Peru enacts investment law for high Andes areas

President Alan Garcia is scheduled to be in the central Andean valley of Jauja early today, to sign the enactment of a law that encourages investment in the high Andes. The law provides a series of tax and tariff incentives and exemptions for an initial period of 10 years to businesses that open and provide [...]

Peruvian civil defense rushes aid to thousands hit by heavy rains and flooding

The National Institute for Civil Defense, Indeci, has provided more than 108 tons of goods to help some 45,000 people in Peru as torrential rains continue to cause havoc throughout the country. About half way through the rainy season, the storms have caused floods and landslides, or “huaycos” as they are known in Peru, that [...]