(prensa.com) Panamanian exporters again suffered through a year of declining business, the second year in a row exports have dropped. In 2010, the value of exported goods was $725 million, a decline of 11.7 percent from 2009. That meant the value of Panama's exports dropped by $95 million. The biggest declined were in the exports of beef parts (94.8 percent), oil … [Read more...]
Panama Film Time
(prensa.com) In mid 2009 the regulations to Law 36 of 2007 for the promotion of film and audiovisual industry in Panama. It was, supposedly, the first step in developing a domestic industry. Nothing is further from reality, made the local film guild that time, sustaining their discomfort in the absence of points in the legal document that favored projects in … [Read more...]
Chinese delegation to be largest in Panama trade fair Expocomer 2011
(Xinhuanet) The Chinese commercial delegation will again be the largest one in the international trade fair Expocomer 2011 in Panama, the authorities said Wednesday. Fernando Arango, president of the Commerce, Industry and Agriculture Chamber, told Xinhua in the fair presentation that China will take 73 stands in the exhibition. "China's participation is important to us. … [Read more...]
Trump tower in Panama will open in June
(prensa.com) The entire Trump family will visit Panama in June to open the first hotel of their chain in Latin America ā an investment of over $220 million, reported Ivanka, daughter of tycoon Donald Trump. Ivanka acknowledged at a news conference that "we still need to sell a lot of real estate" (the hotel was financed by a bond issued in the amount of $220 million in … [Read more...]
Panama seeks energy from wind
(evwind.es) In order to facilitate the construction and installation of wind turbines and renewable plants in general, and to regulate their development in Panama, the Government is drawing up a new legal framework. The Panamanian authorities have approved 25 applications for the construction of wind farm projectsĀ totaling 2,064 MW. A new regulatory framework will … [Read more...]