Living in Peru : your everyday companion

LivinginPeru.com
Isabel Guerra

Tech company Microsoft Peru reported that it will invest US $500,000 dollars in the implementation of a comprehensive marketing strategy that will allow the decentralization of its operations, and to double the amount of business in provinces during the first year.

"Today we have a plan for investment in provinces, totally focused in expanding our business. This project is a long term one, "said Regions Development Manager of Microsoft Peru, Rony Goldenstein.

He explained that the goal is to promote the growth of a business ecosystem of partners in the regions, generating development for the sector of local information technology.

Microsoft does not sell directly their solutions but also develops a sales channels or local business partners.

Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.

LivinginPeru.com
Isabel Guerra

The Head of Peru's Bank, Insurance and Fund Administrators (SBS), Felipe Tam, reported that the Chilean company Cencosud, owner of Wong Supermarkets, may be operating in the Peruvian banking market by 2010, through Banco Paris.

Tam had a meeting with some Cencosud executives before participating in the Hemispheric Insurance XXXII Conference in Las Vegas (USA), to begin this process.

Cencosud, controlled by Horst Paulmann, would reportedly be operating in Peru in nine months, which would add to the Chilean banks Falabella and Ripley, which operate in the country along with their respective department stores in the country, Saga Falabella and Ripley.

"The interest of the Chilean business and financial sector is mainly due to the fact that they see a great potential market in Peru for the business of credit card financing," Tam said.

Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.

LivinginPeru.com
Isabel Guerra

Craftsmen from Lambayeque will present today their last collections of jewels and garments at the Sipán Center of Technological Touristic and Handicraft Innovation , at Pasarela Moche 2009.

This activity, organized by the Foreign Trade and Tourism Ministry and Cite Sipan, aims to promote products and garment made by craftsmen from Lambayeque.

Visitors will appreciate also, embroidery and native cotton knitting, paja palma macora and sheep wool by craftsmen from Eten, Monsefu, Chiclayo, Morrope, Ferreñafe, Incahuasi, Tucume, San Jose, Saltur and other cities in Lambayeque.

Pasarela Moche 2009 will be held at Gran Hotel Chiclayo.

Chiclayo City, capital of the Department of Lambayeque, is located 490 miles north of Lima.

Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.

LivinginPeru.com
Isabel Guerra

The Chilean department stores Ripley, with twelve branches in Peru, are looking forward to open two or three more branches in 2010, and then  another two every year, informed the company.

According to a master plan announced on its web page, the company won't open any branches in Chile over the next two years, aiming to concentrate their efforts in the Peruvian market, where 55,2 million dollars are expected to be invested.

From that amount, US $12,4 million dollars will be invested in new branches in 2010, and a similar amount in 2011.

Moreover, another US $16,4 million will be used for restoration of present branches and US $14 million for hiring new technologies.

Chiclayo is the city chosen for the new store to open at the end of present year.

Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.

LivinginPeru.com
Isabel Guerra

Some 20 countries have confirmed their presence in the upcoming International Fishing and Aquaculture Fair called Expo Pesca & Acuiperu 2009, to be held from November 12 to 14 in Lima, according to the event’s organizer, Thais Corporation.

It will take place at Jockey Plaza Conventions Center, and some of the participating countries are Argentina, Belgium, Brazil, Chile, China, Colombia, Korea, Denmark, Ecuador, Spain, United States, France, Ireland, Italy, Norway, Morocco, Uruguay, and Sweden.  

Expo Pesca is the only international fair specialized in fishing and aquaculture that takes place every two years in Peru since 2003, and this year's edition is expected to be visited by 14,000 people.

In addition, the fair expects to close deals over US $70 million dollars during the next 12 months.

Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.

LivinginPeru.com
Isabel Guerra

According to international reports, Peru's IT spending is forecast to remain in positive this years, due to double- digit PC sales growth.

