Global Coffee Prices – April 2016


News from Panama

Arabica and Robusta prices went in opposite directions this month, with Arabica prices dropping back down after March’s rally, while Robusta increased to the highest monthly average since November. From the “Report on the coffee market in April 2016” by the International Coffee Organization: Arabica and Robusta prices went in opposite directions this month, with […]

May 18, 2016

Tender: Construction of University Campus for $95 million


News from Panama

The University of Panama is putting out to tender studies, design, construction and equipment of university campuses in Antennas and San Miguelito. “The contractor will be responsible for demolishing, dismantling, weeding and clearing obstacles, and removing topsoil at the site within the perimeter of the building. They must replant on the ground all borders with […]

May 18, 2016

Panama Canal Expansion Brings Reefer Opportunities


News from Panama

Here is a report by Argelis Moreno De Ducreux, Leader, Liner Services Segment, Executive Vice Presidency for Planning and Business Development from the Panama Canal Authority. Transportation development and new technologies are impacting the trade of perishable goods in refrigerated containers, known as reefers. With an increase in consumption of these goods, reefer trade is […]

May 18, 2016

Panama President Visits First Synagogue on 140th Birthday


News from Panama

Panamanian President Juan Carlos Varela attended a ceremony to mark the 140th anniversary of the Central American country’s first synagogue. “The Jewish presence in Panama was born committed to the fate of this small nation, and that heritage has been enriched throughout the history of the country to the present day”, Varela said last week […]

May 18, 2016

Washington ports delegation tour Panama Canal


News from Panama

The Panama Canal is getting even larger, and its growth could change how the world moves goods. And that could end up costing Seattle and Tacoma a lot of money and jobs. A Washington delegation who traveled to Central America to see the new Panama Canal expansion and assess the possible impact on our state’s […]

May 10, 2016

The Panama Papers? Here’s The Real Panama Story


News from Panama

Here is a great story in Forbes written by Steve Forbes on his perspective on Panama which cuts through all the hoopla that has dominated the press recently. SAY “PANAMA” these days and the word “papers” quickly comes to mind. Too bad. I recently visited this small Central American country and saw firsthand what is […]

May 10, 2016

The Bite is On in the Golfo de Chiriqui


News from Panama

Yellow Fin Tuna are thick these days and reports of 10 and 20 fish caught are coming in every day now.  Time to go fishing!! What a beautiful sight! Hannibal Bank is live with bait balls everywhere and  the Tuna are all lit up. We have had them literally banging into the boat.

May 10, 2016