españolCosta 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. Guatemala seeks order in land rightsWednesday, May 21, 2008 The second phase of a project to create a reliable land register for Guatemala begins next month. The project includes 55 municipalities and will cost 550 million quetzals (US$74 million), which is coming from foreign loans. José Manuel Álvarez, the register's director, said the aim was to provide legal certainty over property rights in land by means of a system that is both efficient and accessible. Online Auction of Best Panamanian CoffeeTuesday, May 24, 2011 Lots of coffee from 30 plantations will compete in this year's auction entitled ‘The Best of Panama 2011’. Buyers from U.S., Japan, Australia, Taiwan and Europe among others, will participate in the on-line auction on May 24, 2011, said Francisco Serracín, of the Specialty Coffee Association of Panama. 'Fire of Brasil' Franchise Lands in El SalvadorWednesday, December 9, 2009 The franchise opened a restaurant for 160 people at Torre Futura. It will employ 45 people, and required an investment of $300.000. ‘Geisha Natural’ Coffee Dominates Online AuctionWednesday, May 25, 2011 A new variety of coffeee called Geisha Natural participated for the first time in "Best of Panama" competition, and reached the highest price in the auction. The coffee from the Don Pachi State farm was sold at $111.50 a pound. $111 Million Awarded for UrbanizationThursday, December 13, 2018 Ingenieria Rec, S.A. was awarded the urban renewal project "Altos de Los Lagos - Second Stage," which consists of the construction of 1,620 homes on a 23-hectare site. On December 12th, the contract for the urban renewal project of the City of Colon was published in the portal PanamaCompra, which includes a second phase located on a polygon of about 23 Hectares, in Los Lagos sector, Cristóbal neighborhood, Colón District, Province of Colón and which will be called "Altos de Los Lagos Project - Second Stage." Plan to increase Canal toll maintainedThursday, February 5, 2009 The increase from $63 to $72 in the toll for Twenty-foot Equivalent (TEU) containers is scheduled for May 2009. Prensa.com reports: "In 2007, it was agreed that the toll increase would happen in three stages and the plan still stands, said the administrator of the Panama Canal Authority (ACP), Alberto Aleman Zubieta. Ex-Im Bank Offers Panama FinancingWednesday, May 23, 2012 The Export Import Bank of the U.S. is interested in companies or infrastructure projects in key sectors. "We are interested in financing infrastructure projects in the logistics sector, ports, energy and roads, which are key to the commercial movement in this country", said the executive Sean Mulvaney, a member of the board of the U.S. government agency, who recently visited the canal country. Honduras: The Dry Land Panama Canal?Thursday, August 14, 2008 Honduras lies just about 1,000 miles southwest of Miami. A great location for commerce with the U.S. Antonio Young is the Executive Vice President of FIDE, Honduras’ Foundation for Investment and Export Development. He says Honduras’ strategic location provides an invaluable access to Latin American markets. And, with the continued development of Honduras’ north-south highway, called the Logistic Corridor, Antonio says Honduras could be the dry land version of the Panama Canal. Panama makes it onto the financial map of the worldMonday, May 5, 2008 At 0800 hours Monday the Tenth Annual Caribbean Conference of Step got underway. Step is an organization founded in 1991 in the United Kingdom, with a membership of experts in finance and administration of wealth. The president of the Panama chapter of Step, Dayra Berbey de Rojas of Morgan & Morgan, said it's important for Panama to be active in this activity because it promotes the nation's image as an important provider of investment services. Thailand and Panama Strengthen Commercial TiesWednesday, July 28, 2010 The Panamanian Chamber of Commerce and the Thai trade office have signed an agreement that seeks to build closer commercial relationships. The agreement includes plans to exchange information about investment opportunities and initiate trade missions to incentivize commerce between both countries. Panama Increases Cruise Ship OfferThursday, November 4, 2010 A new Royal Caribbean cruise will depart on Sundays from the terminal in Colon. This is the Grandeur of the Seas, which will begin a schedule of 20 departures every day starting Sunday April 24th. Panama flag launches 24/7 service for usersFriday, April 4, 2008 The Panama Maritime Authority which oversees the world‚s largest Merchant Marine fleet is now offering access to the Bureau of Maritime Security (SEGUMAR) on a continued basis, 24 hours a day seven days a week (24/7) for the users of the Panama Registry. SEGUMAR services and offices, previously located in New York, have been relocated in Panama, in the new headquarters of the Panama Maritime Authority. S & P Downgrades El Salvador's DebtFriday, October 14, 2016 The ratings agency has reduced the rating for long-term sovereign debt from B + to B, arguing that political capacity to resolve the fiscal problem is shrinking. From a press release by Standard & Poor´s: Panama Foresees Excellent Cruise SeasonMonday, September 20, 2010 During the next season that starts in October 15, 180 cruise ships will anchor in the Colon 2000 terminal. For the current nine-month season (October-10 June-11) two cruise ships will depart from this terminal: the Ocean Dream, by Spanish company Pullmantur, and the Grandeur of the Seas, by Royal Caribbean. |
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