Deloitte Presents Business Barometer for Panama

The survey of 101 Panamanian entrepreneurs and executives showed that 51% will use their own funds as a main form of financing.

Monday, April 13, 2009


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Of the companies surveyed, only 20% spoke of opting for bank financing and 2% of selling assets.

In statements to Prensa.com, Deloitte noted: "With regard to measures aimed at reducing the impact of the financial crisis in the country, the balance is tipping in favor of measures with medium and long-term effect such as productivity improvement and process optimization (33%), instead of resorting to cutting costs in advertising and personnel."

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35% of the Trump Ocean Club Already Built

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Its promoters claim that the decline in the pace of sales is not too much and that they have already sold 80% of the 1,010-unit project.

Its opening is planned for August 2010. To date, some 90 thousand square meters have been constructed, 35% of the 265 thousand in total.

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