(Reuters) Copa Holdings, the parent company of Panamanian carrier Copa Airlines, reported a on Thursday, benefiting from a bigger fleet and more flights. New York-listed Copa (CPA.N) reported net income of $63.9 million, or $1.45 per share, in the quarter, up from $43.1 million, or 98 cents per share, in the same period of 2009. "Total revenues grew 11.8 percent to $362 … [Read more...]
Panama Hires Banks to Arrange Yen Bond Sale in Japan
(Businessweek) Panama hired Daiwa Securities Capital Markets Co. and Mitsubishi UFJ Securities Co. to sell yen-denominated bonds in Japan, according to a person familiar with the transaction. Panama Finance Minister Alberto Vallarino will be meeting with bond investors next week, said the person, who declined to be identified because terms aren’t set. The bond sale … [Read more...]
Burt’s Bees is now in Panama
(PRNoticias)A U.S. company born as a small family business in Maine in 1984, formed by Roxanne Quimby and Burt Shavitz, began selling handmade candles made with beeswax Burt. In 1991 sold over half a million candles a year, its products were in the chic shops of New York and expanded product range with natural soaps and lip balm that is still his best-selling product. … [Read more...]
Taiwan and Panama pledge to strengthen bilateral cooperation
(prensa.com)Taiwanese President, Ma Ying-jeou, thanked his Panamanian counterpart, Ricardo Martinelli, yesterday for the support provided in various international arenas, and expressed his hopes for closer ties and bilateral cooperation. Ma’s words came during the official reception welcoming the president of Panama, which was also attended by the vice-president of … [Read more...]
Panama slated to earn $12 million from legislators’ junket
(Newsroom Panama)A $4 million dollar investment in an upcoming international conference in Panama should generate gains in excess of $12 million says the Chairman of the Legislature. Over 2,000 legislators from five continents, many suffering under a northern winter, will escape to the sun to attend the 34th Meeting of Parliamentarians, in Panama in April of … [Read more...]