(prensa.com) Vice President Juan Carlos Varela said in an interview Friday that Panama will begin a "big push" to get the U.S. government to approve a free trade agreement between the two countries. Varela said that the first step is having the new Panamanain ambassador to the U.S., Mario Jaramillo, present his credentials to President Barack Obama in the coming days. He … [Read more...]
Panama strives to be chief financial center of Latin America
(NewsroomPanama) Panama’s International Banking Center aims to become "the main financial center for Latin America" according to the Superintendent of Banks, Alberto Diamond. A recent report presented to the banking community, diplomats and Panamanian officials showed that the center grew an estimated 11.4 percent in 2010, reaching $71.3 billion in consolidated … [Read more...]
Emerging markets express interest in Panama at Davos
(PanamaAmerica) New markets like India, Eastern and Central Europe met and expressed interest in the qualities of the Panamanian economy to do business in future investment. This new interest from other countries took during the speech by President Ricardo Martinelli in the session on "The role of business in development" held at the annual World Economic Forum. "We … [Read more...]
Panama Exports to Central America Grow 9.8 Percent
(PanamaDigest) In dollars, that means that exports grew from $ 74.9 million to 82.3 million. Henríquez said that this growth is due to the recovery of industrial and agro-industrial exports such as palm oil, prepared medicines, boneless beef, milk, concentrated cream and canned salmon. The most significant growth was in El Salvador (68.3%), Honduras (56.9%), … [Read more...]
Panama represented at World Tourism Fair in Madrid
(PRnoticias) Panama Tourism Authority (PTA) is leading the delegation of Panamanian companies to participate in FITUR, Madrid, Spain from 19 to 23 January. FITUR is the largest tourism fair in the world and the latest statistics show that in 2010 participated 11.000 exhibitors from 166 countries, 124.644 professionals and 7, 352 journalists. General Manager of the … [Read more...]