants to improve the Tacna-Garcilaso-Arequipa system of the Blue Corridor with "a sort of Metropolitano system that would assume everything of the blue line," according to 
Peru21.

Agriculture



Peruvian fruits and veggies exports increased 5.1% in January compared to the same period last year, reports Fresh Plaza.

The Minister of Trade and Tourism (Mincetur), Magali Silva announced the positive results that bring Peru to have 19 consecutive months of expansion in fruits and vegetables exports.

Diplomacy



German President Joachim Gauck will arrive in Lima today for an official visit to Peru that involves a series of activities including a meeting with his Peruvian counterpart Ollanta Huamala Tasso.



Foreign Affairs Minister of Peru, Gonzalo Gutierrez, was interviewed by the Voice of America about Latin American's current political issues.

Click on the image to watch the video.
 




Gastronomy


 

Peru has a reputation as an adventurous food destination, especially in Lima, home of world-known cutting-edge restaurants.

But at Lima Limon in Florence, one of the few places in Greater Cincinnati to sample Peruvian cuisine, it's about traditional home-style food.



Traveling in a Land Cruiser from the Lima coast to the Sacred Valley, photographer Sebasti�n Galliani and his crew had one goal: to find the best beer. As it so happens, the best beer is manufactured by friends at Sacred Valley Brewery.
Tourism



Don't have Easter -weekend plans? Get organized with your friends and learn about 5 places to go this April 2-3.


Tourism can have a devastating impact on a destination's environment and culture, and more and more people are traveling to places that before had none or little visitors. But there is an alternative to mass tourism that actually contributes to and benefits the places that you visit. It is referred to as responsible, sustainable or ethical travel. 

Sports



Peruvian Paolo Guerrero has become the leading goalscorer of Corinthians soccer team. Last night, he won this title. Corinthians beat Uruguayan soccer club Danubio (2-1) in a 2015 Copa Libertadores Tournament's match, held in Montevideo (Uruguay). Guerrero scored in the 71st minute. Brazilian media did not hesitate to applaud and highlight the Peruvian striker's  great feat.

 

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Peru's Paolo Guerrero: Top foreign scorer in Corinthians
 

Culture



The Peruvian Congress unanimously agreed to bring the Mayor of Lima in to a committee for questioning regarding the recent covering of 15 murals in downtown Lima, according to El Comercio. 

Film


The Peruvian film industry is releasing another feature, "La herencia" or "The Heritage" and they've just shared its first trailer teaser for the world to enjoy.

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