What Uber Knows About Pricing


News from Panama

Fact: Now the biggest taxi company in the world, Uber is just a software tool, they don’t own any cars. In addition to revolutionizing the concept of transport in cities, Uber is also an example of how trends in price management are changing within companies. The processes and methods followed by businesses to determine the […]

May 18, 2016

Panama: Three Bids to Build Hospital


News from Panama

Proposals range between $163 million and $178 million, and were submitted by Salud Panamá Norte, Hospital Panamá Norte y COPISA – Fortec D’Angelo for the design and building of a new hospital in North Panama. The proposal from the consortium Salud Panamá Norte was $163.2 million, Hospital Panama Norte bid $178.4 million and COPISA – […]

May 18, 2016

Panama airport places $575 million bond after probe hits issue


News from Panama

Reuters reports that Panama City’s main airport said on Friday it had successfully placed a $575 million bond after a company forming a major source of income for the hub became embroiled in a money-laundering probe, prompting the issue to be restructured. Originally earmarked for $625 million, the bond for Tocumen International Airport was pared […]

May 18, 2016

Colombia seizes tons of cocaine near Panama


News from Panama

Colombian authorities have made the “biggest seizure of drugs in history,” according to President Juan Manuel Santos. Security forces discovered eight tons of cocaine in a hideaway under a banana plantation. The seized narcotics have an estimated value of $240 million (212 million euros), officials said Sunday. Colombian authorities found the drugs near the border […]

May 18, 2016

Brazil: Hope for the Economy


News from Panama

    Business Friendly                                                         Messy Legacy Brazil’s interim president brings hope for local and foreign investors as reported by Latinvex in this very comprehensive article. Although he faces Brazil’s worst economic crisis in more than two decades, the country’s new interim president Michel Temer is bringing hope to both local and foreign investors due to his […]

May 18, 2016

Plastic Bottle Village in Panama


News from Panama

A friend of mine sent me this article.  There is a guy in Bocas del Toro activley involved in building a community of homes using plastic bottles!! Average humans can consume 15 or more drinks in plastic bottles a month. If you were born after 1978, and live until 80 years old, you will leave […]

May 18, 2016

Panama and the Automatic Exchange of Tax Information


News from Panama

The Organisation for Economic Co-operation and Development has announced that Panama has accepted the automatic exchange of tax information with countries with which it has a bilateral agreement for the exchange. Panama has promised to use the common communication standard for information produced by the OECD and the G20 for this information exchange. Panama has […]

May 18, 2016

Are We Near an Imminent Banana Crisis?


News from Panama

Bananas. Some sources label them as the world’s healthiest food due to their long list of health benefits. They are high in antioxidants, are thought to aid digestion and even combat some types of cancer. With more than 100 billion bananas consumed every year, they are one of the most important food crops in the […]

May 18, 2016