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Peru’s Economic Growth Sees Unemployment Rate Fall

Peru’s Economic Growth Sees Unemployment Rate Fall

By Narayan Ammachchi Peru’s economic growth is being reflected by the decreasing unemployment rate in Lima, the national capital. The jobless rate in Lima, the major shareholder of the country’s commercial revenue, fell by 1% between 2012 and 2013, according to the ...

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EXL Teams up With Carvajal and Expands into Latin America

EXL Teams up With Carvajal and Expands into Latin America

By Narayan Ammachchi Global outsourcing firm EXL Services has expanded into Latin America by acquiring a majority stake in the BPO unit of Colombian technology services firm Carvajal Tecnologia y Servicios. The two companies have also announced plans to work together with the ...

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Moody’s Upgrades Peru’s Credit Rating by Two Notches

Moody’s Upgrades Peru’s Credit Rating by Two Notches

By Narayan Ammachchi Credit rating agency Moody’s has raised Peru’s sovereign rating by two notches –from Baa2 to to A3 – saying it believes the country’s recent economic reforms will bring in more investment and strengthen the government’s balance sheet. ...

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