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Showing posts from August, 2016

Panama’s Megapolis Investment Group Selects Interval International’s Global Exchange Network for Its New Vacation Club

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Panama’s Megapolis Investment Group Selects Interval International’s Global Exchange Network for Its New Vacation Club. Club Includes Hard Rock and Radisson Branded Properties
Interval International, a prominent worldwide provider of vacation services and an operating business of Interval Leisure Group announced the affiliation of Mega Vacations Club in Panama. The club includes more than 1,500 units housed in the Hard Rock Hotel Panama Megapolis and the Radisson Decapolis Hotel, both situated in the exclusive Punta Paitilla area of Panama City.
“These properties reflect our commitment to providing high-quality vacation products with outstanding amenities and services that hold great appeal to potential buyers”
 “These properties reflect our commitment to providing high-quality vacation products with outstanding amenities and services that hold great appeal to potential buyers,” said Roko Setka, corporate general director of Megapolis Investment Group. “Our decision to affiliate Mega V…

How Lawyers Brought IHOP to Panama

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How Lawyers Brought IHOP to Panama. DineEquity Inc., the parent company of IHOP and Applebee's, has been expanding into markets like Panama, Kuwait and the Philippines. Overseeing the overseas push has been a team of 11 in-house lawyers led by general counsel Bryan Adel. The legal work has been challenging, they say, involving complex negotiations and more than a few 4 a.m. conference calls. But the efforts are paying off.
While Applebee's has been a global brand for years, DineEquity upped its expansion efforts in a big way in 2012, particularly for IHOP. It opened 20 IHOP locations in the Philippines in 2013. Another six locations in Panama followed this past May. And through international franchise agreements dating back to 2011, it has committed to opening more than 40 IHOP stores in the Middle East.
Adel is no stranger to international expansions, having worked in-house at McDonald's Corp. in the 1990s, when the company was in high-growth mode. But he knew he would nee…

Timetric´s analyzing the Insurance Industry in Panama

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Timetric´s analyzing the Insurance Industry in Panama. Timetric's 'The Insurance Industry in Panama, announced that is publishing a report providing detailed analysis of the market trends, drivers and challenges in the Panamanian insurance industry.
It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2010–2014) and forecast period (2014–2019).
The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Panamanian economy and demographics, and provides detailed information on the competitive landscape in the country.
The report brings together Timetric's research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulatio…

Aqua America Partners with Villanova University College of Engineering on International Water Infrastructure Project in Panama

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Aqua America Partners with VillanovaUniversityCollege of Engineering on International Water Infrastructure Project in Panama. Aqua America Partners with VillanovaUniversityCollege of Engineering on International Water Infrastructure Project in Panama. Aqua America, Inc. announced a partnership with VillanovaUniversity’s College of Engineering to provide mentorship opportunities, hands-on water quality expertise and foundation support for the college’s international service work. As part of this partnership, Aqua leadership and engineers will travel with Villanova faculty and students to various projects internationally.
They visited Panama on August 11. Members of Aqua’s leadership team accompanied the Aqua team that includes engineers and water quality experts. They will travel with Villanova Engineering Service Learning (VESL) representatives to inspect water project sites, meet with community members and connect with local nongovernmental organization (NGO) partners. The partnershi…

S&P affirms Panama Canal's ratings 'in line with expectations'

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S&P affirms Panama Canal's ratings 'in line with expectations'. The ratings come just over one month after the inauguration of the Panama Canal Expansion Program on June 26.
Standard & Poor's (S&P) Global Ratings affirmed its 'A-' long-term corporate credit and debt ratings of the Panama Canal Authority (ACP), reiterating the credit rating agency's trust in the management, operation and investments of the Panama Canal.
In S&P’s research update issued on Aug. 4, S&P Global Ratings stated that the ACP's operating and financial performance remained in line with S&P's expectations. The ratings affirmation reflects S&P's expectation that following the canal expansion, the ACP will benefit from sustainable traffic growth levels in the upcoming years amid a growing global economy and the canal's larger capacity.
"We expect the Panama Canal operator to maintain its exceptionally strong competitive position, because it&#…

VML Inc. will handle the promotion of Panama

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VML Inc. will handle the promotion of Panama. The contract is for US $ 20 million to be implemented between 2016 and 2018. VML, INC., founded in the United States, is an international marketing agency with offices in more than 100 countries.
Panama since 2012 does not count with an international agency for tourism. The campaign was interrupted after completion of the period of the last contract. The government cabinet of Panama endorsed the contract between the Tourism Authority of Panama (ATP) and the company VML, INC., For the implementation of a marketing strategy and communication, development and a comprehensive program of promotion, advertising (online and offline) , public relations and trade marketing (activations) to promote Panama internationally.
The contract is for US $ 20 million to be implemented between 2016 and 2018. The signing comes after the ATP obtained the authorization of the National Tourism Council, as the highest level of management and after consultation about t…