Panama Government Saving on Commissions

If desired, the artists in Panama City's carnival can be contracted directly, bypassing the usual brokerage done by promotion agencies.

Monday, February 28, 2011

"They negotiate with the artists, I'm not going to inflate my budget," were the words of the manager of the Panama Tourism Authority, Solomon Shamah, referring to the $ 140,000 which is earmarked for direct payment of artists performing at the city´s carnival."

According to Xenia De León in her article at, "the administrator of the ATP, Solomon Shamah, said the artists will be contracted directly if they decide to go to the Authority, however, they can also be hired through Panama Music or Factory Corp."

The budget destined for the carnival is $ 1.5 million.

More on this topic

Central America: Joint Procurement of Medicines

August 2014

From August 20th to 22nd the Ministries of Health will be jointly negotiating the purchase of international pharmaceutical drugs.

Medicines for the treatment of diabetes and cancer, kidney transplant processes, anticonvulsants, cardiovascular conditions and contraceptives are part of the products to be purchased by governments jointly in order to achieve better prices "... compared to other providers in the region."

Regional Integration for Purchase of Medicines

April 2014

Joint price negotiations for the purchase of medicines has led to better management of the budget of the Ministries of Health in countries in the region.

Since 2010 the Council of Ministers of Health of Central America and the Dominican Republic (COMISCA) has been negotiating the price and then each country makes its purchase from pharmaceutical manufacturers.

Panama: New Attempt at Atlapa Sale

March 2014

Local businessmen are negotiating with the Tourism Authority the sale of the building, which the legislation states must be sold at $62 million, after the three previous auctions failed.

After the third and final attempt by the Tourism Authority to auction the Convention Center, which was unsuccessful, it must now be sold at half its value, $62 million.

Collective Buying is Here to Stay

April 2012

Offers made via digital media include discounts of up to 90% for a limited time period with a minimum number of buyers being stipulated in order for the sale to be confirmed.

Ten companies have been offering these services in Panama since 2008, moving about $10 million annually.

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