Panamerican Beverages (Panamco) revealed today that it expects to record one-time charges in its third quarter of around US$95-$98m, before taxes, or US$80-$83m, net of taxes, in order to address the deteriorating economic conditions in some of its markets. "We have moved aggressively and proactively to enhance our ability to operate successfully in a very difficult macroeconomic environment, with the additional benefit of positioning ourselves to reap even greater rewards as the economic environment improves," stated Craig Jung, Panamco's chief executive officer.