Telecarrier reports 40 percent hike in 2007 sales
Panamanian telecoms company Telecarrier reported a 40 percent increase in 2007 sales, in line with its aim of consolidating its lead in providing service to corporate clients, Miguel Vásquez, the company's vice-president of finance, said.
Wednesday, April 23, 2008
Vásquez said Telecarrier's cash flow had been sufficient to half its debts while investing more than US$3 million last year in the provision of more and updated services.
The mining company Hemco is diversifying its activities and investing $138 million in hydropower, forestry and call centers in Bonanza on the Nicaraguan Atlantic.
President Daniel Ortega's government told free-trade zone companies that it will promote investment in the sector, according to business sources.
Guatemalan Vice-President Rafael Espada flew out on a visit to Taiwan and Korea, promising to "think big" and shake off Guatemala's inferiority complex.
Grupo Gescor, a Spanish multinational specializing in consulting and information technologies has opened its first office in Panama. It wants to increase its client base in the country and to work more closely with its established clients there.
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