Panama 507
Transcript of Panama 507
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Capital: Panama City
Population: 3,292,693 as of July 2008*
Official Language: Spanish
Currency: Balboa (B/.) (U.S. Dollar in use as Legal Tender since 1904)
Gov. Type: Constitutional Democracy
Republic of Panama
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PERSONAL INTRODUCTIONS
Panama City
Situated along the Pacific Coast,
Panama City is modern and
resembles Miami in many ways.
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Business Attire
Conservative Style Casual Style
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1 Jan New Year's Day
9 Jan* National Martyrs' Day
February: Carnivals ( 5 days in February
scheduled 1 year prior).
21 Mar Good Friday
1 May Labor Day
15 Aug Old Panama City Day ( Observed in
Panama City only)2 Nov Difuntos Day
3 Nov Independence Day from Colombia
4 Nov Flag Day
5 Nov Independence Day ( Observed in
Coln City only)
10 Nov First Call for Independence fromSpain in Los Santos Province
28 Nov* Independence Day from Spain
8 Dec Mothers' Day
25 Dec Christmas Day
Panamas Holidays
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Greetings and Business Cards Exchange
-Business cards in Spanish or English
- Exchange cards when introduced.
-Handshakes both Men and Women.
-When seating, stand up when introducedto someone.
-Senior officials and the elderly are given
preferential treatment.
-Address by Title and last name. (e.g.
Licenciado Perez, Seora Garcia)
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Business Card Example
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Business Meeting Seating
Counter Party
Other Party
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Communication Style
-Conversations begin with small talks.
-Avoid embarrassment, dont disagree or criticize in public.
-Personal relationships are everything.
-Group oriented society.
-American gestures and insults widely understood.
-Nicknames are commonly used
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- Punctuality not often practiced by Panamanians.- Visitors are expected to be on time for meetings.
Business hours
Monday thru Friday From 8:00 am to 6:00 pm
Retail shops from 9:00 am to 7:00 pm and on Saturdays until
8:00 pm
Most business are closed Sundays
Banking hours
Monday thru Friday except Holidays from 8:00 am to 3:00 pm
Government hours
Monday thru Friday except Holidays from
8:00 am to Noon and 12:30pm to 4:30 pm
Lunch times
Usually range between 11:30 am to 1:30pm
Punctuality & Hours
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Dining
Entertainment
-Usually at the best Restaurants or Hotels.
-Invite your spouse.
-Good conversation topics: Sports, family,cultural local events.
-Avoid talking about the Panama Canal
Zone occupation by The United States.
-Be ready to accept invitations to local venues.
Panamanians like to Party!
- Drinking in social setting is OK.
-Smoking prohibited in government buildings
and all public establishments.
- Dress should be casual, avoid heavy jewelry.
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Food and Drinks
Typical Panamanian Food International Food
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Useful InformationCLIMATECLIMATE
Tropical climate. Humidity is veryTropical climate. Humidity is very
high. Rains a lot so, Dont forgethigh. Rains a lot so, Dont forget
your umbrella!your umbrella!
COMMUNICATIONSCOMMUNICATIONS
Telecommunications are first-classTelecommunications are first-class
and direct-dial service to anywhereand direct-dial service to anywhere
in the world is available.in the world is available.
\ENTRYREQUIREMENTS
A valid passport is needed to enter.A valid passport is needed to enter.
DEPARTURE TAX
A US$20 departure tax is charged
TIMEZONE
Panama is in the Eastern time zone.Panama is in the Eastern time zone.
Does not observe daylight savings time.Does not observe daylight savings time.
TIPPINGTIPPING
A tip of 10 to 15% is common in Panama.A tip of 10 to 15% is common in Panama.Some restaurants include the tip in the bill so check with management before tippingSome restaurants include the tip in the bill so check with management before tipping..
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Gatun Locks,
Colon, Pana
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Mira Flores Locks,
Panama City
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Panama City
Presented by:
Maria E. Lugo De Frias