Although this is the headline from
today's La Prensa, based on what is in the story and other sources I am not so sure they will have to give up too much. Sounds more to me like placating rather than real substance.
Honduras has been in the news a lot the last two weeks and I am sorry to have heard so many come out against the so called coup that removed Zelaya from office.
I encourage everyone living in Panama to read the new presidents first address to the nation. If you are considering living or investing here you should read it as well.
Latin Business Chronicle has a special report on the election of Ricardo Martinelli and the jest
of the report is that he is business friendly and considered to be more right leaning than most of the Latin American leadership.
This upbeat article from the Telegraph should help spur more interest in Panama
as the rest of the world sinks further into economic morass. Pretty well done.
Surprisingly the number of companies registered in Panama actually increased according to an article from La Prensa last week. The amount of money invested also increased significantly.
Tomorrow is the big day that the bids will be opened for the first time. Although the ACP expects the bids to come in within budgetary allowances, many are not so sure. In any case, the suspense will be lifted and the bids will be known win a few days.
The banking privacy issue continues to be a burr under the saddle of the G8 countries who are concerned that billions in taxes are being hidden away in Panama's numerous banks.