Panama to open a maritime business center

Panama will officially open the region's first Maritime Business Center (MBC) the first week of September.

Tuesday, July 29, 2008

Ten companies with ocean-going business will have offices in the MBC. One of these will be an as yet unnamed shipping company.
The MBC will have a meeting room, two conference rooms, an entertainment room, a maritime library, videoconference facilities, and a "Parisian style" café.

More on this topic

Call Center Industry in Panama

June 2010

While at least seven call centers have ceased operations in the country, others are being opened as multinational companies move in to install regional headquarters.

The balance, however, is negative. By the end of 2009, there were 1,000 less jobs in the call center industry than in its golden age, 2006.

Panama is the main destination for Spanish investors

September 2008

Panama is the main receptor of Spanish investments in Central America and projections indicate that this will continue to increase.

Panama has not escaped the expansion of Spanish capital. Based on figures provided by the Official Spanish Chamber of Commerce in Panama, investments have surpassed $317 million, and are headed by Unión FENOSA, Telefónica and the BBVA.

Panama Finalizes SIECA Entry

June 2013

Finally the geopolitical reality has been imposed and the Canal country has been formally integrated into the community of Central America nations.

It was "a great achievement" and one "longed for for many years by all Central American countries", this was Panama's accession to SIECA, an organ of the Central American Integration System (SICA), said Anabel Gonzalez, Costa Rican Foreign Trade Minister.

Maersk Line Moves from Brazil to Panama

May 2012

Offices for the Latin American container shipping company will be located in Panama City from August 2012.

"At present, economic conditions relating to cost, proximity to major markets, ease of travel, exchange rate stability due to using the dollar as legal tender, and synergies with other business units located in Panama, have generate necessary environment that has led us to make the decision to relocate our regional office to Panama," said Robbert Jan van Trooijen, CEO of Maersk Line in Latin America.

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