More pets in Panamanian households translate into growth and diversification of the market for products and services for those members of the family. An article on Panamaamerica.com.pa reports that “… Having a pet as a member of the family is a growing trend in Panamanian homes, which has strengthened and diversified trade for companies that are dedicated to this […]
A warning has been given that changes in the climatic conditions during the next two months will encourage an increase of the presence of the fungus in all coffee locations in the country. From a statement issued by the Coffee Institute: According to experts from the Costa Rican Coffee Institute, ICAFE, the current variations in […]
Due to a delay in the approval of the environmental impact study, the Panamanian government has extended the term of the provisional license granted to Martano Inc. to build a thermoelectric plant in Isla Margarita, Colón. Martano Inc. presented the Environmental Impact Assessment (EIA) in December 2016 for the construction of a 423 MW combined cycle thermoelectric plant in the Puerto Pilón […]
Nestlé’s announcement that it will stop buying C-grade milk from producers from Veraguas reflects the growing loss of market share for local milk to imported products. Growth in imports of milk and its substitutes continues to take away market share from Panamanian milk producers. In the case of Nestlé Panama, the company reported that “imports of milk substitutes by […]
In a ceremony Friday, the group swore allegiance to the Spanish Constitution and the king, the local news website Telemetro reported. Spain passed a law passed two years ago that allows the conferring of citizenship on those who prove to be descendants of Jews expelled from the country in 1492. The ceremony “is an act […]
Private companies and the municipality of Panama City are developing a plan to offer tourist activities in the capital to passengers who are in transit through Tocumen airport While tourism and hotel operators are still looking for alternatives to improve the sector’s sluggish figures, the municipality of Panama intends to develop a plan that encourages passengers who are waiting for […]
Ships navigating the Panama Canal are required to pay tolls along their route. In 1928, 14 years after the canal’s opening, a man named Richard Halliburton finagled a way to navigate the channels for a great deal. Here’s how he did it.
By Bloomberg News (Bloomberg) — Liu Jing wakes at 7, feeds her 84-year-old mother and two-year-old grandson and then spends the day watching the boy play in the playground, with breaks for meals and his afternoon nap and perhaps a little TV in the evening. That’s not unusual for a Chinese retiree, many of whom […]
Plans are underway to build a 40,000 square meter aluminum container factory in the province of Panama, including an industrial building, production lines, warehouses and administrative offices. Data from the Interactive System “Central American Construction Projects”, compiled by the Business Intelligence Unit at CentralAmericaData, shows that Envases Universales Ball de Panamá, S.A. submitted an Environmental Impact Study (EIA) to the Panamanian Ministry […]
The Superintendency of Banks has denounced the fact that the entity offering loans and other financial services, has no authorization to do so. From a statement issued by the Superintendency of Banks in Panama: The Superintendency of Banks considers it necessary to inform the public that an entity named “ASOBANK”, which offers to grant loans through advertisements in […]