Political Fever in PanamaTuesday, September 2, 2008 It's Tuesday morning, just five days before the all important PRD primary election in Panama. You can almost feel the temperature rising... The most important race to be decided is between the former Housing Minister Balbina Herrera and the Mayor of Panama City Juan Carlos Navarro. Both are running for the Presidency of the Republic and the winner of the PRD primary election on Sunday will represent the party in the general national elections in May 2009. Interestingly enough, the political fever is keeping the opposition guys vibrating as well. Elections in Panama in Final StretchThursday, April 30, 2009 The period for electoral propaganda ends today, just three days from the May 3 elections. Panamanians will elect the successor to current President Martín Torrijos for the period 2009-2014. Martinelli Wins Panamanian ElectionMonday, May 4, 2009 The opposition Alliance for Change candidate was elected the next president of Panama by a wide margin. With 91% of the polling stations having been examined, Ricardo Martinelli had obtained 60.31% of the votes, followed by the official candidate of the Democratic Revolutionary Party (PRD), Balbina Herrera, who had accumulated 37.33% and Guillermo Endara, who had received 2.35%. Panama: Growth and political stabilityFriday, January 30, 2009 The results of the elections could marginally change a lot of things but they cannot significantly alter the direction of the country. The country of the Canal has been the Central American powerboat in the last few years. High figures in sustained economic growth has caught the attention of the world, and with the upcoming electoral campaign, international analysts see the reasons for the Panamanian bonanza "as a successful conjunction of politics, governmental decisions, and stability in regulations." Businessman Martinelli leads all in PanamaMonday, December 8, 2008 A conservative businessman of the Democratic Change (CD) party could become the next president of Panama. According to a poll by Unimer published in La Prensa, 36.2 per cent of respondents would vote for Ricardo Martinelli in next year’s election, up 3.8 points since October. Elections in Panama: Economic ProgramsTuesday, April 21, 2009 For whoever wins the elections on May 3, the main challenge will be to maintain the economic growth that has averaged 8% annually in recent years. Both the PRD (the Democratic Revolutionary Party, plus the Liberal Party and the People's Party) and Alianza para el Cambio (Democratic Change, the Patriotic Union, the Panamanian Party and Molirena), propose the continuation of the current macro-economic direction of the country, giving continuity to many of the programs conducted by the government of Martín Torrijos. Banking Convention in PanamaTuesday, March 10, 2009 The Panamanian Banking Association will hold the XVIII Banking Convention on March 18 and 19, a "mandatory" event for member banks. Tagnia Shocrón wrote in Laestrella.com.pa: "The ABP will learn about the practical, rather than the theoretical, plans of the presidential candidates for banking because Ricardo Martinelli, from Cambio Democratico (Democratic Change,) and Balbina Herrera, from the PRD (Revolutionary Democratic Party), will open the event. Carlos Madeiros from the International Monetary Fund will also be invited. Economic Contraction Predicted in PanamaFriday, March 6, 2009 The Economist’s Unit of Economic Intelligence revised its growth estimate which was at 3.4% for 2009 downward, fixing it at minus 1.4%. The forecast for 2010 is a slight recovery of 1.4% over 2009. The report also predicts victory in the upcoming presidential elections for opposition candidate Ricardo Martinelli. El Salvador: Digital Government by 2014Monday, August 23, 2010 The current government has decide to resume the initiative begun by previous administrations and has set 2014 as its objective. The director of El Salvador's Institute for Technology and Information Innovation (ITIGES), Norwin Herrera, announced the decision saying that some of the projects definitely going ahead include a virtual front desk to enable import permits to be obtained, online issuing of birth certificates, electronic creditworthiness reports for state procurement, e-payment and a transparency platform," reports ElSalvador.com. Costa Rica's Bicsa to open in Nicaragua and PanamaWednesday, May 28, 2008 Banco Internacional de Costa Rica (Bicsa) aims to open a branch in Nicaragua and an office in Panama by the end of this year. At present, the bank has only a representative office in Nicaragua. Victor Emilio Herrera, chairman of Bicsa's board, said the office in Panama would seek out business generated by the amplification of the Panama Canal. Tele-medicine between Guatemala and the United States.Friday, February 13, 2009 Through virtual clinics that will be installed at Hospital Herrera Llerandi, patients will receive assistance from Miller University of Miami. The agreement subscribed to by both institutions enables on-line consultations and surgeries guided by the medical specialists of the northern country, in addition to supplying instances of training by means of teleconferences. The installation of the necessary equipment will begin in May. Microfinance in Nicaragua: A $492 million BusinessWednesday, November 22, 2017 Up to the third quarter of this year, microfinance institutions had granted $492 million in loans, 15% more than in the same period in 2016. The microfinance sector has been growing steadily in recent years, after having experienced a crisis between 2008 and 2011 caused by 'NO PAGO' (NO PAYMENT) movement. Costa Rican Finance Minister ResignsTuesday, April 3, 2012 Fernando Herrero, who was questioned for not updating the tax value of his properties, has resigned after being questioned about income tax payments for a company which he founded. The minister was head of Laura Chinchilla’s government's efforts to win approval in the Legislative Assembly for a tax package called the "Solidarity Tax". Costa Rica: Sugar Industry Confident with China FTAWednesday, November 11, 2009 Sugar growers are confident they will obtain access to China's market. This is the opinion of Edgar Herrera, executive director of the Sugar Cane League, who also said that they "... are used to be one of the last negotiated items in Free Trade Agreements, as it is usually a sensitive product". $ 45 Million Tourism Investment in PanamaTuesday, November 23, 2010 Four companies look to invest in the construction of a tourist project in the district of La Chorrera. The project includes construction of a cable car which crosses a waterfall known as El Chorro, a hotel and a residential area. |
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