Monday September 16, 2019
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Celebration in Panama City for its 500th anniversary

Panama City celebrates it with an enormous cake for 4,500 people

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panama
Panama City is a financial center and it is known as the Latin American Miami. Pixabay

Panama City, the first Spanish settlement on the Pacific coast of North America, celebrated its 500th anniversary with an enormous cake for 4,500 people reminiscent of the ruins of the city that Spaniard Pedro Arias Davila founded in 1519.

“The cake measures 3.63 meters (11.9 feet) long, 2.5 meters high and almost 2 meters wide. It’s made of vanilla (and) chocolate and filled with ‘dulce de leche’ (caramelized condensed milk),” pastry chef Eduardo Ruiz told Efe news on Thursday.

The cake, for which more than 2,200 kilograms (4,840 pounds) of flour was used and which about 100 people worked to prepare, is a 1:20 scale replica of the Historical District of Old Panama, which was declared a UNESCO World Heritage Site in 2003 and is one of the country’s most important tourist attractions.

The enormous pastry was to be unveiled amid the ruins of the archaeological site, but the intense rain on Thursday in the area forced organizers to move the event under an improvised arcade. Panamanian artist Anny Tovar was tasked with singing “Happy Birthday” to the city.

The festivities also included a parade in which about 100 musical bands participated with former world champion boxer Roberto Duran as the standard-bearer, along with actors outfitted as colonists and local Indians.

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A special day for Panama City as it celebrates its 500th anniversary. Pixabay

“It’s a very special day despite the rain. The water is much needed, it’s a blessing and the cake is remaining in really good shape,” Lourdes Cabrera, a 40-year-old Panamanian who attended the celebration with her whole family, told EFE.

The event’s agenda included artistic presentations in stations of the city’s metro, the only one in Central America.

Arias Davila founded the city on Aug 15, 1519, and it served as the departure point for numerous expeditions throughout the region and the collection point for the gold extracted in Peru, which was then transported by mule to the town of Portobelo, where it was loaded onto galleons for shipment to Spain.

The city was sacked and destroyed in 1671 by the famous English pirate Henry Morgan and the local authorities decided to rebuild at a spot 10 km to the southwest, erecting a city wall around a zone now known as the Old City, which each day welcomes hundreds of tourists.

Panama City celebrates 500th anniversary
Panama City is the first Spanish settlement on the Pacific coast of North America. Pixabay

Now, with its impressive skyline, Panama City is a financial center known as the “Latin American Miami,” and some 1.5 million people – almost 40 percent of Panama’s total population – live in the metro area, which features a busy international airport and the entrance to the Panama Canal, through which 6 percent of the world’s trade passes.

Also Read: Shashi Shanker Says ONGC to Invest Rs 83,000 crore in 25 Major Projects

Capital Mayor Judy Meana told the media that the city’s main challenge at present is “ending inequality” among the population and erasing the pockets of poverty that still exist there.

Panamanian President Laurentino Cortizo is scheduled on Thursday to hold a cabinet meeting to discuss tourism amid the ruins of Old Panama. (IANS)

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Important Tips to Follow if you wish to Expand Business Overseas

Want to spread your business overseas? Here is all you need to do for Spreading your business internationally.

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Tips to expand business overseas
Tips to expand business overseas. Flickr

One of the first things people notice when they branch out into doing business internationally is how big a role social norms play in business dealings. It’s the same in North America, but the contrast is much more jarring when dealing with a new country, new etiquette, and new expectations. Whether you are applying for financing from a lender or opening a new branch of your business overseas, it’s important to understand that how you conduct yourself can have a profound impact on the success (or failure) of your business. Here are a few general guidelines to help you conduct business in a variety of regions around the world.

In Asian boardrooms, meeting participants will typically be arranged by seniority. This is also the order in which they should be greeted, and the order in which you should pass out your business cards. This is a sign of respect. Speaking of business cards, be prepared to hand out many more in Asia than you would in North America. There is a ceremony around exchanging business cards in countries such as Japan. Be sure to invest in a business card case, as it is seen as rude and inappropriate to keep them in your wallet or pocket.

In some Middle Eastern countries, note that it is quite normal for a male client or colleague to grasp another man’s hand while walking together. Although this may seem unusual to North American sensibilities, it’s considered a sign of trust in some parts of the world.

It’s also a good idea to bear in mind that questions that may be perceived in North America as being simple small talk may actually consider quite rude and intrusive in some countries, such as questions about marital status, children, age, etc. In professional situations, it’s always best to err on the side of being too impersonal rather than to risk being considered nosey.

Gift-giving in a business setting is complicated in some cultures. In some cases, for example, it is considered improper to open a gift in front of the giver, so be aware of that if you are presented with a gift.

Manners are a very big point of difference among different cultures. For example, it is perfectly acceptable and actually expected, that diners will eat a sandwich with a knife and fork. Similarly, belching and slurping one’s food is considered rude in some cultures, but quite acceptable in others. It is considered socially unacceptable in countries such as Japan to be seen blowing one’s nose in public.

When it comes to professional attire, you can never go wrong erring on the side of conservative, no matter where you are in the world. Women should take special care to dress more modestly, as it can be a serious culture misstep to dress too revealingly.

When you do business with other countries, it’s important to know the business and legal issues that may arise, but never forget that business is, as the heart of things, a people-first endeavor. The more you can be aware of and respectful of the social expectations, manners, and etiquette in the region in which you are doing business, the more professional you will be perceived. And that can go a long way toward helping you to solidify meaningful business connections around the world. If you aren’t sure how to act or what to do, always educate yourself before you arrive. Not only do you not want to look foolish, you also don’t want to be insulting. There are lots of resources online and in books to help you navigate these challenging waters.