Costas Paris writes for the Wall Street Journal about the huge success of Panama’s newly expanded canal. I first came to Panama when the vote was put to the people to decide on the expansion and now 10 years later it is over a year old and breaking records. Panama’s $5 billion investment to expand […]
AES El Salvador and Corporación Multi Inversiones have announced an investment plan that includes the construction of ten solar plants with capacity to generate 10 MW each in different areas around the country. The solar power generation project will be operated by AES El Salvador, and is expected to be developed in three phases, according […]
Check out this video showing how a Maersk Supply Service cable layer carried out the company’s first ‘engineered grounding’ to run a cable and bring offshore wind energy ashore, meaning a more cost-effective process and a better flow of power. “Actually doing it was very unusual,” says Captain Peter Grøn, Master of the Maersk Connector. […]
Before you invest and move to another country, investigate its financial strengths. Moody’s Investors Service has today affirmed the Government of Panama’s issuer rating and senior unsecured bonds at Baa2 and senior unsecured shelf at (P)Baa2. The outlook changed to positive from stable. Two key drivers underpin the positive outlook: 1) Moody’s expectation that the […]
A gay Panamanian lawyer who once lived in D.C. is leading efforts to extend marriage rights to same-sex couples in his country. Iván Chanis Barahona is working on behalf of a gay couple legally married in the U.K. who is seeking formal recognition of their marriage in Panama. He is also among the lawyers who […]
This is very disappointing news that Sun International may exit Panama. One of the key reasons they give is the challenge they have growing a business here with the severe restrictions being placed by local banks on receiving money, paying customers and banking cash. This is also affecting our real estate industry. South Africa’s Sun International […]
Panama is working to increase its economic partnerships with China, which it hopes will finance more energy and infrastructure projects, President Juan Carlos Varela said in a recent interview. Panama established diplomatic ties with China in June, following the Central American country’s break with longtime ally Taiwan. China is the second-largest user of the Panama […]
My friend Kent Davis in Panama City put this out. It is a great story and video about how one man in his life as a medical doctor gave it all up to be… as he is known now… Slomo! I will be there soon!!
Panama Canal’s Authority has set up an auction so operators of NeoPanamax containerships in particular can book a new daily slot towards the US East Coast. A competition will be held to book ‘Northbound’, or Pacific-Atlantic slots, for which a new slot will be made available every day for the period starting on December 1, 2017 and ending after the busy Christmas […]
Less than a year ago, Victor Jorge Salfran came to this city as an adviser to the literacy program, which the Ministry of Social Development of Panama has been running for ten years in conjunction with the Cuban Ministry of Education. Although this is not his first mission abroad, since he worked previously in the […]