Panama, third top destination for retirementFriday, September 5, 2008 Panama rose to third place in the "Best places to retire" ranking by International Living newsletter. Panama is right behind Mexico and Ecuador, and is ranked above Uruguay and Italy. $9.2 million additional capital for wind power project in Costa RicaWednesday, September 10, 2008 Econergy International said it has secured additional working capital of up to $9.2 million and in particular short- to medium-term finance of up to $89.3 million. The financing is as part of an amended credit facility with an affiliate of Suez Energy South America Participaes Ltda. Guatemala analyzes concession for airportsMonday, December 22, 2008 The government is looking at whether to give concession to private companies to administrate airports in the country. They are specifically considering the La Aurora International Airport, the only one serving the capital, in order to facilitate its modernization, according to the announcement last week from an official source. Chili's restaurant now in El SalvadorWednesday, January 14, 2009 With $2 million in investment, Brinker International foods and American Food inaugurated the first Chili's restaurant. Elsalvador.com reports: "The director of the Brinker International brand for Latin American and the Caribbean, William Urrego, said that with the presence of this international brand they are consolidating their growth in the Central American region. Costa Rica: Registry to protect financial assetsFriday, January 23, 2009 The system will allow for the protection of financial assets from fraud, and will detect fraud instantly and prevent it from happening. Nacion.com reports: "This is the Registry of Financial Assets (RAF, www.ifar.bz), which will allow users to register bank accounts, term deposit certificates and any other assets which can be subject to fraud. Seminar promotes living and investing in PanamaThursday, July 31, 2008 The seminar "Living and Investing in Panama", hosted by International Living, starts this Friday in the Intercontinental Hotel of Playa Bonita. Topics will include tips for investing, buying real estate, starting a company and services for retired people. The seminar is intended for foreigners interested in living in Panama. Panama invests in information technologyFriday, August 15, 2008 Information Technology (IT) investments in Panama are one of the highest in Latin America, reaching $275 million in 2007. The information technology industry generated 12 thousand jobs last year in Panama, and is estimated to produce another 4 thousand new jobs in the next four years, according to a report from the International Data Corporation (IDC) prepared by Microsoft Panama. IQPC - International Quality & Productivity Center Company Profile Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
IMC Consortium to Increase Investment in PanamaWednesday, May 25, 2011 The International Meal Company (IMC), operator of the Food Court at Tocumen Airport, will expand its investments in the country. Jose Algarin Pabón, a company executive said when work is finished at the Food Court in the next thirty days, they will be venturing into new projects in both the public and private sector. New Air Cargo Service Miami-ManaguaMonday, April 16, 2012 Amerijet International line will fly three times a week from Nicaragua to Florida from Tuesday 17th April. Amerijet International, Inc. has announced a three times a week flight from Managua to Miami from Tuesday through its Vice President of Business Development, Pamela Rollins. Costa Rica: $ 7 million for Sterilization PlantMonday, October 4, 2010 Sterigenics International will install a sterilization and ionization services plant near the capital, San José. According to plans, the plant will be ready in late 2011 and is expected to begin operations in January 2012. Three Construction Offers for Parlatino´s SeatTuesday, February 8, 2011 Rivas Construction Company, RM Engineering and Bedford Global International submitted bids for construction of the new seat of the organization in Panama. Rivas Construction made an offer of $ 15.68 million, RM Engineering´s bid $ was 17.16 million and Global Bedford International was $ 17.22 million. IHOP Franchise Enters GuatemalaFriday, March 4, 2011 With a $ 1.5 million investment, The International House of Pancakes (IHOP) opened its first restaurant. The Guatemalan opening marks the entry of the U.S. chain, known for its pancakes, in Latin America. TGI to Distribute Tires in NicaraguaWednesday, April 22, 2009 In Latin America, the multinational Tire Group International (TGI) has already opened sales offices in Argentina and Panama. The company, which distributes more than 40 tire brands, including its own private Astro, Cosmo, Industar, Moon and Orion brands, has announced it will open an office in Managua, Nicaragua. Panama no longer the best place to retireThursday, July 24, 2008 Panama is still a great place to retire, but this year it slipped from first place, which it has occupied for six years, to fourth according to the rankings of the publication International Living. The reason for the change is that in May 2007 authorities reduced the time on a tourist vist from 90 days to 30 days for Americans and Canadians. That means retirees from these countries would have to leave the country and return once a month. |
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