Costa
Rica free trade talks resume
This month Panama again takes
up the dialogue for a free-trade agreement with sister nation
Costa Rica. The pause in the negotiations was due to Costa
Rica and other Central American countries working on the sumary
of an agreement with the United States that was approved in
2005.
President
Martin Torrijos Espino met with his Costa Rican counterpart,
Oscar Arias to discuss the agreement, including the incorporation
of technology into education.
Illegal
doctors investigated
The National Medical Association (AMN) asked the Technical
Council of Public Health of the Ministry of Health (MINSA) to
begin an investigation into the presumed illegal exercise of
the profession by foreign doctors in Panama.
Customs
Union Stalled
The Department of Customs has reiterated that Panama
is fully prepared to be integrated into a customs union with
Central America that facilitates international trade, although
preserving the rights and peculiarities of each country. However,
the Central American countries have not been able to arrive
at an agreement on the subjects of the sugar and coffee tariffs.
EU
to monitor shrimps
In June the shrimp farms of Panama will be submitted
to a process of inspection and certification by the European
Union that will seek to guarantee exports to that market. The
European specialists will evaluate the operation of companies
that operate in Coclé province and will carry out a laboratory
analysis on residues of heavy metals in the shipments destined
to the EU.
Police
to check insurance
The grace period has ended for vehicle drivers who
do not yet have third party insurance. The director of the Traffic
and Land Transport Authority, Severino Mejía, confirmed
that he would ask the police to carry out random checks on the
streets to ask drivers for this requirement.
Freeway
will give economic boost
Port, tourist, and commercial activities will register
a recovery with the construction of the Panama-Colón
Freeway, due to faster movement and safety of merchandise, declared
the president of the Colon Chamber of Commerce, Agriculture
and Industries, Carlos M. Gómez. "With the start
of works on the freeway, the port, tourist and commercial sectors,
as well as the community in general, will benefit" he said.
Protests
lead to lay-offs
Some 3,000 construction workers are unemployed due
to a total of 12 projects stopped for safety breaches that have
not been solved, said the leader of the Sole Union of Construction
Workers and Similar (SUNTRACS), Genaro López workers
had been protesting safety measures on building sites.
Oops!!
As soon as Ecuadorian president, Rafael Correa denounced
that fuel contraband to Panama and Peru causes losses of US$500-million
annually, the authorities clarified that Panama does not buy
fuel from that country.
Renewable
energy needed
The high indices of economic growth registered in
Panama requires the use of renewable energy sources, says the
executive president of Union Fenosa, Ricardo Barranco. "We
are worried about the energy situation, mainly because of the
admirable growth of the country, and we consider that ecological
generators should be built" he said.
Gaming
boom
The industry of gaming and luck had its best year
in 2006. The businesses of this sector attained income of US
$195-million, or 19.6% more than in 2005, according to the statistics
of the Gambling Control Board.
Dolphin
Park challenged
The construction of a "dolphinarium" at
Playa Corona, in the district of San Carlos, has caused protests
from environmentalist groups, and for this reason, the Ombudsman,
Monica Pérez met with the executive vice-president of
the company Ocean Embassy, Mark Simmons, to find out what repercussion
this project will cause to the environment.
Traffic
snarls ahead!
The work on the Coastal Strip road project that intends
to change the urban face of Panama City could last approximately
18 months says José Batista, director of Urban Development
of the Ministry of Housing (MIVI). The project contemplates
the creation of an urban park around the Bay of Panama.
Compensation
pay out
The company Petroterminal de Panamá, S.A.,
gave checks to the fishermen of Chiriquí Grande affected
by the recent petroleum spill, as part of the contingency program
that it has been carrying out for the group of people who had
to suspend their activities in the area.
Ready
aye ready
The cruise ship Regal Princess, that had planned to
dock at Pier 6, Cristobal, Colón, nearly collided with
the port structures. However the situation was controlled by
Panama Ports Company personnel prepared to attend to any emergency.
Truckers
slow down
The cargo truckers in Colon have declared war on several
shipping companies that refused to pay the rate requested for
the work carried out in the container storage areas. The cargo
workers, decided to hinder all the operations of four shipping
companies using the installations of Colon Container Terminal
(CCT), by maintaining a position of minimum movement. |
Advance
briefing on enlargement.
