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Archive | News from Panama

Panama Papers Committee Investigates in London UK, Home To 2,000 ‘Enablers’

While Panama received the brunt of the press after the release of the papers, London and Hong Kong is where the shuffling of money occurred. Graham Vanbergen at Global Research explores how this takes place. For a long time TruePublica has consistently reported that Britain is the centre of the global money laundering business with its […]

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Coffee: Global Prices January 2017

The prices of all varieties rose in January, especially Robusta, which increased by 6% compared to December, reaching the highest monthly level since September 2011. From a report by the International Coffee Organization: In January, the coffee market recovered from the fall in prices which was recorded towards the end of last year. While a […]

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International Tender: Master Plan for Panama Metro

With 33% of Metro 3 under completion,a call has been made for expressions of interest to develop a pre-feasibility study for a new network master plan for the Panama Metro system, with emphasis on lines 4 and 5. From the announcement made by the Panama Metro Secretariat: The general objective of the consulting services for […]

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Panama Canal sets new monthly tonnage record

The Panama Canal has set another record with transporting 36.1m of tonnes (Panama Canal tonnes PC/UMS) during the month of January 2017. During the month the canal registered the transit of 1,260 ships through both the expanded and original locks. The previous record was set in December 2016, when 1,166 ships transited the waterway for […]

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Central America: Fuel Prices up to February 13

Panama continues to have the cheapest prices for fuel.  Why are neighboring countries so much more.  See what the Ministry of Economy in El  Salvador says and please, someone translate this for me… Price of gallon of regular gasoline: Costa Rica $3.94, Nicaragua $3.47, Honduras $3.43, Guatemala $2.89, El Salvador $2.86 y Panama $2.70. From […]

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Panama registers 8% increase in 2016 bunker sales

Panama has registered an 8% increase in bunker sales volume for 2016 over the previous year, according to preliminary data from The Panama Maritime Authority (AMP). In 2016, Panama sold approximately 4m tonnes of bunker fuels, up from 3.72m tonnes sold in 2015 and a stronger 25% jump over the 3.2m tonnes sold in 2014, […]

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David Loe: Packing fun and education into Panama Canal

David Loe continues his story of travel to Panama Last week I wrote about the pleasure of departing on a cruise from Southern California. The itinerary I selected is a Panama Canal cruise that started in Los Angeles and concludes in Florida. Now a week later our ship is actually ready to transit the famed […]

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The Latest: Trump invites Panama, Trinidad-Tobago leaders

  President Donald Trump discussed what the White House calls “shared priorities” in phone calls to the leaders of Panama and the twin-island nation of Trinidad and Tobago. In statements late Sunday, the White House says Trump spoke to President Juan Carlos Varela of Panama and Prime Minister Keith Rowley of Trinidad and Tobago. Trump […]

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Panama receives new interceptor craft

Wow, this would make an incredible fishing boat where we could be on the fish in 15 minutes!! The Panamanian National Naval Air Service (SENAN) has commissioned four new Damen Interceptor 1102 fast craft that were delivered by Panama’s president Juan Carlos Varela on 6 February. Varela noted that the craft will help Panama strengthen […]

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It’s This Easy to Retire Abroad in Panama

Seth McNew writes for The Motely Fool about retiring in Panama. Retiring abroad might be much easier than you think. Here’s how Panama welcomes retirees with open arms, and what you need to know before you make the jump. Retirement can be costly. With the average life expectancy rising, and the costs of healthcare, insurance, […]

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