Two companies interested in maintenance of the Centennial bridge


News from Panama

Two companies presented proposals for the public tender for the best value of the maintenance and rehabilitation project of the Centenario bridge. The fixed reference price reaches $5.6 million and the proposing companies were the CAA Centennial Bridge Rehabilitation Consortium (Centroequipos S.A., ARD Engineering INC., ATP Electronics, S.A.) with the sum of $ $6.2 million and […]

March 17, 2023

Group SURA posts 82% jump in Q4 net profit


News from Panama

et profit at Grupo SURA, Colombia’s largest investment company, rose by 81.9% in the fourth quarter of 2022 compared to the year earlier period, the firm said in a statement late on Tuesday. The company posted a net profit of 688 billion pesos ($142 million) for the October to December period. Total revenues in the […]

March 17, 2023

President Cortizo inaugurates the International David Fair


News from Panama

The President of the Republic of Panama, Laurentino Cortizo, inaugurated this Thursday the David International Fair, in the province of Chiriquí, which will be held until next March 26. During the event, the president authorized the investment of $3.3 million so that this year, through the “A Better Stallion” program, 1,200 milk and meat bulls […]

March 17, 2023

Project Management Lessons Of The Panama Canal


News from Panama

The idea had been bandied about for decades, but in January 1880 a bold French team finally embarked on one of the most ambitious projects of all time: building a shipping canal through the Panamanian jungle to connect the Atlantic and Pacific oceans. But in less than a decade the French canal company had gone […]

March 17, 2023

Panama economy expanded 13.5% in 2022


News from Panama

Panama’s economy grew 13.5% last year compared to the previous year, the Central American country’s comptroller general said on Thursday, reporting a gross domestic product (GDP) landing at 76.52 billion Panamanian balboas ($76.5 billion). “Economic activities continued to recover during the year, thanks to the pandemic coming under control, allowing for the total opening of […]

March 17, 2023