Panamanian Cooperatives Increase Profits by 50%At the close of fiscal year 2008, net income was $18 million, according to the Panamanian Autonomous Cooperative Institute (IPACOOP).Wednesday, May 27, 2009
There are currently 458 cooperatives, of which 86% closed with profits, said Ramón Rodríguez, IPACOOP deputy executive. Source: Prensa.com ¿Busca soluciones de inteligencia comercial para su empresa?New Law on Cooperatives in HondurasAugust 2013 The reform of 47 articles of the old Law on Cooperatives and the addition of another 14 has been agreed to by the Honduran cooperative movement. Panama To Host Cooperative Summit in 2012October 2011 The Autonomous Cooperative Institute has announced that in 2012 to mark the International Year of Cooperatives, the country will host the Second Summit of the Americas Cooperative. Cooperatives On the Rise in PanamaNovember 2010 The cooperative legal structure is becoming increasingly important in the country, especially in the multi-service and credit unions format. Number of cooperatives in Panama grows by 20%September 2008 Eighty-nine new cooperatives, mainly for savings and credits, have been setup in the country so far this year.
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