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DOING BUSINESS IN PANAMA

Business Customs & Etiquette

Punctuality is appreciated by business people, as is giving your host enough time to plan for your arrival. Thus, you should make appointments at least one week in advance. When you meet with your Panamanian colleagues, a handshake is a normal greeting. Do not rush into a meeting with talk of business right away. Your associates are more likely interested in getting to know you first. The exchange of business cards is important. If it is possible, get them printed in Spanish. This goes for any other literature you will be using for business matters.

Executives and general managers are expected to wear suits, whereas low-level managers usually wear panabrisas, shirts left untucked and worn over trousers. Foreign businessmen should always wear dark suits on their first visit, but later may wear panabrisas if their business associates do at the next meeting. Businesswomen should wear dresses or skirts and tailored blouses.......

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Approximate Word Count: 1710
Approximate Pages: 7 (250 words per double-spaced page)

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