Posts Tagged ‘business’
Pineapples – Panama’s next claim to fame
Saturday, April 4, 2009 13:47 No CommentsPanama’s pineapple products and market continue to enjoy increased popularity and demand from the international markets. Pineapples accounted for 35% of domestic fruits sold abroad, from a total worth $120 million. The pineapple demand fluctuates quite regularly, with the highest demand being experienced over the Easter and Christmas periods. Most pineapples are grown within the [...]
Panama Tops in low cost cargo moving
Friday, April 3, 2009 14:51 No CommentsPanama is below that of the region average in terms of the costs of moving cargo, making the country very attractive in terms of the logistics and supply chains fields. Panama’s logistics companies have an average overhead cost of 12, 4% in comparison to the regional average of 14,7%.
The results were according to a survey [...]
Brazil’s Galores to Invest $30 million in Panama
Friday, March 20, 2009 8:34 No CommentsGalores Logisitics, a Barzilian logistics firm will invest $30 million in Panama in the form of 5 logisitic and distribution centers across Panama. According to the general director of Galores, the company will implement state of the art refrigeration technology that will provide the opportunity to allow the company to offer a complete service with [...]
Panama’s globalization shines through
Thursday, December 11, 2008 10:36 No CommentsThe fact that Panama is one of the most globalized countries in Latin America ensures that, unlike other countries that are mostly dependent on the recession hit United States, trade will be less affected by these economic downturns.
If one compares Panama to Venezuela, who is highly dependent upon oil exports to the United States, the [...]
Petaquilla Project to Continue
Thursday, November 27, 2008 16:45 No CommentsThe Copper project in Petaquilla is set to continue, according to Inmet Mining Corporation, in a press release last week. The permitting phase is underway and the full construction will be based on a metal price decision at the time of proceeding.
The CEO of Inmet, Jochen Tilk, has spoken of the inherent value to be [...]
Establishing a Business in Panama
Saturday, November 15, 2008 12:48 1 CommentIf you are looking to establish a business in Panama, you will have to operate through a local agent, as well as a licensed Panama Attorney. The formation of a corporation entails the filing of the application with the public registry, which is administered by the government of Panama. A minimum of two natural persons [...]
Panama’s Hydro-power Potential
Friday, October 17, 2008 11:14 1 CommentAlstom reinforces global footprint in Portugal and Panama with new hydro-power contracts.
Alstom has signed two hydro-power contracts, reconfirming its place as the leader in hydroelectricity. They have over a century of attained know-how and now supplies roughly 25% of hydro-power from a mounted base of 400 GW of generators and turbines globally.
Alstom Hydro, in association [...]
