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Latest News in Peru / Archive for Business
Business | 1 March, 2010 [ 10:43 ]
tags : Peru business transports airports finance travel
Peru approves US $203 million credit to improve airports
LivinginPeru.com
Isabel Guerra
Peru's Finance Ministry approved a supplementary credit of S/. 611.6 million soles (some US $203 million) intended for funding airports-related projects, reports Semana Económica.
The funds will be used by Peru's Transports and Communication Ministry to continue with the expropriation of the land nearby the Jorge Chavez International Airport.
The credit will also co-finance the concession of the First Group of Province Airports, and the legal regularization of the terrains where those terminals are located, and the improvements of the Cusco Airport Alejandro Velasco Astete.
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Isabel Guerra
Peru's Finance Ministry approved a supplementary credit of S/. 611.6 million soles (some US $203 million) intended for funding airports-related projects, reports Semana Económica. The funds will be used by Peru's Transports and Communication Ministry to continue with the expropriation of the land nearby the Jorge Chavez International Airport.
The credit will also co-finance the concession of the First Group of Province Airports, and the legal regularization of the terrains where those terminals are located, and the improvements of the Cusco Airport Alejandro Velasco Astete.
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
tags : Peru business transports airports finance travel
Business | 1 March, 2010 [ 10:07 ]
tags : Peru EU FTA business fishing industry world
Peru and European Union will sign a free trade agreement this year
LivinginPeru.com
Isabel Guerra
Peru and the European Union will sign a Free Trade Agreement this year. Peru's Foreign Trade Minister, Martin Perez, has just confirmed that negotiations in Brussels have come to an end, and that the terms are convenient for Peru.
Perez, pictured here, emphasized that all national interests regarding the 200 maritime miles, and that for example there are some advantages in fishing and fish products.
He added that Peru also got an increase in Peru's banana exports, that now allows a maximum of 75,000 tons.
Regarding to this free trade agreement, President Alan Garcia said that now Peruvian products like asparagus, paprika, grapes or avocados will have access to the European market, as well as our banana production.
Garcia remarked that this Free Trade Agreement will also generate “thousands of jobs.”
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Isabel Guerra
Peru and the European Union will sign a Free Trade Agreement this year. Peru's Foreign Trade Minister, Martin Perez, has just confirmed that negotiations in Brussels have come to an end, and that the terms are convenient for Peru. Perez, pictured here, emphasized that all national interests regarding the 200 maritime miles, and that for example there are some advantages in fishing and fish products.
He added that Peru also got an increase in Peru's banana exports, that now allows a maximum of 75,000 tons.
Regarding to this free trade agreement, President Alan Garcia said that now Peruvian products like asparagus, paprika, grapes or avocados will have access to the European market, as well as our banana production.
Garcia remarked that this Free Trade Agreement will also generate “thousands of jobs.”
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
tags : Peru EU FTA business fishing industry world
Business | 26 February, 2010 [ 13:20 ]
Saga Falabella plans to invest US $150 million in Peru
LivinginPeru.com
Isabel Guerra
The department store chain
Saga Falabella plans to invest US $150 million, and considers the opening of a Open Plaza shopping mall in Surquillo, Lima, and a new store in the city of Arequipa.
According to its General Manager, Juan Xavier Roca, sales may surpass US $600 million this year, which means a growth of 14% compared to 2009, after last year's growth of 7% that made sales reach US $530 millon.
Roca pointed out at the fact that growth in 2010 will be led and boosted by an increasing demand in home appliances, according to Semana Economica.
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Isabel Guerra
The department store chain
Saga Falabella plans to invest US $150 million, and considers the opening of a Open Plaza shopping mall in Surquillo, Lima, and a new store in the city of Arequipa. According to its General Manager, Juan Xavier Roca, sales may surpass US $600 million this year, which means a growth of 14% compared to 2009, after last year's growth of 7% that made sales reach US $530 millon.
Roca pointed out at the fact that growth in 2010 will be led and boosted by an increasing demand in home appliances, according to Semana Economica.
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Business | 25 February, 2010 [ 16:38 ]
Pardo's Chicken franchise opens a ceviche chain in Lima
LivinginPeru.com
Isabel Guerra
The franchise
Pardo SAC, owner of the restaurants chain Pardo’s Chicken, has just launched a new brand for starting business with restaurants dedicated to ceviche.
The new brand is called Nikko and has just opened its first place in La Molina district, on La Fontana Avenue.
“We have decided to enter the nikkei ceviches sector with this new brand. The project is managed by Omar Frank Maruy, and our concept is working with young cooks,” said Arnold Wu, CEO of Serfransac.
Wu commented that this area in La Molina is becoming a commercial area that concentrates the demands from the families living in La Molina, Ate, Surco and nearby districts, and that's why they are soon opening a new Pardo's Chicken at the corner of Javier Prado Este and Ingenieros.
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Isabel Guerra
The franchise
Pardo SAC, owner of the restaurants chain Pardo’s Chicken, has just launched a new brand for starting business with restaurants dedicated to ceviche. The new brand is called Nikko and has just opened its first place in La Molina district, on La Fontana Avenue.
