Prices: The Art of Discounts


News from Panama

How do companies that permanently use large discounts and offers sustain their strategy? In his analysis of setting prices, Ariel Baños, an expert on the subject, explains the elements that companies should take into account when offering discounts and promotions to their customers, warning how the cost assumed when providing a discount must be “shared”, […]

March 6, 2018

What I Am Watching Now


News from Panama

I love this Commencement Address given by Admiral William H. McRaven which he gave in UT Austin in 2014.  It is truly inspirational and I dust it off and watch it now and then for a boost. Remarks by Naval Adm. William H. McRaven, BJ ’77, ninth commander of U.S.Special Operations Command, Texas Exes Life Member, […]

March 6, 2018

What I Am Reading Now


News from Panama

The road to the rink was short but slow going. We had just left the remote village of Tangtse, which you can find on Google Maps, for the even remoter village of Chibra Kargyam, which you can’t. It was the last leg of our long journey into northern India near the country’s disputed border with […]

March 6, 2018

The Luxury Collection Hotels Debuts in Panama


News from Panama

The Santa Maria, a Luxury Collection Hotel & Golf Resort operated by Bristol Hospitality Group, has opened in Panama City, following the recent inauguration of the brand’s first ski destination in North America. The five-star hotel represents The Luxury Collection’s sixth property in South America. The resort is located near the Corredor Sur highway, allowing […]

March 6, 2018

Bombs Abandoned by USA Found in Panama


News from Panama

Two more unexploded abandoned bombs have been found by Panamanian sappers on Isla Iguana, a place used by the United States to target practice, in southwestern this capital, where the search continues today, the Ministry of the Environment (MiAmbiente) reported.   So far, they only explored the fourth part of the El Cirial Beach, on […]

March 6, 2018

Law that Extends Consumer Protection


News from Panama

In Panama, Acodeco will be able to decide on warranty complaints without going to court, when dealing with products worth up to $5,000 and in the case of vehicles, up to $30,000. The Authority for Consumer Protection and Defense of Competition (Acodeco), reported that on February 22 a law came into force which is “… Law […]

March 6, 2018

More Business Between Panama and Chile


News from Panama

Manufacturing, fishery and aquaculture exports accounted for most of the 60% increase in sales from Chile to Panama between 2016 and 2017. Exports in the fishing sector include salmon and trout, which grew by 46% in the period in question, going from $6.2 million in 2016 to $9 million in 2017, according to figures from […]

March 6, 2018

$68 million Re-tender of Driver’s Licenses


News from Panama

The Panama Transit and Land Transportation Authority is once again putting out to tender services to issue driver’s licenses, for a term of 10 years. Due to non compliance with the requirements established in the contest by the three companies that submitted bids, last January the hiring process to provide a service to issue driver’s licenses and […]

March 6, 2018