IBOV 175,963 ▼ 1.07% IPSA 10,950 ▼ 0.96% IPC MEX 65,928 ▼ 0.85% MERVAL 3,260,164 ▼ 0.61% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,917.82 ▼ 0.73% USD/BRL5.13▲ 0.43% USD/MXN17.52▲ 0.30% USD/CLP931.83▲ 0.75% USD/COP3,242▼ 0.11% USD/PEN3.41▲ 0.49% USD/ARS1,482▼ 0.37% USD/UYU 40.22 — 0.00% USD/PYG6,045▼ 0.17% USD/BOB10.35▲ 2.07% USD/DOP58.30▼ 0.31% USD/CRC448.53▼ 0.06% USD/GTQ7.62▼ 0.10% USD/HNL26.73▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▼ 0.70% USD/TTD6.74▼ 0.12% EUR/BRL5.84▲ 0.35% BRENT 82.88 ▲ 9.04% WTI 77.71 ▲ 8.82% IRON ORE 161.91 — — COPPER 6.28 ▲ 0.70% GOLD 4,005 ▼ 2.41% SILVER 57.82 ▼ 3.33% SOY 1,194 ▼ 0.25% CORN 463.00 ▲ 5.71% WHEAT 635.25 ▲ 0.51% COFFEE 330.50 ▼ 3.64% SUGAR 14.76 ▼ 0.81% ORANGE JUICE 137.15 ▼ 7.24% COTTON 81.49 ▲ 1.96% COCOA 5,808 ▼ 1.88% BEEF 234.95 ▼ 0.11% CATTLE 354.20 ▼ 0.11% LITHIUM 70.13 ▼ 3.03% PETR4 40.79 ▲ 2.88% VALE3 72.66 ▼ 2.05% ITUB4 43.65 ▼ 1.47% BBDC4 18.76 ▼ 0.53% ABEV3 15.84 ▲ 0.13% BBAS3 20.26 ▼ 1.55% B3SA3 15.07 ▼ 2.27% WEGE3 44.61 ▼ 4.09% PRIO3 57.14 ▲ 3.05% SUZB3 41.59 ▲ 0.10% RENT3 40.17 ▼ 2.26% AZZA3 19.23 ▲ 0.68% CSAN3 3.93 ▼ 3.44% RAIZ4 0.33 ▼ 5.71% PCAR3 2.61 ▼ 4.40% GMAT3 3.96 ▼ 0.25% PSSA3 54.04 ▼ 1.69% CVCB3 1.24 ▼ 0.80% POSI3 3.94 ▼ 0.76% SLCE3 13.88 ▼ 1.00% NATU3 8.66 ▼ 0.23% BRKM5 6.82 ▲ 2.87% RANI3 7.96 ▼ 0.62% CSNA3 5.25 ▲ 1.35% CMIN3 5.47 ▲ 4.59% USIM5 8.40 ▼ 0.59% GGBR4 22.93 ▼ 0.35% ENEV3 27.01 ▼ 1.96% CPFE3 46.97 ▼ 1.88% CMIG4 11.09 ▼ 2.55% EQTL3 40.17 ▼ 1.81% LREN3 14.24 ▼ 2.60% VIVT3 35.02 ▼ 2.04% RAIL3 14.08 ▼ 1.95% KLABIN 17.54 — 0.00% RAIA DROGASIL 18.30 ▼ 2.50% RDOR3 35.57 ▼ 1.25% HAPV3 10.45 ▼ 1.42% FLRY3 16.26 ▼ 0.97% SMTO3 16.55 ▲ 1.10% UGPA3 31.00 ▲ 0.94% VBBR3 32.80 ▼ 0.61% BBSE3 40.31 ▼ 0.10% BPAC11 57.82 ▼ 1.55% CURY3 33.50 ▼ 2.08% AERI3 2.08 ▼ 0.48% VIVARA 23.16 ▼ 1.57% COMPASS 24.79 ▼ 2.78% VAMOS 3.02 ▼ 1.31% SANB11 27.21 ▼ 1.48% ASAI3 8.69 ▼ 2.03% SBSP3 30.35 ▼ 2.44% WALMEX 49.58 ▲ 0.53% GMEXICO 195.10 ▼ 2.07% FEMSA 224.45 ▲ 0.51% CEMEX 21.63 ▼ 1.05% GFNORTE 182.42 ▼ 2.23% BIMBO 55.93 ▼ 0.30% TELEVISA 9.64 ▼ 0.93% AMX 22.83 ▲ 0.57% GAP 408.44 ▼ 0.98% ASUR 278.30 ▼ 2.39% OMA 233.02 ▼ 1.46% KOF 180.86 ▲ 0.40% GRUMA 283.07 ▼ 0.17% KIMBER 38.24 ▲ 