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  • Pacasmayo, Unacem boost cement sales

    Peruvian cement producers Cementos Pacasmayo and Unacem posted rising cement sales in 2018. Pacasmayo posted a 75.1mn-sol (US$25mn) profit for the full year 2018 compared with an 80.6mn-sol profit a year earlier even as sales rose...

  • ICT: The week in 10 stories

    CUBA State-owned teleco Etecsa is rolling out mobile internet to prepaid customers after several months of tests and limited deployment to contract users, a company executive told local media. BRAZIL Huawei opened an internet ...

  • ICT: The week in 10 stories

    ARGENTINA Overall 76 internet service providers (ISPs) have expressed interest to provide mobile telephony and broadband services in the 450MHz frequency to thousands of rural localities in the country. BRAZIL Yet another...

  • Peru's Luz del Sur raises US$50mn

    Peruvian power distributor Luz del Sur placed 10-year bonds for 167mn soles (US$50mn) at an interest rate of 7%. Demand for the A series bonds, the seventh issue of the utility's third corporate bond program, was 386mn soles, the...

  • Peru amends insurer investment rules

    Peru's financial services watchdog SBS has amended investment rules that apply to insurance companies. The aim is to help enhance risk management, SBS said in a statement. Under the amended framework, insurers are authorized to...