The government plans a stimulus package equivalent to $5.2 billion to offset the impact of El Niño, high oil prices and financing costs, says Finance Minister
Category: Peru
Posted inDaily Brief
XTransfer starts Latin America buildout
Chinese payments platform expects Latin America to account for a bigger share of its business starting this year after it branched into Mexico and Brazil, exec says
Posted inDaily Brief
Bci Group to sell new shares
Chilean financial group is seeking to expand its business, including via its US branch
Posted inDaily Brief
Peru’s Grupo El Comercio changes hands
Inversiones Newscorp and businessman Emilio Rodríguez acquire a combined 62.9% stake in the country’s top media group
Posted inDaily Brief
IDB, Peru’s BCP price global notes
Latin American development bank prices FRNs, as Banco de Crédito issues international bonds for the first time this year
Posted inDaily Brief
Inchcape buys car ops in Peru, Costa Rica
London-based distributor and retailer acquires Volvo and Jaguar Land Rover retail businesses from Chile’s Gildemeister
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BTG expands in Peru
Brazilian bank receives a full banking license to operate in Latin America’s sixth-largest economy
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Latin America’s rates may diverge as Fed hikes begin
The region’s central bankers may make minor rate hike or delay cuts as inflation risks reemerge
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Petroperú, Siderperú secure loans
Peruvian oil company and steelmaker tap commercial banks for coin to support their operations
Posted inDaily Brief
Actis eyes M&A as part of LatAm energy push
UK-based investor plans to expand its footprint in Mexico, Brazil and the Andean region, executive says