“We have decided to enter the nikkei ceviches sector with this new brand. The project is managed by Omar Frank Maruy, and our concept is working with young cooks,” said Arnold Wu, CEO of Serfransac.
Wu commented that this area in La Molina is becoming a commercial area that concentrates the demands from the families living in La Molina, Ate, Surco and nearby districts, and that's why they are soon opening a new Pardo's Chicken at the corner of Javier Prado Este and Ingenieros.
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Business | 24 February, 2010 [ 07:09 ]
Globalia may enter Peru's hotel market
LivinginPeru.com
Isabel Guerra
Globalia executive president, Juan José Hidalgo, said that Globalia will soon be analyzing the possibilities of Peru's hotel market, to enter with its hotel chain Oasis Hotels and Resorts.
“We haven't talked about that yet because we have just entered Peruvian market with Air Europa, and have just started flights from Madrid and Lima,” he said.
Oasis Hotels & Resorts is oriented to the corporative business and receptive tourism as well, and it runs
Air Europa has just started flights from Madrid to Lima on Monday, Wednesday and Friday, and expect to start daily flights at the end of the year.
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Isabel Guerra
Globalia executive president, Juan José Hidalgo, said that Globalia will soon be analyzing the possibilities of Peru's hotel market, to enter with its hotel chain Oasis Hotels and Resorts. “We haven't talked about that yet because we have just entered Peruvian market with Air Europa, and have just started flights from Madrid and Lima,” he said.
Oasis Hotels & Resorts is oriented to the corporative business and receptive tourism as well, and it runs
Air Europa has just started flights from Madrid to Lima on Monday, Wednesday and Friday, and expect to start daily flights at the end of the year.
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Business | 23 February, 2010 [ 12:04 ]
Peru: The real estate boom in Lima continues strong for office space
LivinginPeru.com
Isabel Guerra
Due to the high demand for offices, the real estate and construction companies in Peru estimate that some 60,000 square meters of offices are to be built each year, according to Victor Saldaña, from Inmobiliaria Alfredo Graf.
This boom started three years ago, and since then 260,000 square meters of corporative office space buildings have been built.
“Surco is a district where many projects are concentrating. Investors have found it as an ideal place, because most top executives live there, and they want to avoid the traffic jams that are usual in San Isidro and Miraflores,” said Saldaña.
Currently, there are eight projects in Surco, seven in Miraflores, 12 in San Isidro and two in La Molina.
“San Isidro is still the preferred zone, because it is the financial district and all the banks have presence are there,” explained Saldaña.
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Isabel Guerra
Due to the high demand for offices, the real estate and construction companies in Peru estimate that some 60,000 square meters of offices are to be built each year, according to Victor Saldaña, from Inmobiliaria Alfredo Graf. This boom started three years ago, and since then 260,000 square meters of corporative office space buildings have been built.
“Surco is a district where many projects are concentrating. Investors have found it as an ideal place, because most top executives live there, and they want to avoid the traffic jams that are usual in San Isidro and Miraflores,” said Saldaña.
Currently, there are eight projects in Surco, seven in Miraflores, 12 in San Isidro and two in La Molina.
“San Isidro is still the preferred zone, because it is the financial district and all the banks have presence are there,” explained Saldaña.
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Business | 23 February, 2010 [ 09:58 ]
Peru: Finance Ministry reaches agreement with Shougang to develop petrochemical industry in Ica
LivinginPeru.com
Isabel Guerra
Peru's Energy and Mines Ministry informed that it has signed an agreement with Shougang Hierro Perú, in which the latter hands over part of its mining concession in order to make viable the development of Petrochemical industry in San Juan de Marcona in the state of Ica.
This will mean an investment of US $2.5 billion, destined to an important production of ammonia, urea and ammonia nitrate, reports Semana Económica.
The agreement stresses the importance of mining in the area, where Shougang is planning to double its current production, by means of an investment of US $1 billion.
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Isabel Guerra
Peru's Energy and Mines Ministry informed that it has signed an agreement with Shougang Hierro Perú, in which the latter hands over part of its mining concession in order to make viable the development of Petrochemical industry in San Juan de Marcona in the state of Ica.This will mean an investment of US $2.5 billion, destined to an important production of ammonia, urea and ammonia nitrate, reports Semana Económica.
The agreement stresses the importance of mining in the area, where Shougang is planning to double its current production, by means of an investment of US $1 billion.
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Business | 23 February, 2010 [ 00:24 ]
Peru: Tourism packages concentrate 55 percent of services exports
LivinginPeru.com
Isabel Guerra
Tour packages concentrate 55% (a little more than US $1.93 billion) of the Peruvian services exports, that closed deals worth approximately US $3.51 billion in 2009, reported the Lima Chamber of Commerce.
Service exports include five sub sectors: travel, transportation, insurances, communications and others, which in turn includes government, financial, computer, rent of equipment and company services, among others.
