Panama increases connectivity via the Aurora and Caribbean Express cables Sydney, July 05, 2021 (GLOBE NEWSWIRE) — Just released, this edition of BuddeComm report outlines the latest developments and key trends in the telecoms markets. – https://www.budde.com.au/Research/Panama-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW The mobile sector has flourished since the arrival of Digicel Panamá in 2008 and of América Móvil in 2009, […]

Panama is a haven for expats, and it’s not hard to see why. The weather is lovely (around 80 degrees, depending on the time of year and location). The beaches are gorgeous (the western province of Bocas del Toro has hidden caves and great snorkeling). The country’s food scene is on the cusp of exploding […]

In recent months CAPA has reported widely on airport concession schemes and how the search for them is gaining strength in Latin America, where notable ones are already to be found in Argentina, Brazil and Mexico, while countries like Uruguay and Ecuador are trying to introduce them. The latest country to join them is Panama, an isthmus in Central America between Costa Rica and Colombia best known for its transoceanic canal, […]

The Panama Canal Authority is monitoring for high arrivals of LNG ships during the early part of July following a surge in transits during the final week of June.   From June 25-29, 11 LNG vessels arrived with reservations and three without. One of those without a reservation won an auction slot to transit July […]

Panama’s president, Laurentino Cortizo, announced on Thursday a US$12 billion public investment plan to boost the recovery of the economy, hard hit by the pandemic, in a speech in which he declared himself “optimistic” about the future of the country and which was delivered on the second anniversary of his government. The plan includes projects […]

Wingo Airlines successfully started the operation of its new route between San José and Panama this past June 25th. Aboard the company’s Boeing 737-800 NG that landed around 9:44 a.m. In the morning at the Juan Santamaría International Airport, the first travelers arrived who enjoyed this new flight; which will initially operate twice a week, on Mondays and Fridays. […]

Premium cruise brands are quickly putting together a quick restart, launching service again not only in Europe and Asia but also the Caribbean and the United States. Here’s the latest: Holland America Line First sailing: July 24, 2021 Ships: Nieuw Amsterdam, Eurodam, Zuiderdam, Koningsdam, Rotterdam and Nieuw Statendam Regions: Alaska, Mediterranean, Mexico, Caribbean, Hawaii, Panama Canal and California […]

The Panama Canal faces a creeping threat from climate change, including droughts so intense that ships sometimes reduce their cargo so as not to run aground, and giant storms that almost overwhelm its dams and locks, canal officials say. The canal hasn’t had a major disruption like the one suffered by the Suez Canal in […]

The Panama Canal, which connects more than 140 maritime routes and 1,700 ports in 160 countries, contributed US$1.8 billion to the treasury in 2020, another record figure since the inauguration of the expansion. The expansion of the Panama Canal celebrated five years of operations this Saturday, since the new locks that allow the passage of […]

Panama remains on the gray list of the Financial Action Task Force (FATF), which identifies countries with deficiencies in their regimes for the prevention of money laundering and terrorist financing. The update came on Friday, June 25, at the end of the second annual plenary meeting of the international organization. When Panama entered the sanctioning […]