The Panamanian government said on Tuesday it had agreed the cancellation of a $125 million radar contract with a subsidiary of Italy’s Finmeccanica SpA that had become mired in a dispute over alleged corruption. After flagging suspected bribery and saying the radar equipment did not meet requirements, the government last year sought the approval of […]
For meat lovers only please!! The supermarket chain Super Carnes bought the first contingent of eight tonnes to the Solis refrigerating company, one of the nine authorized to sell the meat in Panama. The first contingent of beef imported from the South American country has entered the country, after permission was gained to sell the […]
Aero Expo Panama Pacific will be held in Panama Pacific Airport in the former Howard base on April 21st and 22nd 2016, bringing together those involved in the Latin American aeronautical industry. The event aims to promote general and executive aviation, and present Panama as a regional hub for this industry. Yvan Boniface, director general […]
The state run oil company in Costa Rica registered losses above $24 million during the first nine months of 2015, despite having the highest prices in the region. In the first nine months of 2015 the Costa Rican Oil Refinery lost more than $24 million. The state run company, which has had a monopoly in […]
The launch of a tender for its construction is still scheduled for early 2017 and the line will run parallel to the fourth bridge over the Panama Canal. From a statement issued by the Foreign Ministry of Panama: The presidents of Panama, Juan Carlos Varela, and Japan, Shinzo Abe, will preside this April 18th in […]
Panama City has confirmed that work resumed on 15 February and China State Construction Engineering will provide the capital needed to complete the work, which will maintain its original cost of $193 million. The process of transferring the contract was completed by HPC CONTRATAS P & V for the consortium CCA-Cocige which resumed the construction […]
I can remember when Susie and I first visited Red Frog Beach and walked around the island when there was not much more than a few homes that were in the first phase of construction. Later they built a world class marina and from that point Red Frog came of age! I have been invited […]
Cable & Wireless Communications Plc (LSE: CWC) today announces Ericsson (NASDAQ: ERIC) will support an upgrade of the Cable & Wireless core network in Panama with an IMS and Evolved Packet Core solution that will enable strong possibilities of fixed and mobile convergence and enhanced subscriber services like Wi-Fi calling and voice over LTE (VoLTE). […]
The drainage of an artificial 1.5 million -cubic meter-reservoir to save a thousand head of cattle downriver, is one of the extreme measures taken in Panama to alleviate the intense drought. The Alajuela and Gatún reservoirs, whose water enables the working of the interoceanic canal locks, register this month the lowest level in the last […]
Triathlete Sarah Haskins took home the gold during the recent IRONMAN 70.3 Pan American Pro Championship in Panama, a challenging race among professional athletes along a breathtaking path which included a fast swim, unique transitions and a flat bike course which showcased scenic Central America. “This was my first time to Panama City and I […]