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Tag: panama
Viewing 6 - 10 out of 16 Blogs.
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Panama's economy continues to grow, helped by the Canal expansion, construction, tourism and telecommunications. While concern about the impact of the U.S. crisis is spreading throughout Latin America, at least one country is still dominated by general optimism: Panama. While stock markets were crashing in the United States, Brazil, Mexico, Europe and Asia, the Panamanian agency that runs the Panama Canal last week managed to raise $2.3 billion in financing... Read More
The panama Diamond Exchange is soon to be launched on October 24. The ceremony will be in the presence of Panamanian governmental ministers and deputy ministers, directors of the panama Diamond Exchange and leaders of the world diamond and jewellery industries including Avi Paz, President of the World Federation of Diamond Bourses (WFDB); Gaetano Cavalieri, President of CIBJO, The World Jewellery Confederation; Eli Izhakoff, Chairman of the World Diamond Council; Jacob Banda, President of th... Read More
Panama is set to receive US$2.3 billion in loans to expand the panama Canal, nearly half the money it needs to complete the seven-year project, the canal's administrator said Tuesday. A group of five multinational lenders are offering 20-year loans at a 5.4 percent annual interest rate — demonstrating the world's confidence in panama even as financial uncertainty wracks the globe, President Martin Torrijos said. The panama Canal Authority has said it will need US$5... Read More
Press Release from the Minister of the Exterior. Machine Translation:
The Ministry of Exterior Relations communicates to the citizens, airlines, travel agencies, operators and other interested organizations that, in coordination with other governmental institutions, it has been decided to establish a moratorium of one month for the yellow fever entrance requirements for all the people who wish to enter panama national territory, coming from the countries considered in risk of trans... Read More
Acording to Prensa Latina: Undeclared money confiscated at Tocumen international airport in panama this year amounts to 4.1 million dollars, reported official sources. According to the National Customs Authority in data quoted by daily Critica today showed that amount was seized from 105 passengers of diverse nationalities. In the most recent case, inspectors of the Fiscal Department confiscated 20 thousand 200 dollars from a Colombian citizen who carried the sum in one... Read More
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