Following a campaign laden with promises of social inclusion, President Ollanta Humala’s administration has already begun fulfilling some of them. Having gained legislative approval to establish the Ministry of Development and Social Inclusion only weeks after taking office in August 2011, Humala turned his sights to renegotiating royalties...
Regional integration is a theme of growing importance for Peru and its Pacific coast neighbours. As Brazil seeks to solidify its position as the South American superpower, the continent’s smaller economies have found that the best way to compete is by working together. This is particularly true in the case of Chile, Colombia and Peru. In May 2011...
As of December 2011, foreign direct investment (FDI) in Peru was up 2.54% over the year prior. While Spain topped the charts as a lead investor in 2011 and mining activities were the primary recipient of FDI, going forward leaders from both the public and private sectors hope to attract a growing number of international investors to participate in...
Significant growth has been achieved in the banking sector over the last several years as more and more low- and middle-income Peruvians gained access to an increasing number of financial products specifically tailored to suit their needs and incomes. According to statistics published by the Superintendency of Banking, Insurance and Private Pension...
THE COMPANY: Alicorp is the leading consumer goods company of branded products in Peru. It is based in Peru with operations in Argentina, Colombia and Ecuador. Alicorp is listed on the Lima Stock Exchange, and represents 1.68% of the exchange’s total market capitalisation. The company has 106 family...
Given impressive growth figures and high profit margins, a number of international banks have expressed their interest in entering the domestic market. For the moment, however, the country’s banking sector is a consolidated one. While there are 15 banks, a significant majority of the sector’s assets are held by the “big four”, which together account...
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