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1. Walt Disney Coming to Panama
By Rodrigo Campos, Associated Press Writer Ciudad de Panama—Panama officials confirmed today that the government of Panama has issued The Walt Disney Company the required permits to begin construction on a $658 million theme park near the Pacific Coast. The first phase of the project, which will be named Disneylandia, ...

2. The Disney in Panama Article Was An April ...
By DON WINNER for Panama-Guide.com - My friend Jerin Tate wrote and sent via email a gag article on April 1st, intended as an April Fool's day joke, talking about how Disney was going to come to Panama and spend millions of dollars to build a huge park here (here's ...

3. Refinery Making Huge Steps Forward
By Mireya Rodríguez for Panama America - By the end of 2007 or the beginning of 2008 the Occidental Petroleum Corp. (OXY) will finish their feasibility study regarding the possibility of building a petroleum refinery in Puerto Armuelles in the province of Chiriquí. The refinery, with a cost of about ...

4. Harken Will Drill For Oil in Panama
By Gustavo A. Aparicio O. for the Panama America - The Harken company from the United States has requested authorization from Panama's Ministry of Commerce and Industry (MICI) to start drilling exploratory wells in Panama to determine if oil exists. According to the Vice Minister of Domestic Trade, Manuel José ...

5. Construction Starts on Former Howard Air Force Base
Telemetro Reporta - The English company London & Regional Properties started today, Thursday, the construction of a real estate project that will transform the former American Air Force Base into an urban, commercial and tourist center. "We are able to attract foreign investment at a time when it has been ...

6. Multinationals Taking Advantage of Law 41
By María De Gracia for the Panama America - So far fifteen multinational companies have take advantage of Law Number 41 of August 2007, which provides incentives for international companies to establish their regional headquarters in Panama. The primary benefits received are a total exoneration of income taxes, the possibility ...

7. ST Aerospace’s Panama Aerospace Engineering commences operations
Singapore, 16 May 2007 – Singapore Technologies Aerospace Ltd (ST Aerospace) today announced that its subsidiary, Panama Aerospace Engineering Inc (PAE), has inducted its first aircraft on 12 May 2007, after receiving their certification by Panama’s Autoridad Aeronáutica Civil (AAC). This first aircraft is a Boeing 737-700, and it comes ...

8. PSA International wins Panama terminal concession
PANAMA CITY, March 12 (Reuters) - Panama's government said on Monday it awarded a concession to build a container terminal in the canal zone to Singapore-based port operator PSA International Pte. Ltd. "In the next eight years, it will double the country's port capacity," the government said in a statement. ...

9. "Gai Kukken Afen Yam" - Raw Sewage Flowing ...
By DON WINNER for Panama-Guide.com - I just confirmed what I had previously suspected regarding the area of Isla Colon in Bocas del Toro described by La Prensa as "environmentally fragile." I'll say. There's no black water sewage pipe to service the houses bordering that area. Right now the residents ...

10. 'Bid on Panama'
By Tony Best for nationnews.com - BARBADIAN FIRMS are being urged to become involved in the expansion of the Panama Canal by bidding on lucrative contracts for some of the construction. The plea has come from Michael King, Barbados' ambassador in Washington, who said that while workers from Barbados, Jamaica ...

11. Blaojevich recognizes two Williamson County companies
BY John D. Howman for The Southern - WILLIAMSON COUNTY - Two Williamson County businesses have been recognized by Gov. Rod Blagojevich for their success at a state-led foreign trade show in Panama. It marked the first time an Illinois delegation had traveled to a Central American country. Advanced Power ...

12. Fishing for trees: Alaska company heads up Panamanian ...
By Carly Horton for the Alaska Journal of Commerce - Kuna Indians from the San Blas Islands inspect a stump extracted from Gatun Lake, near the Panama Canal, by Anchorage-based marine diving contractor Gunderboom Inc. Gunderboom is training members of the Kuna tribe in basic commercial diving, and to use ...

13. The IDB goes with the flow
Edited by Richard Lapper, Latin America editor Ft.com - Luis Alberto Moreno, president of the Inter-American Development Bank, made his priorities clear last year when shortly after taking up the job he threw the bank's weight behind a new policy designed to integrate Latin America's poor majority into economic development. ...

14. PEMEX Starts Operating in Panama
Panama, Mar 20 (Prensa Latina) Mexican Oil (PEMEX) began operating in Panama to distribute and supply oil to the ships passing through the Panama canal, official sources reported on Tuesday. The Mexican enterprise was accredited as user of the Oil Free Zone after signing a contract with the Atlantic Pacific ...

15. London & Regional Signed Contract to Manage Howard
By Roberto E. Quelne for La Estrella - The company London & Regional signed a contract yesterday with the government of Panama to be the "master developer" of the former Howard Air Force Base for 40 years. London & Regional will turn the area into a new commercial urban district. ...

16. Panama Praises Bush's Push for FTA
Panamanian Official Praises Bush's Push for Free Trade Agreement; Deal's Future Uncertain PANAMA CITY, Panama (AP) -- Panama's commerce and industries minister praised U.S. President George W. Bush's notification to Congress that he plans to sign a free trade agreement with Panama. Alejandro Ferrer described the move as "really positive ...

