Peru’s GDP expands by 7.35 percent in April

Peru’s gross domestic product expanded by 7.35 percent in April compared to the same month last year, national statistics and information bureau INEI reported. Peru’s economy has grown for 20 consecutive months and climbed 8.31 percent higher in the first four months of 2011 compared to the year-ago period, state news agency Andina reported. The [...]

Peru’s GDP shows 10.02 percent growth in January

Peru’s economy maintained its strong growth rate in January climbing 10.02 percent compared to the same month in 2010, the national statistics and information bureau, INEI, reported. The fishing industry saw the biggest growth in the month and expanded 26.5 percent thanks to a 29.5 percent jump in maritime fishing. Inland fishing fell 2.48 percent, [...]

INEI: Peru’s economy up 3.63 percent in January

Peru’s economy grew by 3.63 percent in January compared to the same month in 2009, the National Statistics and Information Institute, or INEI, said in a statement. The increase in Peru’s gross domestic product was led by the country’s construction sector, which expanded by 10.17 percent. Construction’s growth in January was due to a strong [...]

Peru government prohibits extraction of paiche from Ucayali’s Imiría Lake for next 10 years

Peru has prohibited the extraction of paiche and other fish from Ucayali’s Imiría and Chauya Lakes until 2019, reported state news agency Andina on Thursday. The regulation, published today in official state daily El Peruano, is applicable only to commercial extraction, and not to subsistence fishing. As one of the largest freshwater fishes in the [...]

Archaeologists uncover 5,500-year-old Peruvian ruins

A team of Peruvian and German archeologists have dated ruins in northern Peru to 5,500-years-old, making it one of the oldest structures in the Americas, El Comercio reported. The archaeologists confirmed the antiquity of the stone and adobe structures in the Sechín Bajo archaeological complex, located close to the coastal city of Casma, in Ancash [...]

Chilean court fines Peru fishing ship $120,000

A Chilean court has fined a Peruvian company $120,000 after one of its ships was allegedly caught fishing in Chilean waters last week. The Los Halcones company was given the fine by the Fourth Court in the Chilean port city of Arica, about 11 miles south of the Peruvian border, daily El Comercio reported. The [...]

Chilean navy seizes Peruvian fishing vessel and its crew in disputed maritime territory

The Chilean Navy has seized a Peruvian ship and 16 of its crew for fishing for anchovy allegedly in Chilean waters on Thursday. The Peruvian fishermen were arrested and transported to the Chilean port city of Arica, about 11 miles south of the Peruvian border, Radio Programas radio reported. According to Radio Programas, the fishermen [...]