Confidence Index Improves in PanamaFriday, June 26, 2009 As of June, the consumer confidence index was 114.9 points, 8.3 points higher than that of the previous month (106.7). The General Manager of The Marketing Group, the company in charge of conducting the survey along with the Chamber of Commerce, expressed that “future consumer confidence related to home and country situation, appears to be positive, due to the hopes that Panamanians have for the next government.” Global Crossing Upgrades Atlantic Subsea NetThursday, January 22, 2009 Last year, Global Crossing inaugurated a fiber optic cable landing on Costa Rica's Pacific Coast. The new cable connection is an extension of the Pan American Crossing (PAC®), which connects the United States' west coast, Mexico, Panama, Venezuela and the Virgin Islands, in addition to the east coast of the United States, South America, Europe and Asia, via Global Crossing's other underwater cable systems. Company Profile
We build, design & construct GREEN. Eco-friendly homes, hotels, resorts, schools, & commercial spaces. SIP's, ICF's, and sustainable Brazilian wood construction. We sell Solar Panels & street lights. New luxury hotel project announced in PanamaThursday, July 10, 2008 Orient-Express Hotels and The Related Group have formed an alliance to develop projects in Panama. The hotel chain Orient Express Hotels Ltd. owns and administers 55 luxury hotels in 25 countries, and The Related Group is an important real estate developer in the United States. They will jointly develop hotels and residential projects in Panama, Colombia and Miami. Panama: 4 Companies Distribute Fiscal PrintersMonday, May 23, 2011 Panamanian traders have requested an increase in the number of authorized companies to give them more options. Two new companies have been authorized by the Internal Revenue Service (DGI), (Compulab, SAand Pos-Panama, SA) in addition to Fiscales de Panama, SA and The Factory HKA Panama, SA. Data Network Awarded for $61 millionTuesday, August 5, 2014 The Guatemalan Telecommunications Enterprise has awarded the company Columbus Network de Guatemala a contract for the lease of computer equipment and implementation of communications connectivity. Under the contract awarded on July 30, the provider must provide the service "LEASE OF HARDWARE AND COMMUNICATIONS MANAGEMENT, INSTALLATION, AND IMPLEMENTATION WITH CONNECTIVITY IN THE NATIONAL TERRITORY." Cable TV, a rising market in PanamaMonday, November 24, 2008 Ten companies are interested in entering the Cable TV market and are in the process of getting established. Currently only six operate in the country. But if these 10 successfully complete their business plans, 16 companies will be competing for clients in the Panama market. Chinese Consortium to Design Bridge Over CanalFriday, June 3, 2011 At a price of $4.6 million the consortium China Communications Construction Company / Louis Berger Group will design the third bridge over the Panama Canal. The consortium will have a period of approximately 11 months to complete the design. The tender for construction could be carried out between June and July 2012. Increased Hotel Supply in PanamaWednesday, March 7, 2018 An urban resort style five-star hotel called The Santa Maria has opened in Panama City, following an investment of around $50 million. Representatives from the urban resort The Santa Maria stated that the hotel offers 182 luxury rooms, which have an area that ranges between 40 m2 and 300 m2. The infrastructure, which required a global investment of $50 million, has two restaurants and next April they plan to open a third. Taco Maker Now Operates in PanamaFriday, September 11, 2009 The Mexican food franchise inaugurated its first restaurant in the country, out of the 20 it plans for the next 8 years. Taco Maker's new restaurant is located in Albrook Mall, in the Ancón district. It joins international franchise The Taco Maker Inc. (TTM), alonside 185 restaurants in United States, Latin America and the Far East. The company's short term expansion plans include Costa Rica and other Latin American and European destinations. Panama: Alleged Violation of TPC in TenderWednesday, February 12, 2014 A $6 million tender for ambulances has been objected to because the technical constraints correspond to European specifications. Ambulance Network Inc., one of the five companies that participated in the process of approval of tender conditions for the purchase of ambulances for $6 million, filed a claim, stating that the public act violates the arrangements set out in the Treaty of Trade Promotion Agreement (TPA) between Panama and the United States (U.S.) in government procurements. Tomato OilTuesday, September 18, 2012 A study shows tomato seeds can be used as a raw material for obtaining a oil with high antioxidant properties. A statement from the Costa Rican Trade Promotion Office (PROCOMER) reads: Aegean Marine Petroleum Expands Operations in PanamaTuesday, April 26, 2011 The country's maritime authority has granted the company a 20 year coastal concession. The oil company will have exclusive rights to operate the storage facilities in the Panamanian coastal ports of San Cristóbal and Balboa, both strategically located close to the canal. More Fiber Optic Investments in PanamaFriday, June 25, 2010 Columbus Networks will invest $2 million to lay 100 km of fiber optic cable underground in Panama City. The company plans to install a cable line that will run under the Southern Corridor road. It also owns the fiber optic cable known as ‘Arcos’, and has an ownership stake in another major communications cable, the one called Maya. Four eco-hotels in Central America among the best in the World.Thursday, November 6, 2008 Canopy Tower in Panama, Lapa Rios in Costa Rica, Pico Bonito in Honduras, and Chaa Creek in Belize. The November edition of the National Geographic Adventure magazine highlighted four hotels in Central America in its "Top 50 Ecolodges in the World" ranking. |
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