0.45% SQM-B 67,262 ▼ 0.72% COPEC 6,109 ▼ 0.49% BSANTANDER 77.78 ▼ 1.54% FALABELLA 5,911 ▲ 0.10% ENELAM 84.77 ▼ 0.74% CENCOSUD 2,037 ▼ 0.40% CMPC 1,084 ▼ 2.29% BANCO CHILE 184.33 ▼ 2.41% LATAM AIR 25.17 ▼ 4.15% YPF 77,250 ▲ 3.83% GGAL 8,190 ▼ 1.74% PAMPA 5,290 ▲ 2.12% TXAR 664.00 ▼ 1.04% ALUAR 963.00 ▼ 1.28% TGS 9,605 ▲ 0.10% CEPU 2,345 ▼ 2.13% MIRGOR 17,025 ▼ 1.30% COME 44.89 ▼ 2.22% LOMA NEGRA 3,500 ▼ 2.30% BYMA 310.00 ▼ 1.27% TELECOM ARG 4,250 ▲ 0.12% ECOPETROL 15.88 ▲ 1.93% BANCOLOMBIA 81.23 ▼ 2.08% GRUPO AVAL 4.92 ▼ 2.96% CREDICORP 389.30 ▼ 2.87% SOUTHERN COPPER 174.32 ▼ 0.86% BUENAVENTURA 29.83 ▼ 0.58% MERCADOLIBRE 1,872 ▲ 1.09% NUBANK 13.71 ▼ 0.36% XP 16.36 ▼ 3.31% PAGSEGURO 9.25 — 0.00% STONE 11.14 ▼ 0.67% GLOBANT 31.93 ▲ 6.58% TECNOGLASS 42.94 ▼ 2.19% GAP AIRPORT 233.13 ▼ 1.07% ASUR 278.30 ▼ 2.39% OMA AIRPORT 106.11 ▼ 1.79% AMX ADR 26.01 — 0.00% FEMSA ADR 128.39 ▲ 0.57% CEMEX ADR 12.35 ▼ 1.08% PETROBRAS ADR 17.87 ▲ 3.15% VALE ADR 14.12 ▼ 2.39% ITAU ADR 8.50 ▼ 1.39% SANTANDER BR 5.33 ▼ 1.21% AMBEV ADR 3.07 ▼ 0.16% CSN 1.03 ▲ 1.49% GERDAU 4.47 ▼ 0.62% LATAM ADR 53.73 ▼ 4.82% BTC 61,976 ▼ 2.79% ETH 1,765 ▼ 2.26% SOL 74.78 ▼ 2.72% XRP 1.06 ▼ 2.20% BNB 564.11 ▼ 1.71% ADA 0.16 ▼ 3.00% DOGE 0.07 ▼ 1.75% AVAX 6.44 ▲ 0.59% LINK 7.86 ▼ 1.68% DOT 0.83 ▼ 1.56% LTC 43.16 ▼ 1.84% BCH 235.57 ▼ 1.83% TRX 0.33 ▼ 1.74% XLM 0.18 ▼ 2.67% HBAR 0.07 ▼ 1.87% NEAR 1.89 ▼ 0.03% ATOM 1.54 ▼ 1.86% AAVE 94.54 ▼ 2.60% SELIC 14.25% EMBRAER 82.66 ▼ 2.29% EMBRAER ADR 64.47 ▼ 2.33% JBS 11.79 ▼ 1.05% JBS BDR 60.27 ▼ 0.84% MBRF3 15.93 ▲ 2.44% MBRFY 3.07 ▲ 1.66% INTER 5.62 ▼ 3.44% EGX 52,608 ▲ 0.67% USD/ZAR16.45▲ 0.79% USD/NGN1,378▼ 0.05% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,211 ▲ 0.02% KOSPI 6,807 ▼ 8.95% JCI 6,038 ▲ 1.92% USD/JPY162.43▲ 0.44% USD/CNY6.77▼ 0.09% DAX 25,114 ▲ 0.19% CAC 8,365 ▲ 0.31% FTSE 10,498 ▲ 0.01% MIB 52,809 ▲ 0.37% IBEX 19,336 ▼ 0.25% STOXX 641.01 ▼ 0.01% EUR/USD1.14▼ 0.12% GBP/USD1.34▼ 0.25% SPX 7,521 ▼ 0.71% DJI 52,493 ▼ 0.27% NDX 29,284 ▼ 1.82% RUT 2,952 ▼ 0.86% TSX 35,236 ▼ 0.20% VIX 16.93 ▲ 12.64% USD/CAD1.42▼ 0.03% US10Y 4.6120 ▲ 0.94% IBOV 175,963 ▼ 1.07% IPSA 10,950 ▼ 0.96% IPC MEX 65,928 ▼ 0.85% MERVAL 3,260,164 ▼ 