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  • Peru pulls five offshore oil contracts

    5/23/18
    Peru's energy and mines ministry has repealed decrees authorizing the signing of contracts for the exploration and development of five offshore oil concessions with Tullow Oil in the north of the country, according to a press release. ...

  • Peru reconstruction, mining to spur economy

    5/22/18
    Peru's economy will benefit this year from billions of dollars in mining investment, while at the same time the government reactivates infrastructure spending through a 26bn-sol (US$8bn) flooding reconstruction program, a senior...

  • Peru telecoms industry growing at 10%

    5/22/18
    Peru's telecoms industry grew at an average annual rate of 10% in the last four years, according to transport and communications minister (MTC) Virginia Nakagawa. Investment in the sector rose to 3.3bn soles (US$1bn) in 2017 from 2....

  • Macro Watch: Peru, Argentina

    5/22/18
    Peru's GDP grew 3.2% year-on-year in the first quarter, spurred on by stronger consumption and investment. The expansion is the biggest since 3Q16, when the Andean nation's economy grew 4.69%. In 1Q18, private consumption was up ...