Business Peru

  • NEW YORK— With government officials now warning pregnant women to avoid Miami Beach in addition to Puerto Rico, some sun seekers are desperately scrambling for a Zika-free vacation. Travel experts say families worried about Zika are now looking to Arizona and Southern California to get some sun, along with cooler weather locales such as New England and Canada.

  • LIMA, Aug 18- The government of new Peruvian President Pedro Pablo Kuczynski said on Thursday that tax revenues that have slipped in recent years will start rising again as proposed tax cuts broaden the payer base. By the end of Kuczynski's term in 2021, tax revenues will have risen to 17 percent of gross domestic product from 14.7 percent last year, Prime...

  • SANTIAGO, Aug 11- LATAM Airlines, Latin America's largest airline, reported a wider-than-forecast net loss in the second quarter of $92 million, as it struggles to overcome tough economic conditions in its key markets. LATAM has racked up repeated losses since it was formed in the 2012 merger of Chile's LAN and Brazil's TAM, hamstrung by Brazil's economic...

  • THURSDAY, AUGUST 11 MANILA- Philippines central bank holds monetary policy meeting- 0800 GMT. SEOUL- Bank of Korea holds its monetary policy meeting and will give its decision on interest rates- 0100 GMT. BELGRADE- National Bank of Serbia interest rate decision- 1000 GMT.

  • SEOUL- South Korean Finance minister Yoo Il-ho speaks at a forum on easing regulations for corporations- 0500 GMT. NAIROBI- Central Bank of Kenya Governor Patrick Njoroge holds a joint news conference with CEOs of commercial banks- 0700 GMT. SEOUL- Bank of Korea holds its monetary policy meeting and will give its decision on interest rates- 0100 GMT.

  • TUESDAY, AUGUST 9 MUMBAI, India- Reserve Bank of India holds its monetary policy committee meeting. LIMA- Central bank of Peru interest rate decision- 2300 GMT. SEOUL- Bank of Korea holds its monetary policy meeting and will give its decision on interest rates- 0100 GMT.

  • MONDAY, AUGUST 8 CHISINAU- National Bank of Moldova interest rate decision. TUESDAY, AUGUST 9 MUMBAI, India- Reserve Bank of India holds its monetary policy committee meeting. SEOUL- Bank of Korea holds its monetary policy meeting and will give its decision on interest rates- 0100 GMT.

  • THURSDAY, AUGUST 4 SHANGHAI- Federal Reserve Bank of Dallas President Robert Kaplan speaks on "Economic Conditions and Implications for Monetary Policy" before the Official Monetary and Financial Institutions Forum City Lecture event- 1015 GMT. LIMA- Central bank of Peru chief Julio Velarde Flores will deliver a public presentation on macroeconomics...

  • BUENOS AIRES, Aug 3- Most Latin American currencies are set to stabilize further because of growing optimism on policy fine-tuning, although the Mexican peso is increasingly prone to agitation over the U.S. election in November, a Reuters poll showed on Wednesday. This remarkable tightening of the gap between the strategists' projection and the current rate of...

  • WEDNESDAY, AUGUST 3 BANGKOK- Bank of Thailand holds its monetary policy committee meeting- 0730 GMT. THURSDAY, AUGUST 4 SHANGHAI, China- Federal Reserve Bank of Dallas President Robert Kaplan speaks on "Economic Conditions and Implications for Monetary Policy" before the Official Monetary and Financial Institutions Forum City Lecture event- 1015 GMT.

  • TUESDAY, AUGUST 2 BEIJING- Federal Reserve Bank of Dallas President Robert Kaplan speaks on "Economic Conditions and Implications for Monetary Policy" before the Official Monetary and Financial Institutions Forum City Lecture event- 1015 GMT. SEOUL- Bank of Korea to release the minutes of its July policy meeting- 0700 GMT. THURSDAY, AUGUST 4 SHANGHAI, China-...

  • Peruvian presidential candidate Pedro Pablo Kuczynski (R) of the 'Peruanos por el Kambio' (PPK-Peruvians for Change) party, flanked by his wife Nancy Lange, makes a victory announcement in Lima on June 9, 2016.

    Pedro Pablo Kuczynski took office as Peru's president on Thursday, asking the opposition-controlled Congress to help him fight income inequality.

  • LIMA, July 28- Failure to ratify the U.S.-led sweeping trade pact TPP would hand China "the keys to the castle" on globalization and do nothing to solve the real problems underlying American anxiety over jobs, the top U.S. trade official said Thursday. Trade Representative Michael Froman said he was still optimistic Congress would pass the 12- member TPP, in part...

  • LIMA, July 28- Pedro Pablo Kuczynski took office as Peru's president on Thursday, asking the opposition-controlled Congress to help him fight income inequality and ensure all Peruvians have access to running water, health care and free primary education. The 77- year-old Oxford-educated former investment banker, deemed "elitist" by opponents in last month's...

  • SAO PAULO/ LIMA, July 21- Lenders could accelerate the disbursement of a $4.125 billion loan to Peruvian gas pipeline operator Gasoducto Sur Peruano GSP SA if Brazilian engineering group Odebrecht SA fully exits the project overseeing the construction of the pipelines, three people familiar with the matter said on Thursday. Odebrecht, which is ensnared in a...

  • July 21- Confidence in prospects for the global economy has been dented following Britain's vote to leave the European Union, with a growing view that monetary policy is a fading force and many governments now need to borrow and spend, Reuters polls showed. "Given how fragile the global economy is nearly eight years after the start of the global financial crisis,...

  • Peru-China Relations

    Former Peruvian President Alejandro Toledo says China's large market offers huge opportunities for Peru, which should export more than just commodities.

  • Peru Economy

    Former Peru President Alejandro Toledo says the Trans-Pacific Partnership deal will help Peru diversify export production away from just raw materials.

  • THURSDAY, JULY 14 WASHINGTON- International Monetary Fund's head Christine Lagarde speaks at Center for Global Development in Washington on "Redoubling our Resolve for Global Development". PRETORIA- South African central bank Deputy Governor Kuben Naidoo speaks at South Africa's first ever Public Economics Winter School, where tax policy, industrial...

  • SARAJEVO- European Bank for Reconstruction and Development Vice President Philip Bennett visits Bosnia. MANILA- Philippines central bank governor Amando Tetangco to speak at the central bank's luncheon for stakeholders- 0200 GMT. SARAJEVO- European Bank for Reconstruction and Development and Bosnia to sign a 71 million euro infrastructure loan- 0730 GMT.