0.61% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,917.82 ▼ 0.73% USD/BRL 5.13 ▲ 0.44% USD/MXN 17.52 ▲ 0.30% USD/CLP 931.83 ▲ 0.75% USD/COP 3,242 ▼ 0.11% USD/PEN 3.41 ▲ 0.49% USD/ARS 1,482 ▼ 0.37% USD/UYU 40.22 — 0.00% USD/PYG 6,045 ▼ 0.17% USD/BOB 10.35 ▲ 2.07% USD/DOP 58.30 ▼ 0.31% USD/CRC 448.53 ▼ 0.06% USD/GTQ 7.62 ▼ 0.10% USD/HNL 26.73 ▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES 719.54 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▼ 0.30% USD/TTD 6.74 ▲ 1.31% EUR/BRL 5.84 ▲ 0.35% BRENT 82.88 ▲ 9.04% WTI 77.71 ▲ 8.82% IRON ORE 161.91 — — COPPER 6.28 ▲ 0.70% GOLD 4,005 ▼ 2.41% SILVER 57.82 ▼ 3.33% SOY 1,194 ▼ 0.25% CORN 463.00 ▲ 5.71% WHEAT 635.25 ▲ 0.51% COFFEE 330.50 ▼ 3.64% SUGAR 14.76 ▼ 0.81% ORANGE JUICE 137.15 ▼ 7.24% COTTON 81.49 ▲ 1.96% COCOA 5,808 ▼ 1.88% BEEF 234.95 ▼ 0.11% CATTLE 354.20 ▼ 0.11% LITHIUM 70.13 ▼ 3.03% PETR4 40.79 ▲ 2.88% VALE3 72.66 ▼ 2.05% ITUB4 43.65 ▼ 1.47% BBDC4 18.76 ▼ 0.53% ABEV3 15.84 ▲ 0.13% BBAS3 20.26 ▼ 1.55% B3SA3 15.07 ▼ 2.27% WEGE3 44.61 ▼ 4.09% PRIO3 57.14 ▲ 3.05% SUZB3 41.59 ▲ 0.10% RENT3 40.17 ▼ 2.26% AZZA3 19.23 ▲ 0.68% CSAN3 3.93 ▼ 3.44% RAIZ4 0.33 ▼ 5.71% PCAR3 2.61 ▼ 4.40% GMAT3 3.96 ▼ 0.25% PSSA3 54.04 ▼ 1.69% CVCB3 1.24 ▼ 0.80% POSI3 3.94 ▼ 0.76% SLCE3 13.88 ▼ 1.00% NATU3 8.66 ▼ 0.23% BRKM5 6.82 ▲ 2.87% RANI3 7.96 ▼ 0.62% CSNA3 5.25 ▲ 1.35% CMIN3 5.47 ▲ 4.59% USIM5 8.40 ▼ 0.59% GGBR4 22.93 ▼ 0.35% ENEV3 27.01 ▼ 1.96% CPFE3 46.97 ▼ 1.88% CMIG4 11.09 ▼ 2.55% EQTL3 40.17 ▼ 1.81% LREN3 14.24 ▼ 2.60% VIVT3 35.02 ▼ 2.04% RAIL3 14.08 ▼ 1.95% KLABIN 17.54 — 0.00% RAIA DROGASIL 18.30 ▼ 2.50% RDOR3 35.57 ▼ 1.25% HAPV3 10.45 ▼ 1.42% FLRY3 16.26 ▼ 0.97% SMTO3 16.55 ▲ 1.10% UGPA3 31.00 ▲ 0.94% VBBR3 32.80 ▼ 0.61% BBSE3 40.31 ▼ 0.10% BPAC11 57.82 ▼ 1.55% CURY3 33.50 ▼ 2.08% AERI3 2.08 ▼ 0.48% VIVARA 23.16 ▼ 1.57% COMPASS 24.79 ▼ 2.78% VAMOS 3.02 ▼ 1.31% SANB11 27.21 ▼ 1.48% ASAI3 8.69 ▼ 2.03% SBSP3 30.35 ▼ 2.44% WALMEX 49.58 ▲ 0.53% GMEXICO 195.10 ▼ 2.07% FEMSA 224.45 ▲ 0.51% CEMEX 21.63 ▼ 1.05% GFNORTE 182.42 ▼ 2.23% BIMBO 55.93 ▼ 0.30% TELEVISA 9.64 ▼ 0.93% AMX 22.83 ▲ 0.57% GAP 408.44 ▼ 0.98% ASUR 278.30 ▼ 2.39% OMA 233.02 ▼ 1.46% KOF 180.86 ▲ 0.40% GRUMA 283.07 ▼ 0.17% KIMBER 38.24 ▲ 