Posts Tagged ‘business’

Pineapples – Panama’s next claim to fame

Saturday, April 4, 2009 13:47 No Comments

Panama’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 [...]

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Panama Tops in low cost cargo moving

Friday, April 3, 2009 14:51 No Comments

Panama 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 [...]

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Brazil’s Galores to Invest $30 million in Panama

Friday, March 20, 2009 8:34 No Comments

Galores 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 [...]

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Panama’s globalization shines through

Thursday, December 11, 2008 10:36 No Comments

The 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 [...]

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Petaquilla Project to Continue

Thursday, November 27, 2008 16:45 No Comments

The 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 [...]

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Establishing a Business in Panama

Saturday, November 15, 2008 12:48 1 Comment

If 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 [...]

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Panama’s Hydro-power Potential

Friday, October 17, 2008 11:14 1 Comment

Alstom 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 [...]

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