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Embassy News 2007
Embassy News 2006
Embassy News 2005
Embassy News 2004
2008
Trilateral CSR Agreement among Mitsubishi, INADEH and CAPAC
Oct. 2008
As a result of a previous visit to Panama carried out by Mr. Mikio Sasaki, Chairman of the Board of Mitsubishi Corporation, the Panamanian Construction Chamber (CAPAC, in Spanish) signed a Corporate Social Responsibility agreement with Mitsubishi Corporation and the National Training Institute of Human Development (INADEH, in Spanish), for the amount of US$ 750,000.
The agreement seeks to train human resources in the construction sector, particularly in welding, bricklaying, reinforcement and electrical work, which are high-paid jobs demanded in the labor market.
In this connection, CAPAC will identify the training needs in the construction sector, choosing the personnel for the training program as well as to manage the funds provided by Mitsubishi Corporation.
Naomi Yamada Mola School 2nd. Exhibition
Ms. Naomi Yamada, one of the Japanese famous mola artists will present mola works of her school. The details are following.
Date: From Tuesday December 9, 2008 to Monday December 15, 2008
11:00-18:00 (On Dec.15: 11:00-16:00)
Place: Gekkoso-Gashitsu “Konparu”
Konparu building 4 floor, 8-7-5, Ginza, Chuo-ku, Tokyo, 104-0061
Tel: 03-9571-1116 or 03-3572-5605
Contact: Ms. Naomi Yamada
1-42-1 Den-en-chofu, Oota-ku, Tokyo
Tel.&Fax 03-5483-2181
Panama Canal Financing Structure Approved.
H.E. Martin Torrijos, President of the Republic of Panama, announced the financing structure for the Panama Canal Expansion Program.
Five major multilateral agencies from Europe, Asia and Latin America have offered to finance the Canal expansion project. On this regard, the Panama Canal Authority (ACP) has accepted the banks' offer.
The $2.3 billion financing package will cover a portion of the $5.25 billion total cost of the project and will be allocated as follows:
ACP Expansion Program Financing Structure
-European Investment Bank (EIB) $ 500 million
-Japan Bank for International Cooperation (JBIC) $ 800 million
-Inter-American Development Bank (IDB) $ 400 million
-International Finance Corporation (IFC) $ 300 million
-Corporación Andina de Fomento (CAF) $ 300 million
Conditions
-Guarantee: No collateral guarantee required to the Panamanian government.
-Secondary commitment: ACP is not obligated to acquire goods and services from any particular source.
-Independence: Creditors will not intervene in the administration and operation of the Canal.
-Period: Loan will have a 20-year payment period with a 10-year grace period in capital payment.
-Rate: The $2.3 billion loan has been negotiated at an interest rate of 5.49%. In the original estimate, the ACP had set an interest rate of 6.25%.
International Conference on Secure Trade and Transport
The Government of the Republic of Panama will celebrate the International Conference on Secure Trade and Transport, which gathers public and private authorities and experts from November 18 to November 21, 2008 at the Convention Center of the City of Knowledge, Panama City.
The conference aims at evaluating the state of security of trade and transport regionally and worldwide. It also seeks to analyze and project the threats, share information, experiences and knowledge as well as to promote the exposure, transfer and acquisition of technological innovation in products, equipment and software in regard to security in world trade and transport.
For more information about this conference and application form, please take a look at the website of the Ministry of Foreign Affairs of the Republic of Panama:
http://www.miregobpa.info/adjuntos/cicts.html
The application form must be sent no later than November 6, 2008 to the General Coordination of Ministry of Foreign Affairs of the Republic of Panama, Fax :+(507)-511-4040/4042, or e-mail: confepa@mire.gob.pa
Exhibition of Ms. FUMIKO NAKAYAMA’s work of ”MOLA(Panamanian Traditional Art)”, featuring “Genji Monogatari(classic work of Japanese literature)”
Mrs Fumiko NAKAYAMA will present her Art of MOLA (Panamanian Traditional Art of colorful cloth) featuring“Genji Monogatari (classic work of Japanese literature)”.
Place: Ishiyama Temple, Hikari-Do, 1-1-1 Ishiyama Temple, Ootsu-shi, Shiga
Dates: Sat.1, November, 2008 – Sun.30, November, 2008
Entrance fee: 300yen/person
Contact: Nakayama Handicrafts Institute 075-811-2211
Saladino won a gold medal for Panama in Men’s Long Jump in Beijing Games.
(August 18th, 2008) Irving Saladino (25) jumped 8.34 meters in his fourth attempt, claiming the first gold medal for Panama in Beijing. Saladino, long jump 2007 world champion, marked a personal best of 8.73 meters earlier this season. It is also Panama’s third medal in the history of modern Olympics.
For further information, see The Official Website of the Beijing 2008 Olympic Games
Japan Tour of San Blas Band
The Embassy of Panama is pleased to inform that Min-On Concert Association has invited the Panamanian Band San Blas to carry out music performances throughout Japan during August, September, and October.
Besides San Blas Band, Min-On will present musical groups from other Central American countries on the occasion of the 45th Anniversary of its foundation.
San Blas Band was created in January 2007, and its members are top level musicians with a vast national and international musical experience, who have performed in several festivals in Panama and abroad. Its repertoire reflects Panamanian music mixed with modern rhythms.
It is important to point out that Panama enjoys a variety of musical rhythms such as salsa, merengue, reggae, reggaeton, folk music, and others, which depicts the Caribbean and very cheerful character of Panamanian people.
In regard to the salsa rhythm, Panama has produced a great salsa singer known as Ruben Blades, who is a four-time Grammy winner, and happens to be the present Minister of Tourism of Panama. In this connection, San Blas band has the privilege of being directed by Mr. Marco Linares, who has played guitar at Ruben Blades’ concerts in the past.
We harbor no doubt that the Japanese people will enjoy the great Panamanian rhythms of San Blas band, which is more than qualified to convey the Japanese people the unassuming feeling and character of Panamanians.
For tickets information, please contact the following person:
Mr. HORIE
Min-On Concert Association
Tel: (03) 5362-3400
Fax:(03)5362-3401
See Concerts Schedule
See leaflets “Viva! Centroamerica” (Only JAP)
See leaflets “The Sun of Centroamerica” (Only JAP)
See Min-On Association website
JAPAN VS. PANAMA Boxing fight
On June 28th, 2008, the Japanese boxer Yoshinori Miyata and the Panamanian Royneth “El Mus” Caballero, fought in Penonome, Cocle Province, Panama, as part of the activities on behalf of the social work of the Club 20-30.
See leaflet (only ESP)
Panama participates in the 29th World Amateur Go Championship
Mr. Edgar Escobar represented Panama at the 29th World Amateur Go Championship, which was organized by the Nihon Kiin and supported by the Ministry of Foreign Affairs and the Japan Foundation. The championship was held at Nihon Ki-in in Chiyoda-ku, Tokyo, from May 28th to 31st, 2008.
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