Peru's mining investment amounted to US$2.355 billion, thus increasing 29.1% between January and July 2018 over the same period last year, the Energy and Mines Ministry (MEM) informed Thursday.
Between 2020 and 2021, new mining investment projects in Peru could start up to US $ 3,500 million, which would be added to the maintenance investments that are regularly made in the sector, said Scotiabank.
Peruvian pisco exports reached US$4 million in the first half of 2018, an 8.2% increase compared to the same period in 2017 (US$3.7 million), Lima Chamber of Commerce's (CCL) Market Intelligence Department informed.
Words from the President of the PCCC Mr. Ricardo Ruiz and a salute from our Board of Directors for the Celebration Of the Peruvian Independence Day on July 28, 2018.
Peruvian economy leads regional growth —as a result of Executive's efforts— boosting public investment among other things, President Martin Vizcarra said on Wednesday.
Peru's fishery exports for direct human consumption will total US$1.5 billion in 2018 due to better oceanographic conditions, National Society of Industries (SNI) projected Monday.
Most mining exploration activities in Peru are profitable despite the drop in copper price, thus the current trade war between the United States and China would not affect mining investment expectations in the Inca country, Central Reserve Bank (BCR) informed.
Peruvian economic activity gained notable steam in March 2018, increasing 3.93% year-on-year, much faster than the 2.9% annual growth rate observed last February, the latest FocusEconomics' LatinFocus Consensus Forecast report highlights.
Peru's terms of trade saw an average 9.2% increase last April from the same period in 2017, marking 22 months of sustained growth, Central Reserve Bank (BCR) informed Wednesday.
At its May monetary policy meeting, Central Bank of Peru (BCR) decided to keep the policy interest rate unchanged at 2.75%, the latest FocusEconomics' Consensus Forecast Latin Focus May report recalled.