(Martes Finaciero) The dragon is the guardian of the treasures of Oriental culture. Custody are the riches of Gods and Earth. Due to his energy and confidence achieved feats powerful, and when it reaches the prosperity, shared the wealth with their friends. These features fit precisely to the so-called economic miracle countries of Asia, little giants renamed after … [Read more...]
Panama a country of contrasts
(Martes Financiero)With luck it takes about an hour and a half for Kenya to move from Tocumen to one of the apartments in San Francisco where she works as a domestic piece. Without social security and ailments that undermine her health, she enjoys her work place air conditioning "inverter" which contrasts with the old range of her modest home to eat while taking … [Read more...]
High prices hitting Panama
(Midario.com) Given the warnings from the International Monetary Fund (IMF) for a possible overheating of our economy, Diego Ferrer, advisor of Public Credit Ministry of Economy and Finance (MEF), said that Panama is not immune to these phenomena as any country in the world. He said we can not escape the excessive rise in the price of oil. He added: "In the energy field … [Read more...]
Panama Casinos provide jobs and revenue
(Panama Digest) If you are a shopper at Panama's "one armed bandits" the time is fast coming when for every dollar you put in the gambling machine, you will be donating 22 cents to the government jackpot. Panama’s casinos will soon be paying 15% of their gross monthly revenue to the government and slot machine rooms will be heading for 22%. Panama's full casinos … [Read more...]
World Bank lends Panama $55 million for efficiency programs
(prensa.com) The World Bank has approved a loan of $55 million to Panama to improve the "efficiency" of its public sector, banking officials announced Thursday. The loan, funded over 25 years, will seek "to improve the efficiency of the Panamanian public sector." The money will be used to help the government implement efficiency programs and prepare budgets. "The … [Read more...]