The President of the Services Committee, Yolanda Torriani, said that diversification is needed in order to make Peru a real exporter of services, and that Peru is an important place for companies providing services such as gastronomy, software, engineering and health.
She pointed out that the companies should be aware of the different foreign markets that have been identified as possible targets for Peruvian service exports, such as Mexico, Panama, Costa Rica, Guatemala, Colombia, Chile and the US among others.
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Isabel Guerra
Tour packages concentrate 55% (a little more than US $1.93 billion) of the Peruvian services exports, that closed deals worth approximately US $3.51 billion in 2009, reported the Lima Chamber of Commerce. Service exports include five sub sectors: travel, transportation, insurances, communications and others, which in turn includes government, financial, computer, rent of equipment and company services, among others.
The President of the Services Committee, Yolanda Torriani, said that diversification is needed in order to make Peru a real exporter of services, and that Peru is an important place for companies providing services such as gastronomy, software, engineering and health.
She pointed out that the companies should be aware of the different foreign markets that have been identified as possible targets for Peruvian service exports, such as Mexico, Panama, Costa Rica, Guatemala, Colombia, Chile and the US among others.
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Business | 20 February, 2010 [ 10:19 ]
Peruvian franchise Las Canastas to open first restaurant in Mexico in October
Andina
Peruvian franchise Las Canastas will open its first restaurant in Mexico next October, as part of its expansion plan for this year, the General Manager Miguel Castillo said.
“The beginning of operations of the franchise in Mexico is one of the main goals for the company in order to achieve our internationalization,” he told Andina News Agency.
He pointed out that they already have contracts signed to offer our traditional dish Pollo a la Brasa with Peruvian taste in Guadalajara and in the Mexican Federal District.
He said that up to now, the Mexican franchise-holder has approved all plans to build the new restaurant, which took over two years to obtain its viability.
“The delay was due to this land was destined to build a university, that is why it was necessary to perform zoning changes to avoid problems,” he added
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Peruvian franchise Las Canastas will open its first restaurant in Mexico next October, as part of its expansion plan for this year, the General Manager Miguel Castillo said. “The beginning of operations of the franchise in Mexico is one of the main goals for the company in order to achieve our internationalization,” he told Andina News Agency.
He pointed out that they already have contracts signed to offer our traditional dish Pollo a la Brasa with Peruvian taste in Guadalajara and in the Mexican Federal District.
He said that up to now, the Mexican franchise-holder has approved all plans to build the new restaurant, which took over two years to obtain its viability.
“The delay was due to this land was destined to build a university, that is why it was necessary to perform zoning changes to avoid problems,” he added
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Business | 20 February, 2010 [ 00:28 ]
Peru exported US $16.36 billion in metals in 2009
LivinginPeru.com
Isabel Guerra
Peru's metal exports in 2009 totaled US$16.36 billion, or the 60.9% of the total value of Peruvian exports for that year, reported Peru's Energy and Mines Ministry (MEM).
According to a study made by the Central Reserve Bank, the value of metals traded only in December 2009 was US $1.78 billion, which surpassed the sales during the previous 11 months.
According to MEM, the international financial crisis had a negative impact on the metal demand in different sectors, and the recovery started by the end of 2009.
Gold exports reached a value of US$6.8 billion, 21.7% higher than the figure registered the previous year (US$5.58 billion).
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
Isabel Guerra
Peru's metal exports in 2009 totaled US$16.36 billion, or the 60.9% of the total value of Peruvian exports for that year, reported Peru's Energy and Mines Ministry (MEM). According to a study made by the Central Reserve Bank, the value of metals traded only in December 2009 was US $1.78 billion, which surpassed the sales during the previous 11 months.
According to MEM, the international financial crisis had a negative impact on the metal demand in different sectors, and the recovery started by the end of 2009.
Gold exports reached a value of US$6.8 billion, 21.7% higher than the figure registered the previous year (US$5.58 billion).
Have news you'd like to see in LivinginPeru.com? Contribute an article, whether it's translated or based on your own reporting. Contact editor@livinginperu.com.
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Last comments
- In Peru: Nasca tour companies declare strike over proposed plane regulations
Nasca math says :
18 March, 2010 12:08:56
1st Point: All tourist that go to Nasca, go there to fly.2nd from this news item lets do ... - In Peru: Nasca tour companies declare strike over proposed plane regulations
Riverice says :
17 March, 2010 21:14:28
If they don't want to fly, many companies are probably ready to earn some tourist money... - In Peru: Nasca tour companies declare strike over proposed plane regulations
Martin says :
17 March, 2010 18:43:48
jb - you are right on target. The tour operators prefer to keep killing people in the name of free e ... - In Peru: Nasca tour companies declare strike over proposed plane regulations
jb says :
17 March, 2010 14:23:00
The headlines should have read: "Nasca tour companies declare strike over proposed plane regula ... - In Restaurant in Lima, Peru, creates dishes made with flowers
cat says :
17 March, 2010 07:01:53
good. I hope most of the restaurants will have that sense of serving food
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