The Panama Canal Authority (ACP) gave advance news
on the project of enlargement of the waterway to the heads of
ports and maritime authorities of the US and Canadá,
who are all members of the American Association of Port Authorities
meeting in Washington D.C.
Chile
on side with expansion
The president of Chile, Michelle Bachellet, during
her visit to Panama agreed with the enlargement of the Panama
Canal despite an increase of tolls that are planned to finance
part of the expenses of the work. Bachellet met with president
Martin Torrijos for of an hour and a half in the Presidency.
She also visited the National Assembly and the Miraflores Locks.
Free
trade accelerator
Chile has promised to ensure that its Congress ratify
as soon as possible the free trade agreement with Panama. The
president of the southern nation, president Michelle Bachelet,
said that the motor of the Chilean economy is the export sector
that represented some US$59-billion in 2006.
Port
personality of the year
For its leadership in the promotion of maritime transportation
and the approval of the project to enlarge the Panama Canal,
the executive board of the American Association of Port Authorities
(AAAP) selected president Martin Torrijos as the "Port
Personality of 2007". Torrijos was nominated by the delegation
of Latin America that brings together 45 ports in 15 countries.
Refund time
The Department of Incomes reported that it would proceed
to refund the full amount of representational expenses to those
contributors who really carried out the corresponding payment.
This obeys the decision of the Supreme Court that declared illegal
the tax on these expenses.
Medical
help on the way
The Minister of Health, Camilo Alleyne, visited in
Washington to finalize the establishment of the Regional Center
of Formation of the Americas in Panama that will give urgent
medical attention to settlers of remote rural areas of Central
America.
Sweet News
The production of honey in the country is beginning
to recover, after a reduction in 2004 as a result of heavy rains
during the crop-producing season. During 2006 production reached
58,722 gallons, a figure very close to the 62,245 gallons that
were produced in 2004.
Real
Estate Spectacular
Expanding investment and promoting Panama was the
aim of 160 real estate agents participating in the trade fair,
Panamá Spectacular 2007. More than 50% of the participants
were from the United States, plus Venezuela, Colombia and Costa
Rica.
Cayman
Islands trade links grow
Seaboard Marine was one of the key patrons of a trade
mission from the Cayman Islands. It is the second successive
year that Seaboard Marine has supported the growing trade between
Panama and the Caribbean Cayman Islands. A delegation of some
70 businesspeople under the auspices of the Cayman Islands Chamber
of Commerce visited Panama.
Public
Market expands
The mayor of Panama City, Juan Carlos Navarro, inaugurated
the second phases of the San Felipe Neri Market at the end of
Avenida Balboa, that is now the most modern in the country.
"We continue in our commitment to modernize the municipal
installations of the capital for civic benefit and to guarantee
a space for our farmers to sell their products," explained
Mayor Navarro, The market opens its doors from 2:00 a.m., for
wholesalers, and 5:00 a.m. for the general public until 6:00p.m.
Lufthansa
Freight climbs
The second-largest airline in Europe, Lufthansa, has
reported that it carried almost four percent more freight in
February than in the same period a year ago, the result of a
second consecutive month of double-digit gains in the Americas.
Iberia
Execs Visit
Executives of Iberia, the Spanish airline, traveled
from Spain to Panama to participate in the XXV Commercial Exposition
Expocomer 2007. Also at the event were the EU Representative
to the Central American Parliament (Parlacen) Dr. Ricardo Lagos.
New wharves for Colon
The government of Panama jointly with the International
Agricultural Development Fund (FIDA) of the UN, plans to build
wharves in 12 communities of the Costa Abajo (Lower Coast) of
the province of Colon, on the Caribbean coast. A government
source said that the works have an approximate cost of US$450,000.
The project forms part of the Program of Sustainable Development
that is being carried out by the FIDA in the regions of Capira
(40 kilometers northwest of the Panamanian capital), Coclé
(200 kilometers to the west) and Colon (80 kilometers to the
north).
Looking
ahead
The Mayor of Panama City, Juan Carlos Navarro, last
week promoted the Forum Panama 500, looking towards the year
2019 when Panama City will celebrate 500 year since its foundation.
Town planners, economists and environmentalists of world importance
carried out a dialogue at the forum on the future needs of the
city. |