The Panama Canal has amended a tender for the engineering, design and construction of an optimized water management system after receiving more than 250 potential bidder inquiries following the opening of the prequalification period in September. The Canal has been grappling with unprecedented drought constrained water levels, and the tender is the first component of a program […]
Italy’s Enel SpA (BIT:ENEL) has commenced construction of a 26.24-MW solar park in Panama’s province of Chiriqui. The company, through Enel Green Power Panama (EGPP), said today that the Esperanza photovoltaic (PV) solar plant is expected to be up and running in the first half of 2021. Esperanza is part of EGPP’s USD-50-million (EUR 42.5m) […]
Fitch Ratings-New York/London-09 November 2020: Panama’s latest changes to its fiscal rule reflect the negative impact of the coronavirus, but the revised rule still envisages gradual deficit reduction over the next five years, Fitch Ratings says. The economic and fiscal impact of the pandemic, along with the development of credible consolidation plans, will be key […]
Between 2018 and 2020, it is estimated that the demand for data services in the fixed and mobile network grew 2.5 times, a rise that can be partly explained by the need to work at a distance and receive educational services online. Because of the spread of covid-19 and the imposition of restrictions on mobility, […]
While Panama was not in the path of Hurricane Eta, the strom effects caused significant damage and loos of life in Wester Chiriqui with 17 deaths and 68 people missing Approximately 600 U.S. military personnel are supporting rescue efforts in Honduras and Panama after Hurricane Eta devastated Central America on Thursday. SOUTCHOM’s Joint Task Force-Bravo mobilized […]
Edelman has inked a $1.3M contract to bolster the profile of Panama in the US, UK and European Union via press relations and content development for earned and social media. Funded by the United Nations Development Programme, the contract was ironed out in Panama City on Sept. 24 via a zoom meeting with members of the […]
Lexology GTDT Market Intelligence provides a unique perspective on evolving legal and regulatory landscapes. This interview is taken from the Shipping volume discussing topics including sources of finance, compliance initiatives and foreign court decisions within key jurisdictions worldwide. 1 What is the current state of the shipping industry in your country? While 2019 was a […]
When the pandemic began, interest among Central Americans in travel agency and other tourism-related services dropped significantly, and although it rebounded in mid-May, in recent weeks it has again reported a downward trend. Through a system that monitors in real time changes in consumer interests and preferences in Central American countries, developed by CentralAmericaData, it is possible […]
From November 25 to December 4, 2020, the “China-Central America and South Pacific International Trade Digital Exhibition” will be held, a virtual event in which more than 600 Chinese companies will exhibit their products to companies in the region. Construction materials, hardware, light industrial products, machinery, vehicles, communication equipment, electronic products, household appliances and daily […]
Countless people all over the world are being affected by the COVID-19 pandemic. Some have been out of work due to sickness, others have even lost jobs. In Waukesha, one church’s mission took a step forward on Saturday, Nov. 14 — helping to feed hungry families in need during a hard time for many. With […]