0.45% SQM-B 67,262 ▼ 0.72% COPEC 6,109 ▼ 0.49% BSANTANDER 77.78 ▼ 1.54% FALABELLA 5,911 ▲ 0.10% ENELAM 84.77 ▼ 0.74% CENCOSUD 2,037 ▼ 0.40% CMPC 1,084 ▼ 2.29% BANCO CHILE 184.33 ▼ 2.41% LATAM AIR 25.17 ▼ 4.15% YPF 77,250 ▲ 3.83% GGAL 8,190 ▼ 1.74% PAMPA 5,290 ▲ 2.12% TXAR 664.00 ▼ 1.04% ALUAR 963.00 ▼ 1.28% TGS 9,605 ▲ 0.10% CEPU 2,345 ▼ 2.13% MIRGOR 17,025 ▼ 1.30% COME 44.89 ▼ 2.22% LOMA NEGRA 3,500 ▼ 2.30% BYMA 310.00 ▼ 1.27% TELECOM ARG 4,250 ▲ 0.12% ECOPETROL 15.88 ▲ 1.93% BANCOLOMBIA 81.23 ▼ 2.08% GRUPO AVAL 4.92 ▼ 2.96% CREDICORP 389.30 ▼ 2.87% SOUTHERN COPPER 174.32 ▼ 0.86% BUENAVENTURA 29.83 ▼ 0.58% MERCADOLIBRE 1,872 ▲ 1.09% NUBANK 13.71 ▼ 0.36% XP 16.36 ▼ 3.31% PAGSEGURO 9.25 — 0.00% STONE 11.14 ▼ 0.67% GLOBANT 31.93 ▲ 6.58% TECNOGLASS 42.94 ▼ 2.19% GAP AIRPORT 233.13 ▼ 1.07% ASUR 278.30 ▼ 2.39% OMA AIRPORT 106.11 ▼ 1.79% AMX ADR 26.01 — 0.00% FEMSA ADR 128.39 ▲ 0.57% CEMEX ADR 12.35 ▼ 1.08% PETROBRAS ADR 17.87 ▲ 3.15% VALE ADR 14.12 ▼ 2.39% ITAU ADR 8.50 ▼ 1.39% SANTANDER BR 5.33 ▼ 1.21% AMBEV ADR 3.07 ▼ 0.16% CSN 1.03 ▲ 1.49% GERDAU 4.47 ▼ 0.62% LATAM ADR 53.73 ▼ 4.82% BTC 61,976 ▼ 2.79% ETH 1,765 ▼ 2.26% SOL 74.78 ▼ 2.72% XRP 1.06 ▼ 2.20% BNB 564.11 ▼ 1.71% ADA 0.16 ▼ 3.00% DOGE 0.07 ▼ 1.75% AVAX 6.44 ▲ 0.59% LINK 7.86 ▼ 1.68% DOT 0.83 ▼ 1.56% LTC 43.16 ▼ 1.84% BCH 235.57 ▼ 1.83% TRX 0.33 ▼ 1.74% XLM 0.18 ▼ 2.67% HBAR 0.07 ▼ 1.87% NEAR 1.89 ▼ 0.03% ATOM 1.54 ▼ 1.86% AAVE 94.54 ▼ 2.60% SELIC 14.25% EMBRAER 82.66 ▼ 2.29% EMBRAER ADR 64.47 ▼ 2.33% JBS 11.79 ▼ 1.05% JBS BDR 60.27 ▼ 0.84% MBRF3 15.93 ▲ 2.44% MBRFY 3.07 ▲ 1.66% INTER 5.62 ▼ 3.44% EGX 52,608 ▲ 0.67% USD/ZAR 16.44 ▲ 0.56% USD/NGN 1,378 ▲ 0.15% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,211 ▲ 0.02% KOSPI 6,807 ▼ 8.95% JCI 6,038 ▲ 1.92% USD/JPY 162.36 ▲ 0.42% USD/CNY 6.7709 ▲ 0.06% DAX 25,114 ▲ 0.19% CAC 8,365 ▲ 0.31% FTSE 10,498 ▲ 0.01% MIB 52,809 ▲ 0.37% IBEX 19,336 ▼ 0.25% STOXX 641.01 ▼ 0.01% EUR/USD 1.1391 ▼ 0.25% GBP/USD 1.3361 ▼ 0.28% SPX 7,521 ▼ 0.71% DJI 52,493 ▼ 0.27% NDX 29,284 ▼ 1.82% RUT 2,952 ▼ 0.86% TSX 35,236 ▼ 0.20% VIX 16.93 ▲ 12.64% USD/CAD 1.4150 ▼ 0.01% US10Y 4.6120 ▲ 0.94%
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Regional Latin America

