Petroperú’s board of directors agreed, during the last session on Wednesday, April 5, to send a “notification to Perupetro“in which it will request that the qualification of Altamesa Energy Canada Inc. begin in order to achieve the incorporation of the latter as a strategic partner to the License Agreement for the exploitation of Hydrocarbons in […]
Tag: investments
MEF: public investment execution broke record in first quarter
The Minister of Economy and Finance, Alex Contreraspointed out that S / 7,018 million in public investment were executed, 15.8% more than the average seen in the last five years and “well above” the level prior to the coronavirus. “It is the first time that, with new authorities in the national, regional and local government, […]
Municipal savings banks ask the Government for S/1,000 million for loans
The municipal savings banks are asking the central government for economic strengthening with the aim of offering more loans to micro-entrepreneurs seeking economic reactivation. John Sarmiento Tupayachi, manager of Corporate Services of the Peruvian Federation of Municipal Savings and Credit Banks (FEPCMAC), told La República yesterday that the request was made to the president Dina […]
Minister Alex Contreras: “A shock is coming to eliminate mining permits”
The Minister of Economy and Finance, Alex Contrerasinformed that the Peruvian Government will seek to expedite and reduce procedures for mining exploration and exploitation, according to the conclusions obtained during the most important mining convention in the world, PDAC 2023, organized in Canada. In a dialogue with Radio Nacional, the head of the MEF stated […]
The hydrogen sector attracts massive investment in the US
Source of renewable energy and storable, the hydrogen attracts projects and massive investments in USAa sector relaunched by the administration Biden after years of slow growth. “America came out of nowhere and is now in the lead”Mark Hutchinson, CEO of Fortescue Future Industries, said of America’s rise in renewables in general and hydrogen in particular, […]
SVB joint venture in China says its operations are “solid”
The joint venture that the collapsed US bank Silicon Valley Bank (SVB) It has in China assured this weekend that it has always operated in a “regulated and solid” manner in accordance with the regulations of the Asian country. The SPD Silicon Valley Bank (SSVB) founded in 2012 together with the state-owned Shanghai Pudong Development […]
ECB: Green debt purchases have little effect on pollution
purchases of green debt have little effect on eurozone and global pollution, according to a report from the European Central Bank (ECB)but they can accelerate investments in technologies for ecological transformation. In a study published Monday, ECB economists Alessandro Ferrari and Valerio Nispi Landi examine whether central bank purchases of green debt contribute to reducing […]
Only 23% of Peruvians consider making an investment in the short term
“For Peruvians, businesses continue to be the first investment option (54%) if they had available capital,” says a specialist. Despite the fact that 53% of Peruvians still do not have any investment, more than half of the population (59%) believe that it is at least “somewhat probable” to invest in the short term. The most […]
Cajamarca, Apurímac and Arequipa lead mining investments in 2023
The Minem detailed that there are 47 mining projects in 18 regions, which imply a joint investment of US$53,715 million. According to the Portfolio of Mining Investment Projects 2023, prepared by the Ministry of Energy and Mines (Minem), there are 47 mining projects in 18 regions that involve a investment of US$53,715 million, with Cajamarca, […]
Julio Velarde: “Private investment remains extremely strong”
As every three months, the Central Reserve Bank of Peru (BCRP) yesterday updated its projections on economic activity and maintained its growth estimates for Gross Domestic Product (GDP) for this year at 3.4% and 3.2% for 2023. However, the monetary entity warned that the figures given are with a greater degree of uncertainty as a […]