The warming of the sea is already altering the availability of some species and forcing seafood restaurants to diversify suppliers, adapt their menus, and absorb higher costs. In some cases, the purchase volume has dropped by up to 10% and the prices of certain products have risen by up to 25%.
“The State has an enormous responsibility, but it cannot work alone,” says José Luis Rivera y Piérola, CEO of Circus Grey.
Under exceptional and temporary circumstances that may temporarily affect the payment capacity of debtor members of Savings and Credit Cooperatives Not Authorized to Collect Public Funds (Coopac) with good credit behavior, the Superintendency of Banking, Insurance and AFP (SBS) reported that Coopac are authorized to modify the original contract conditions, adapting them to the new expected income flows of the debtor member.
Companies are preparing to avoid breaking the supply chain ahead of the upcoming weather event. According to experts, although companies and SMEs are better prepared than in 2017, challenges still exist. The logistics cost for Peruvian companies amounts, on average, to a range between 16% and 21% of their sales.