Peru’s famous chefs seek bailout as pandemic shutters restaurants

By · February 17, 2021 · 2 min read

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RIO DE JANEIRO, BRAZIL – Lima’s famous Central restaurant, home to some of Peru’s most succulent cuisine and an earthy aroma that includes more than one hundred Andean spices and varieties of corn, recently closed its doors to the public amid a fierce second wave of COVID-19 infections.

Staff prepare dishes at restaurant Central in Lima, Peru January 28, 2021. Picture taken January 28, 2021. REUTERS/Angela Ponce
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Coronavirus cases have spiked in Peru this year, bringing hospitals and the country’s ailing healthcare system to the brink of collapse, forcing fresh lockdowns in the culinary capital of Lima.

Peruvian chefs and restaurant owners say a months-long quarantine in 2020, combined with lingering border closures and curfews are strangling the flow of tourists they need to prosper, threatening the country’s famed gastronomic heritage.

“A very long quarantine is going to leave us in the red,” Central owner Virgilio Martínez told Reuters, as his chefs sliced olluco, oca and mashua, medicinal plants from the Andes mountains.

Martínez was already forced to shutter another of his restaurants, Mil, in Cuzco, alongside the archaeological remains of Moray, an Incan agricultural research center more than 500 years old. He has also put off the opening of restaurants in Moscow and Tokyo, he said.

Gastronomy is an integral facet of the Peruvian identity and a long-time source of national pride. Signature dishes, from lemon-kissed fish ceviche to “jumping lomo,” a beef recipe with Asian flair, have traveled the world for decades.

Many top chefs say the government must act now to save this legacy and help the industry bounce back.

“If the government doesn’t give some kind of bailout, I believe half the restaurants will go bankrupt in the next 30 days, and the other half in the next six months,” said chef Alfredo Aramburú, owner of the Cala restaurant, which overlooks the Pacific Ocean in Barranco.

Some now peddle their cuisine at home by delivery, but the effect is not the same – nor is the bottom line, they say. To-go orders represent just 15% of their income, they said.

According to the Union of Restaurant Guilds of Peru, the pandemic has shuttered 70,000 of Peru’s 200,000 restaurants, taking 350,000 jobs with them.

“The restaurants that have still been able to survive are in tough shape and need the government to act,” a spokesman for the private restaurant union told Reuters.

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