españolPanamanian restaurant chain plans to enter ColombiaMonday, June 16, 2008 The Panamanian restaurant chain Pío Pío plans to sell its franchises in Colombia. The company has 47 restaurants in Panama. It is part of Grupo Melo, a vertically integrated poultry company whose exports to various countries, including Colombia, total more than four million dollars per year. Grupo Melo Issues Corporate BondsTuesday, November 3, 2009 The Panamanian company will undertake a $50 million public offer of Revolving Corporate Bonds. The issue will be global, revolving, normative, registered, without coupons, and in multiple series. Pio Pio restaurants expand to ColombiaTuesday, January 13, 2009 The biggest fast food chain from Panama will be launched in the Colombian market this year. Laestrella.com.pa reports on its site that "after making the first steps in 2008, the Panamanian fast food franchise will be launched internationally. Despite Crisis Grupo Melo Increases SalesWednesday, July 1, 2009 The Panamanian conglomerate reported sales of $60.9 million for the first quarter of 2009, 4.8% more than the same period in 2008. The Poultry Farms and Restaurant divisions were those which reported increases in their sales, not the real estate division. Panama: Grupo Melo Sales Up 21%Monday, March 16, 2009 The conglomerate reported sales of $263.5 million for the fourth quarter of 2008, up 21% over the same period in 2007. The Panamanian group reported its quarterly results to the National Securities Commission which stressed that all departments of the Group, except for timber and real estate had sales increases of more than 10%. Colombia Authorizes Panamanian Poultry DerivativesWednesday, December 2, 2009 Panama will resume exporting poultry derivatives to Colombia, after the latter waived a series of restrictions imposed in 2007. Products like nuggets, hamburger meat, chicken wings and fingers will return to the Colombian market. Franchises Booming in PanamaMonday, September 30, 2013 Not only fast food franchises are growing, but also hospitality ones. For example, during the first six months of 2013, seven Friday's restaurants, established in the country and run by the local group UNESA, recorded revenues of $9 million. Although some of these facilities reported low sales, the company says it is due to the stabilization of consumers, the time of year and other factors. Panama: New Sausage PlantThursday, August 22, 2019 Grupo Melo inaugurated an industrial plant for the production of meat and vegetable sausages in Juan Diaz, district of Panama, with a total area of 5,600 square meters. For the plant, which has 4,000 square meters of operating area and 1,662 square meters of storage space, the business group invested close to $17.2 million. Proposal for International Airport in LimonTuesday, January 20, 2015 A US group has offered the Costa Rican government financing for the construction of an international airport on the Caribbean coast with an investment of $700 million. The firm Mel Group has submitted a proposal to finance construction of a new international airport, which includes a 4 kilometer long runway and a 30 thousand square meter building. The investment for this project, which will be located in Limon, is about $700 million. Panama: In 2013 There Will be $1.5 billion in Issued SecuritiesMonday, May 20, 2013 With the industrial sector leading the way, Panamanian companies are increasingly going to the local stock market for their financing. "According to the registry of the Superintendency of Securities Market (SMV), up to early May there were $440 million in securities belonging to different companies, and another $1.033 billion were in the process of being registered," noted an article in Laestrella.com.pa. Statistics on Corn Imports in Central AmericaMonday, June 12, 2017 In 2016, regional maize imports totaled $763 million, 26% of which was imported by six companies in Costa Rica, El Salvador and Panama. Figures from the information system on the the Corn Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with the chart"] Panama to Host XII Investors ForumMonday, July 18, 2011 Organized by the Panamanian Stock Exchange, the event will be held on August 18 in Panama City. During the forum, nine Panamanian organizations will share their results and future plans. Changes in the Panama Stock Market IndexTuesday, August 5, 2008 Adjustments in the financial sector have affected the composition of the Panama Stock Market Index (BVP). In 2005, the stock index was made up of 15 companies, however, by 2008, companies such as Primer Banco del Istmo, Corp. Micro-Financiera Nacional and Empresas Tagaropulos were not in the index as they no longer met trading requirements. Increased Investment in Mountain Homes in PanamaWednesday, February 8, 2012 Real estate developers are backing residential building along the central mountain range. With an investment of nearly $14 million, the company Canion Properties Corporation is to build two new stages of its project Hacienda Los Molinos in Boquete. New Player in the Electricity Market in GuatemalaWednesday, December 19, 2012 The company Mayoristas de Electricidad and the generators Ixtal, Tuncaj Xolhuitz have announced investments of $20 million in three hydroelectric plants. The Kin Group, composed of Mayoristas de Electricidad (Mel) and the generators Ixtal, Xolhuitz and Tuncaj, before 2020 will participate in the purchase of energy and hydroelectric development of El Zambo, Xaqulew, Hidro Samuc and Hidrosan informed the director the new consortium, José Chacón. |
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Friday, March 24, 2023 - last update: 2:41 am
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