Living in Peru : your everyday companion

by
Ben Jonjak

Although we all know that Peru is one of the greatest countries in the world and has everything a person could ever want, there are occasions when people are forced to travel in order to visit friends or relatives living abroad.  Unfortunately, Peru is one of those countries where there seem to be additional difficulties involved with getting a visa.  In order to give our readers a resource to help them with visa questions, LivinginPeru.com is proud to bring you these words with Immigration Lawyer Marc Prokosch of Karam Law, a reputable Law firm in the US.

After the decentralization of different services in Peru, such as  commercial development in the provinces, the market for courier services experienced sustained growth. According to Gonzalo Gulman, executive president of the company of mass messaging “Urbano Express,” more opportunities exist for the sector, such as the transportation of documents or the delivery of a light load. In this sense, Gulman expressed that one of the strongest areas of messaging, direct marketing, has pushed the sector ahead, due to the grater access of sectors C and D to consumer credits.

It appears that the world economy is bottoming out. Stock markets are recovering some of the ground they have lost in the past months, with the Dow Jones Industrial average almost reaching the 9,500 point mark. The last time it was at that level was the first week of November 2008.

The return of stronger commodities, especially with the mining group rallying, in particular gold passing the $1,000 per ounce mark is helping most Latin American countries rebound and begin showing signs of recovery, in particular Peru. For example, Peru improved its ranking in the Doing Business 2010 Report from #65 in the 2009 edition to #56 in the 2010 edition. The iShares MSCI All Peru Capped Index Fund traded in the New York Stock Exchange reached its highest point yesterday at 29.57 since its launch in June this year. Things are looking up for the Andean country.   Consequently, Peru has finally shown some negative affects to the global slowdown in the second quarter, but they still stand on top. 

by
Iana Málaga Newton

The Ikeda family dominates sales of the Peruvian chicken and turkey markets

Talking with Alberto Ikeda, production manager of San Fernando, is like receiving a lecture about poultry; about the smallest of chicken having the most meat; about genetically selected hybrid species; about the fact that in restaurants only females are served as grilled chicken.

by
Diego de la Torre
President of the Global Compact in Peru

It is untrue that a dichotomy exists between a green economy and development, in particular in emerging economies. A few days ago, the British Government brought together a group of individuals from Chile, Argentina and Peru. During our discussions, we agreed that enormous potential exists to develop new green industries and that models for this purpose need not be based on technologies and priorities generated in the Northern hemisphere.

by
Ben Jonjak

In a country like Peru, where the paths of the world cross, you find a diverse collection of people who have come for a variety of purposes. Many businesspeople are assigned to this country for whatever reason, and their placement here means they make this country their home and bring their loved ones with them. This phenomenon, in turn, creates a population of talented individuals who are eager to find a way to integrate themselves productively into their new environment. Nexos Initiative was formed precisely to cater to the needs of these people.

by
ForexTraders.com

How can the currency exchange rate affect my travel budget?
Everyone wants to have enough money on a vacation to enjoy all the attractions that make a holiday enjoyable. Planning a vacation to another country can be a struggle unless you have an understanding of the currency exchange market. A travel budget is not accurate unless current currency exchanges values are used to create your travel budget. Exchanging currency when you arrive or right before you depart on a holiday can destroy a vacation budget and ruin your trip. Planning a vacation in another country takes time, patience and some help from a reliable currency exchange professional.

by
Omar Azañedo Sayán, deputy manager of the Trade Center, AmCham Peru

Although the external crisis and its consequences obscure the entry into force of the Peru - United States FTA, there is no doubt that the entry into force of this trade agreement brings us great opportunities to expand the range of our agro-exports and to seek new market niches for our products.

by
Miguel Ángel Ronceros, partner, ROSSELLÓ Abogados and member of the AmCham Peru Legal Affairs Committee

One of the main problems facing Peru is the infrastructure gap. In this sense, a good regulation of the Public-Private Partnerships (PPPs) Law, which energizes investments (and does not cause them difficulties), is essential to shorten the gap that affects key sectors such as health, education and ports, among others.

by
Juan Diego Angulo Ljubicic, Economist and Editor

While the world has been shaken by a financial crisis, and the uncertainty this has caused has directly affected the growth of Peru, it stands out in the region and the world as one of the countries best prepared to face these times of economic slowdown or even contraction thanks to good management of the economy during the last decade.