Reuters reports of an upcoming bond issue. Bankers are awaiting an official mandate decision on a request for proposals sent by Panama, which could issue a bond soon if conditions permit, said two sources familiar with the issue. In an RFP sent earlier this year, the Central American sovereign asked for the “full gamut” of […]
The union has exhausted dialogue with the regional government of Chiriqui and is a blockading the border preventing the movement of freight carriers in Central America. The provincial government in Chiriqui has failed to prevent Panamanian carriers, organized by the National Chamber of Cargo Transportation in Panama, (Canatraca) from indefinitely blocking the passage of trucks […]
As a gateway to 90 destinations in America and Europe, and soon Asia, Panama International Airport is venturing into the high value air cargo business. The development of the logistics area at Tocumen International Airport will bring opportunities for infrastructure development in terms of roads, land leveling and construction and fitting of galleys and sheds. […]
If emergency measures are not taken, Central America will soon collapse into failed states dominated by criminal organizations who are able to buy political power. This is the dramatic but realistic conclusion reached by a study on the subject carried out by a coalition of Guatemalan institutions composed of the Coordinating Committee of Agricultural, Commercial, […]
Thanks a hat tip to my friend Ron for this National Geographic article. This is a cool story. Ever heard of Cobia? Meet tomorrow’s fish—and a new way to farm that one man wants to bring to a coast near you. Brian O’Hanlon has asked to leave the doors off our helicopter. He wants our […]
I have watched with great interest how these guys took an idea they had and started a crowd funding that grew so fast it was incredible. Now with over $12 million, they are shipping these hives all over the world. What a great invention!! Hi Everyone, It’s one year today since we launched our crowdfunding […]
Visitor spending went from $3.728 billion in 2014 to $4.2 billion in 2015, double the growth rate for the category in a year. The entry of travelers into Panama grew by 6.9% at the end of last year, going from 6,668 in 2014 to 7,128 in 2015. This greater volume of passengers spent 12.7% more […]
Panamanian authorities have seized 6.4 tons of drugs and arrested 72 alleged drug traffickers so far this year, the Public Safety Ministry reported Sunday. The suspects belong to four bands using shell companies in small towns around Panama City, namely Juan Diaz, Parque Lefevre, Betania and Rio Abajo, “where they warehoused large shipments of drugs, […]
More than 100 Cuban migrants from among the 1,300 stranded in Panama on Sunday received immigration permits that early next week will allow them to travel legally to Mexico, where they will be able to continue their land journey to the United States. The deputy commissioner of the Panamanian Immigration Service, David Rios Duran, told […]
Carol Ann Davidson writes for the Chicago Tribune about her trip to Panama in this great article. My cat, Herschel, would love the Trump Ocean Club International Hotel and Tower in Panama City. If he were so lucky as to travel with me, he might choose the following from a room-service menu created for Cats […]