The MSC Caterina becomes the 3,000th vessel to transit through the Expanded Panama Canal, March 2, 2018. Photo: Panama Canal Authority. More than 3,000 vessels have now transited the Expanded Panama Canal less than two years since the new locks opened for business, the Panama Canal Authority (ACP) has announced. The containership MSC Caterina marked […]
The challenge in defining the most appropriate pricing system for each company is to identify what value the products and services sold have for each customer. The founder of Fijaciondeprecios.com, Ariel Baños, explains the key elements for determining how companies should establish prices for their products and services. Baños notes, “…The price should be related to […]
In the first nine months of 2017, countries in the region imported $110 million worth of hydraulic cement, 38% more than was purchased in the same period in 2016. Figures from the information system on the Hydraulic Cement Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData : Click to interact with […]
Panama’s foreign ministry on Friday published a list of 20 countries that discriminate against Panamanian imports as a first step toward establishing reciprocity measures. Panamanian Trade Minister Augusto Arosemana said that the publication of the list was a “very novel step in our country’s foreign policy.” “We have the responsibility to defend the interests of […]
In January 2018 the cost of new construction, additions and repairs grew by 22% compared to the same month in 2017, rising from $95 million to $117 million. The most recent figures from the Comptroller General of the Republic show that the highest value of new construction, additions and repairs was registered in the district […]
Panama’s National Assembly is debating a measure to legalize medical marijuana, but in sharp contrast to neighboring Colombia, the program would fly pretty close to the ground. In a play to social conservatives, the law would only allow imports and users would be limited to extracts rather than herbaceous cannabis. The first of the three […]
Trump hotel executives were ousted from their offices in Panama’s Trump Hotel on Monday, as Panamanian officials stepped in to resolve a 12-day standoff between Trump’s company and the property’s owners. Trump’s security guards also left the property, and crews immediately began stripping Trump’s name from the building. The action began when a Panamanian judge […]
With a loan from the Andean Development Corporation, part of the master plan for agriculture in the Western region will be financed, which consists of the improvement of productive infrastructure, acquisition of equipment and supplies and management of water resources. inShare The program comprises seven components in its first stage: research, extension and technical assistance; […]
A contract has been awarded to Constructora MECO for the design, construction and maintenance of works for the renovation of the Transístmica highway, section Plaza Agora – San Isidro Station. The companies that took part in the tender for the renovation of a stretch of approximately 10 kilometers were Constructora MECO, Sacyr Construcción, Constructora Urbana and Conalvias […]
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”, […]