Post Tagged with: "global financial crisis"

Peruvian luxury hotels lower rates by up to 50 percent

As a result of the global financial crisis and in an attempt to stimulate demand throughout months that are usually considered Peru’s “peak tourist season,” the price of numerous luxury hotel rooms and flights has been sharply reduced in the Andean country. “This is an indication that the crisis is […]

by · July 17, 2009 · 0 comments · Business, Exploration, Travel/Tourism

Getulio Vargas Foundation: Peru has region’s best “economic climate”

Peru has the region’s best “economic climate” in Latin America, according to a report published by Brazil’s Getulio Vargas Foundation, or FGV. According to the report, Latin America’s Economic Climate Index, or ECI, surged from 2.9 points in January to 3.6 points in April 2009. The jump, according to FGV […]

by · May 20, 2009 · 0 comments · Business, Commerce

Alan García: Peru will beat global financial crisis by the end of 2009

Peruvians, working together, will beat the global financial crisis by the end of 2009, said Peru President Alan García on Tuesday. “We’re on the right track, our nation is moving forward, and you get rest assured that, of all the countries affected by the crisis, our country will save itself […]

by · May 13, 2009 · 0 comments · Business, Politics

Peru Congress seeks to mitigate effects of financial crisis, cuts taxes on workers’ bonuses for next two years

Hoping to mitigate the effects of the global financial crisis, Peru’s Congress has voted to eliminate all taxes on workers’ bonuses for the next two years. Peru President Alan Garcia is expected to sign the decree into law today, May 1, for International Workers’ Day. Peruvian workers typically receive bonuses […]

by · May 1, 2009 · 0 comments · Business, Commerce, Law & Justice, Lima, Politics