Although Peru has one of the smaller IT markets in the Latin American region, its spending is projected to grow at a compound annual growth rate of 13% over the 2008-2013 period: total spending on IT products and services is forecast to pass US$1.8bn by 2013.

The low PC penetration rate (less than 200%) allows many to think there is a great potential market, and plenty of room for further development.

In addition, Peru's IT market appears better placed than most others in the region to withstand the current global economic headwinds: per capita IT spending is projected to grow to US$58 by 2013, from around US$38 in 2009.

Peru's government continues to focus on its agenda of information and communication technology for development, and another government priority is to strengthen the domestic software sector.

Software market leader Microsoft has predicted double-digit growth for Peruvian software sector sales this year, and in July 2009 said that it would strengthen its local operations.

Peru's software market is projected to be worth US$124mn in 2009, with the market reaching a value of US$210mn by 2013.

(Condensed from PRInside.com)

Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.

LivinginPeru.com
Isabel Guerra

Peru's Mining vice Minister, Fernando Gala, said that his sector expects that Doe Run Peru can resume operations during the first months of 2010.

According to La Republica, Jose Mogrovejo, vice Doe Run's vice President of Environmental Affairs, said the company hopes so too.

Last Friday, Doe Run's representatives and the workers agreed to continue in stand-by until they can restart operations.

The workers will continue to receive 65% of their monthly salaries until then.

In addition, Gala told the press that the Economy and Finance Ministry will request Doe Run Peru to present a 100% guarantee, along with letters of guarantee.

Doe Run has also committed to pay the workers their usual Christmas bonus in December.

Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.

LivinginPeru.com
Isabel Guerra

Cusco's Economic Development Manager (DD.EE) in Cuzco, Jean Paul Benavente, said that the investments in the construction of hotels is increasing every year by 13%.

But it's not only about building new hotels; this is also related to the remodeling and expansion of micro and small hotels that many Cuzco families run in Cusco region.

According to El Sol, a local newspaper, the Imperial City is concentrating the most of these investments, which will allow to enter the Asian tourists market and meet their demands.

This would also boost related business such as tourist agencies, restaurants, hotels and others.

According to statistics, Cusco hotel industry has mostly European investors, along with Chilean and others.

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Andina

Peruvian mango exports are expected to reach 80,000 metric tons (MT) in the 2009-2010 season if the current climate trends continue, said the Peruvian Association of Mango Producers and Exporters (APEM).

The APEM explained that this year’s weather conditions are favorable for the cultivation of Kent, Tommy A. and Haden mango varieties in the departments of Piura, Lambayeque and Ancash (Casma), respectively.

The weather conditions’ positive effect during May, June, July, August and September has been reflected in multiple blooms on almost all the mango varieties.

Due to the presence of two and even three blooming seasons well marked in Piura and, to a lesser extent, in the departments of Lambayeque and Ancash, we expect a longer harvest period from the second week of November until the second week of March, said the magazine AgroNegociosPerú.

In September, export-oriented mango plantations in San Lorenzo had a 17.66 percent blooming, presenting a 43.70 percent of fruit curd and a 34.01 percent of fruit filling, with a flower coverage of 95.36 percent.

Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.

LivinginPeru.com
Isabel Guerra

Peru hopes to obtain US$750 million annually from asparagus exports by 2015, said Peru's Foreign Trade Minister, Martin Perez.

During the closing ceremony of the 12th  International Asparagus Symposium, held in Lima, Perez pointed out that the industry of this agricultural product creates more than 65,000 jobs in Peru.

Peru, the number one exporter and the number two producer of asparagus in the world, produces 300,000 tons of this vegetable each year; and between January and September this year, exports reached US$251 million, according to the Peruvian Institute of Asparagus and Vegetables (IPEH by the initials in Spanish).

Last year, Peruvian asparagus exportations were worth US$450 millions, four times the value of other agricultural products sales, such as grapes or artichokes.

Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.