Panama: Increased Investment in Logistics ParksTuesday, March 12, 2013 With strong preference for the vicinity of Tocumen Airport, in 2012 Panama's logistics industry totaled $200 million in investment in new facilities. Capital.com.pa reports that "according to the Industrial Market Report prepared by the firm CBRE Global Research and Consulting for 2012, the increase of logistics parks and booming growth for such projects, especially with Class A facilities, has allowed those building to improve product delivery and offer advantageous prices for companies on the look out in these areas. " Panamanian Coffee: Trade Show Promoted in USWednesday, February 11, 2015 The Ministry of Trade and Industry is inviting coffee producers to participate in an exhibition of specialty coffees, to be held from April 9 to 12 in Seattle. Nine Panamanian producers have already confirmed their attendance at one of the most important trade fairs in the US coffee industry: the Speciality Coffee Association of America 2015 (SCAA). The Arabian and Geisha coffee varieties will be promoted by the businesses Hiu Coffe, Don Pachi Estate, Carmen Estate Coffee, Casa Ruiz, Café Kotowa, Hacienda Esmeralda, Café Volcán Barú and Beneficios de Café de Boquete. Canadian Companies will Visit PanamaFriday, January 28, 2011 12 infrastructure, construction and marine technology companies will tour Panama. The mission is organized by the Canadian Atlantic Opportunity Agency (ACOA), and aims to ensure involvement of these companies in large infrastructure projects in the country, including the Panama Canal and the Metro.
MARKET STUDY
E-Commerce: What do Consumers Want to Buy?Monday, June 22, 2020 Among the people who look for products and services available online in Central America, 20% try to buy electronic devices such as cell phones, video game consoles or cameras, 17% home and garden items, and 10% vehicles. The interactive information system developed by CentralAmericaData monitors in real time the changes in consumer habits in all markets in the region, with fundamental information to understand the new commercial environment that has emerged in an accelerated manner. Panama: $47 Million for Tourism ProjectThursday, February 13, 2020 CIFI and BID Invest authorized a loan for West Report S.A. to develop, build and operate a hotel complex in Bocas del Toro. The new hotel, which will have 118 rooms, several restaurants, a spa and other meeting places for its guests, will be operated under the brand name Viceroy Hotels and Resorts, reported CIFI. $58 million in e-commerce in GuatemalaThursday, September 25, 2008 Internet sales have increased in Guatemala, although only 3.3% of the populations makes purchases online. Guatemalan internet users spend $58 million shopping online in 2007, according to a study on e-commerce (B2C) in Latin America presented by VISA and carried out by América Economía Intelligence. More Cruises Arriving at AmadorTuesday, April 10, 2018 The number of tourists that arrived at the Amador marina in the first quarter of the year almost tripled compared to the figure for the same period in 2017, and the number of cruises grew by 45%. From a statement issued by the Tourism Authority of Panama: Retail and Digital TransformationFriday, June 12, 2020 Considerable investments in the digitalization of operations, the closure of small stores and the expansion of the commercial area of the best located sales points, is part of the strategy that companies are beginning to implement in the new context of business transformation. Managers of large corporations agree that several companies were already making progress in digitizing sales and operations, but the pandemic ended up persuading decision makers of the need to focus on online sales, and simultaneously accompany it with a plan to transform physical stores. Clothing: New Investment in Panama AnnouncedWednesday, January 22, 2020 The Swedish chain of stores Hennes and Mauritz announced that among its expansion plans is the opening of a sales point in Panama, which would be the first in Central America. According to an official statement that was released in mid-January, the plan of the company Hennes and Mauritz (H&M) is that its first store in the region will be open to the public by the end of the year. Real Hotels & Resorts expands in Central AmericaTuesday, September 23, 2008 Real Hotels & Resorts (RHR) is planning to double in size over the next two years. The new projects, which should all be completed at the end of the next year, are spread over Central America from San Pedro Sula (Honduras), to the expansion of the Real Quality Hotel (Airport) in El Salvador, to a new project - Club Tower - annexed to the Real InterContinental Hotel in Escazu, San Jose (Costa Rica). INBOX Technology and Services S.A. Company Profile Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
E-Commerce On The Rise In GuatemalaTuesday, February 2, 2010 In 2009, Guatemalans bought $8 million online, a 10% increase when compared to 2008. The most sought after items were technological devices, e-books, magazines, books, CDs, DVDs and clothing. E-Commerce Regulation in HondurasMonday, August 17, 2009 An Electronic Commerce Law project, recently introduced to Congress, aims to guarantee Internet transactions. Among other things, the law intends to regulate electronic document and signatures, signature certification companies, accreditation processes and documents needing certification for acts and contracts. New law supports development of e-commerce in GuatemalaFriday, September 5, 2008 The "Recognition of Electronic Communications and Signatures" Law that was approved and legalizes the recognition of electronic communications and signatures. With the implementation of this new law, Guatemala will join El Salvador and Costa Rica, two other countries that have adopted similar laws. Marriot to invest $40 million in PanamaMonday, July 21, 2008 The international hotel chain Marriott is expanding into Panama, and will spend 40 million dollars on a 300-room hotel in Panama City. Edward Fuller, president and executive director of the region for Mariott International, said the project will be part of their luxury brand Renaissance. |
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