Thursday, September 29, 2011

Panama’s economic activity keeps pace: 8.68% in 2011

Panama’s economic activity keeps pace: 8.68% in 2011

Panama’s economy is healthy! According to the latest report by the General Comptroller of the Republic of Panama, in the first seven months of 2011 the monthly index of economic activity (IMEA) grew by 8.68% over the same period last year. The best performing sectors were: construction, transportation, storage, communications, trade, hotels and restaurants, mining and quarrying, the social and personal community services, electricity, water and manufacturing.

Thursday, September 22, 2011

President OBAMA promises commercial Agreement with Panama

President OBAMA promises commercial
agreement with Panama at the UN General Assembly

President of Panama, RICARDO MARTINELLI, participated yesterday in the debates of the opening of the sixty sixth United Nations General Assembly, where subjects in reference to the challenges of the Nations of the world and national concerns were discussed.
Martinelli also met with the President of the United States, Barack Obama, who said that the commercial promotion treaty (free trade agreement) will be a reality. “Soon we will see the culmination and realization of the United States FTA”, said Martinelli. Among the leaders that met with them, was Chilean President Sebastian Pinera, who will visit Panama in October, President Mikheil Saakashvili, from Georgia, and some executives from AES Panama and Petroterminal of Panama.