$105 million Investment in Trump Ocean Club CasinoThursday, November 29, 2012 South Africa's Sun International has reached an agreement with Newland International Properties for the acquisition of the casino component of the hotel development in Panama. Under the terms of the agreement, Sun International will get the casino component of the project, the Penthouse (to use as a private salon), a group of building apartments and the rights that the building has to apply for a casino license, all for a value of $45.5 million. $45 million Casino in Trump Ocean Club in PanamaWednesday, November 20, 2013 The investment in Sun International Casino will reach $105 million for the complete development of the areas in the Trump Ocean Club areas involved in the agreement. Capital.com.pa reports that "the 75,000 square foot casino, will occupy the second level of the hotel. It will include 32 tables of blackjack, poker, roulette and baccarat, as well as a collection of 600 machines. Panama: 6 Companies Bid for Dredging in GatúnWednesday, June 2, 2010 6 companies bid for a contract which comprises widening and deepening the current navigation waterway at Gatún; it is part of the larger Panama Canal Expansion project. The companies interested in the contract are Dredging International, China Harbour Engineering Company (CHEC), Boskalis International, Great Lakes Dredge & Dock, Van Oord and Jan De Nul. Their proposals range from $39 million to $97 million. Panama, third top destination for retirementFriday, September 5, 2008 Panama rose to third place in the "Best places to retire" ranking by International Living newsletter. Panama is right behind Mexico and Ecuador, and is ranked above Uruguay and Italy. Seminar promotes living and investing in PanamaThursday, July 31, 2008 The seminar "Living and Investing in Panama", hosted by International Living, starts this Friday in the Intercontinental Hotel of Playa Bonita. Topics will include tips for investing, buying real estate, starting a company and services for retired people. The seminar is intended for foreigners interested in living in Panama. Panama invests in information technologyFriday, August 15, 2008 Information Technology (IT) investments in Panama are one of the highest in Latin America, reaching $275 million in 2007. The information technology industry generated 12 thousand jobs last year in Panama, and is estimated to produce another 4 thousand new jobs in the next four years, according to a report from the International Data Corporation (IDC) prepared by Microsoft Panama. IQPC - International Quality & Productivity Center Company Profile Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
IMC Consortium to Increase Investment in PanamaWednesday, May 25, 2011 The International Meal Company (IMC), operator of the Food Court at Tocumen Airport, will expand its investments in the country. Jose Algarin Pabón, a company executive said when work is finished at the Food Court in the next thirty days, they will be venturing into new projects in both the public and private sector. Three Construction Offers for Parlatino´s SeatTuesday, February 8, 2011 Rivas Construction Company, RM Engineering and Bedford Global International submitted bids for construction of the new seat of the organization in Panama. Rivas Construction made an offer of $ 15.68 million, RM Engineering´s bid $ was 17.16 million and Global Bedford International was $ 17.22 million. Panama no longer the best place to retireThursday, July 24, 2008 Panama is still a great place to retire, but this year it slipped from first place, which it has occupied for six years, to fourth according to the rankings of the publication International Living. The reason for the change is that in May 2007 authorities reduced the time on a tourist vist from 90 days to 30 days for Americans and Canadians. That means retirees from these countries would have to leave the country and return once a month. Ethnergy Interested in Panamanian Ethanol PlantThursday, September 24, 2009 The company presented the Industry Ministry a project for building an ethanol plant. Dubbed "Panama Ethanol Project", the project by Ethnergy International Inc intends to explore and develop an ethanol-based biofuel production facility in the country. Millicom sees 78% increase in net profit in Q1Wednesday, April 23, 2008 Luxembourg-based mobile holding company Millicom Cellular International (Nasdaq: MICC), which operates in the Latin American region under the Tigo brand, continued to see strong growth in its traditional stronghold of Central America, with Honduras outstripping other countries in terms of subscriber growth, growing 88% and adding 515,000 subscribers. Millicom posted a 78% increase in net profit to US$158mn in the first quarter of 2008 compared to US$89mn in 1Q07, the company said in a statement. Company Profile
Expeditors, a publicly owned company, provides logistics solutions that touch on all aspects of the supply chain. For 30 years, Expeditors employees have worked diligently with our customers to increase order visibility, reduce surplus inventory, control inflated delivery-cycle times, monitor and assign accountability and reduce overall supply chain costs. Panama to host international conclave of accountantsMonday, July 21, 2008 Panama is to host the 15th convention of CPA Associates International, a global group of independent certified public and chartered accountants. The event, which is being organized by Chambonett y Asociados, will be held from August 6 through 10. Those present will include Roberto Zesati, the group's president. Panama leads Latin America in port cranesWednesday, July 23, 2008 With 50 port cranes, Panama has 21 percent of all cranes in Latin America. Mexico is next with 33, and Brazil follows with 31. In Panama, the Port of Balboa has 18 cranes, Cristóbal has 6, and Manzanillo 14. |
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