17. Japan's deputy Finance Minister confirms loan to Panama
Panama, March 22 (NNN-PRENSA LATINA) Japan's Deputy Finance Minister Kazunori Tanaka has concluded an official visit to Panama where he confirmed his country's loan worth USD 160 million for an environmental programme. Under the agreement, the Japanese Bank for International Cooperation will deliver USD 160 million for cleaning up the ...

18. HP to Open Global Services Delivery Center in ...
PANAMA CITY, Panama, Oct. 10, 2007 /MySolutionInfo/ - HP today announced plans to build a global delivery center in Panama City, Panama, that will provide services to help customers better manage business information and optimize their technology infrastructures. Panama City was selected due to its well-developed information technology infrastructure, large ...

19. Hewlett-Packard To Open New Regional Center in Panama
By Kathyria Caicedo for Telemetro Reporta - As part of an expansion plan by Hewlett-Packard in Latin America, the company has decided to establish a Global Services Center in Panama. The objective of this center will be to optimize applications and technological infrastructure, as well as to manage client information. ...

20. Panama International Merchandise Mart - PIMM
(Press Release) The Panama International Merchandise Mart (PIMM) is currently under development near Panama's Colon Free Zone and is Latin America's first wholesale merchandise mart. Now you can book a showroom, office and or condo at PIMM's new website (www.pimm.com). When you do, projections prove you can make US$2 million ...

21. Panama Cancels $400 Million Dollar CEMIS Contract for ...
By Edith Castillo Duarte for La Prensa - Panama's government decided to terminate, "for breach", the contract granted in 2002 to the Partnership San Lorenzo to develop a Multimodal Industrial and Services Center (Cemis) in the city of Colon. The subject was analyzed yesterday in a meeting between the Board ...

22. Executive Cabinet Approves Extension for Puerto Armuelles Refinery ...
By DON WINNER for Panama-Guide.com - Panama's Executive Cabinet, led by President Martin Torrijos, authorized an extension on a Memorandum of Understanding to the companies Qatar Petroleum International and Occidental Midstream Projects (a subsidiary of Occidental Petroleum) to allow them more time to continue their studies related to the potential ...

23. Adios to Chiquita Bananas in Panama
Panama, Mar 1 (Prensa Latina) Members of cooperatives and workers celebrated withdrawal of the Banana Transnational company Chiquita Brand from Panama, which has controlled fruit business in the country for the last 80 years. The event was celebrated with a ceremony at Baru locality, Chiriqui western province that was attended ...

24. Vice Prime Minister of Qatar arrives Panama to ...
La Estrella de Panama - The Vice Prime Minister of Qatar, Abdullah bin Hamad al-Attiyah, will begin an official visit to Panama tomorrow related to the construction of a petroleum refinery in the western part of Panama, an official source revealed today. Abdullah bin Hamad al-Attiyah is also the Ministery ...

25. Ocean Embassy Abandons Plans for Dolphin Park in ...
By Eric Montenegro for the Panama America - The company Ocean Embassy has desisted, through a note sent to the Aquatic Resources Authority of Panama (ARAP), its plans to build a dolphin based water park in San Carlos. Reynaldo Pérez Guardia, the administrator of the ARAP, said he does not ...

26. Panama Has "Issues" To Resolve Before FTA Can ...
By EDITH CASTILLO DUARTE for La Prensa - Panama has issues that have to be resolved before the bilateral Free Trade Agreement between the United States and Panama will be debated before the US Congress. This, according to the Chairman of the Ways and Means Committee of the House of ...

27. Thacher Proffitt Completed Trump Ocean Club Bond Offering
NEW YORK, Nov. 20 /PRNewswire/ -- Thacher Proffitt & Wood LLP announced today that the Firm acted as underwriter's counsel on a $220 million senior secured note offering for Newland International Properties, Inc., the company that owns and is developing the Trump Ocean Club International Hotel and Tower in Panama ...

28. Latin America's Informal Economy Proves Hard to Control
Informal economy proves hard to controlAbout half of Latin America's urban workforce toils in the informal economy despite efforts to bring them under greater government oversight. BY TYLER BRIDGES for the Miami Herald - LIMA - Wilmer Pinto never considered getting a business license when he installed a second-hand sewing ...

29. Schat-Harding New Panama Service Station
Leading lifeboat and davit manufacturer Schat-Harding has put in place a key new facility in its global service network with the acquisition of Panama Maritime Support Inc. The Panama-based independent lifeboat service company will form the basis of an expanded service facility able to provide Original Equipment Manufacturer lifeboat and ...

30. Digicel Launches in Panama
KINGSTON, JAMAICA -- (Marketwire) -- 12/02/08 -- Digicel, the largest telecommunications operator in the Caribbean and recent entrant to the Central American market, today launched operations in Panama -- its third Central American market and 31st market world-wide -- with an investment of US$350 million.Digicel now offers seamless mobile telecommunication ...