Lockdown

On Sunday, October 21st, the whole of Peru is under house arrest. Nobody may leave their home; no business may open; even the homeless will be rounded up and confined to sports stadiums. Police and military will patrol the streets to enforce the “immobility order”.
The reason for this unprecedented measure is the National Census, run [...]

Cusco airport modernizations to “triple connectivity”

Modernization work to Cusco airport will triple its connectivity and allow enhanced connections with international flights into Lima, according to Chamber of Tourism chairman Daniel Ratti.
He said that the installation of new runway lights and a satellite-linked landing system will allow aircraft to land during conditions of poor visibility and at night time.
The improvements, scheduled [...]

Grenade and cannabis plantation found in Lima avenue

A fragmentation grenade and more than 200 cannabis plants have been found in an avenue in Lima’s La Victoria region.
Municipal gardeners came across the grenade at about 10am, while tending the plants in the central reservation of San Eugenio Avenue. They immediately alerted police, who called specialist officers from the EDEX “bomb squad” division to [...]

Weather forecast

Peru’s meteorological service SENAMHI has forecast drizzle and low temperatures in Lima this week, with dense fog in the mornings.
Fog is expected to dissipate by 9am in regions away from the coast, while seaside districts such as Miraflores can expect it to remain until noon.
Coastal areas will not see the sun this week, while there [...]

Juan Diego Flores receives Peru’s highest honor

 
Today Peru’s President Alan Garcia awarded the order of the Sun of Peru at the level of the Grand Cross, the nation’s highest honor, to Peruvian tenor Juan Diego Flores.
The ceremony took place in the Gilded Room of the Palace of Government, where the president recognized Flores for his outstanding contributions to Peru’s worldwide [...]

Peru Reserve Bank chief: stock exchange volatility down to inexperienced investors

Julio Velarde, the President of Peru’s Central Reserve Bank (BCRP) yesterday blamed recent instabilities of the Lima Stock Exchange (BVL) on the influx of a large number of inexperienced investors, drawn in by the indices’ high yield this year, who then panicked when prices started to drop. He estimated their total investment at around US$500 [...]

Lima Stock Exchange breaking records for growth

By midday today the Lima Stock Exchange (BVL) had already broken records for growth on a single day, with the General Index (IGRA or IGBVL) increasing by over 7.8% — more than enough to offset yesterday’s catastrophic fall. The Selective Index (ISEL or ISBVL) rose by 8.25% in the same time.
On a day that seems [...]

President Garcia: economy as solid as a rock

President Alan Garcia stated today that he expect the Peruvian economy to grow by 7-8% this year, due to an increase in local consumption and foreign investment, rather than due to the increases in world metal prices that have bolstered the economy in the first quarter but which are due largely to external factors.
Calling the [...]

Cold temperatures expected in Lima, and extreme cold in Puno

Temperatures in the Puno region are set to drop as low as -27°C (-17°F) in June, according to state meteorological service SENAMHI.  Temperatures in the city of Puno fell below freezing this week, while in the Puno town of Masocruz -16°C (3°F) was recorded.
Regions located above 3,800m altitude, such as the Lake Titicaca region, [...]

Lima stock exchange back in the black, with furious trading and staggering increases

In the first few hours of today’s trading on the Lima Stock Market (BVL), a powerful rallying of investors has led to an increase in the indices that effectively wipes away yesterday’s spectacular losses. By noon the General Index (IGRA or IGBVL) was up 7.26% on yesterday’s close, while the Selective Index (ISEL or ISBVL) [...]