Company Profile Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
Panama: Fuel Consumption Up 4%Tuesday, February 21, 2017 In 2016 total consumption increased by 4% compared to 2015, mainly explained by an 18% increase in consumption of 95 octane gasoline and 12% in bunker C. Total consumption of gasoline, diesel, bunker C, liquefied petroleum gas and other fuels rose by 4% in 2016 compared to the previous year. In the case of gasoline, the highest increase was recorded in 95 octane, which increased by 18.5%, while consumption of regular gasoline or 91 octane fell by 3.6%. Panama Consumes More Imported CheeseMonday, May 17, 2010 In the first two months of 2010 the country imported a total 732 tons of cheese; 46% accounted for cheese for consumption, and the rest for industrial uses. In comparison, in the same period of 2009, Panama imported 1.017 tons, but only 34% accounted for cheese intended for consumption, with the rest being used for industrial purposes (mainly for producing yellow cheese). How and What do Panamanians consume?Wednesday, January 28, 2009 A study by Urban & Associates details the profile of the Panamanian consumer. The Martes Financiero weekly reported the most interesting results of the study, which was carried out based on a national survey of more than 1,800 consumers. Alcohol Consumption in Central AmericaTuesday, September 25, 2018 Panama is the country where the highest proportion of beer consumption was reported with respect to total alcohol consumed, with 77%, followed by Costa Rica and Guatemala, with 64% and 56%, respectively. The Global Status Report on Alcohol and Health 2018, published by the World Health Organization (WHO), details statistics up to 2016 on consumption of alcoholic beverages in different countries. The Beer Market in PanamaTuesday, April 24, 2012 Brewers have reasons to celebrate: per capita consumption grew from 77 to 80 liters in 2011 and production increased by 5%. Beer is the preferred alcoholic beverage in Panama, with its production having grown by 5.1% (above the average of 2% of the rest of Latin America) in 2011, reported Capital.com.pa. Consumption Up in PanamaWednesday, July 31, 2013 During the first quarter of 2013, public sector consumption increased by 7.6%, while the private sector reported a 9.7% rise. In the public sector, growth represented a total of $1,558 million in expenses. In the private sector, the increase in consumption was due to the collection of taxes on transfer of property and services. Surviving Skills ShortagesTuesday, July 19, 2011 The shortage of skilled labor has led Panamanian companies to get creative when recruiting staff. Companies with a need for skilled labor have reached agreements with other companies to share staff, provided incentives to employees to recommend others for vacant positions and have even retain staffed who have officially retired. Walmart in Panama as well?Wednesday, July 25, 2012 The Trade Promotion Agreement signed between the U.S. and Panama provides that "any retail business may participate in the local market." An article in Laestrella.com.pa reports that the Deputy Minister of International Trade Negotiations, Diana Salazar, said: "There is a letter attached to the Trade Promotion Agreement (TPA) that discusses retail trade, where companies complying with the requirements may operate in the country. " One More Absurd: The Global Peace IndexWednesday, June 9, 2010 A recipe that mixes statistical data, reasoned argumentation and good intentions, ends in an absurd list of more or less pacific countries. The industry of producing Indexes and Rankings, which at times provides useful information for business decision making, turns out real absurdities more often than not.
MARKET STUDY
Household Appliances: Market Share of the Blender MarketWednesday, March 4, 2020 In Central America, it is estimated that Operadora de Tiendas, Corporación de Supermercados Unidos, Pricesmart de Panama and Moderna Electronics account for about 10% of total imports of blenders and their parts. A study by CentralAmericaData's Trade Intelligence Unit shows that GMG Comercial from Guatemala and Costa Rica, and Comercializadora Panamericana are other companies that have a considerable share of the Central American blender market. Consumption Doesn´t Drop in PanamaFriday, June 19, 2009 Until April of 2009, tax collections on consumption has increased 18.3% compared to the same period of 2008. The Property and Services Transfer Tax (ITBMS), commonly know as the 5%, is a net tax on consumption. Trends for 2012: The Bottom of the MarketThursday, December 15, 2011 Extreme global urbanization will not slow in 2012, and the base of the urban consumer pyramid, the "citysumers", will broaden. In 2012, the opportunities to meet the needs of hundreds of millions of low-income urban consumers will be unprecedented. Coffee: Consumption Growing in Producing CountriesTuesday, August 5, 2014 Increased purchasing power has triggered the consumption of coffee in the leading producers in the world, Colombia, Brazil and Vietnam, raising its international price. The three countries which together produce 60% of the grains consumed in the world, are increasing their local consumption of coffee, putting pressure on the export supply and raising grain prices around the world. World Demands More ProteinThursday, June 12, 2014 The growing consumption of meat, eggs, dairy and grains is driving the agricultural industry which benefits from dietary changes at the global level. The phrase "The protein business is a very good place to be right now," made in an article in The Wall Street Journal by a US pork producer reflects the boom being experienced by the agricultural industry around the world, thanks to changing trends in food consumption of animal protein products which are beginning to be used in place of carbohydrates in consumer's diets. |
|