Panama Takes Extreme Measures Due to Intense Drought


News from Panama

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 […]

February 23, 2016

Olympian wins triathlon in Panama


News from Panama

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 […]

February 23, 2016

Bankers await Panama mandate on bond


News from Panama

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 […]

February 23, 2016

Blockades Continue to Plague Costa Rica – Panama Border


News from Panama

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 […]

February 23, 2016

The Advantages of Tocumen as Cargo Hub


News from Panama

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. […]

February 23, 2016

Central America in the Hands of Drug Traffickers


News from Panama

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, […]

February 23, 2016

The Other Other White Meat


News from Panama

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 […]

February 23, 2016

Panama: Tourists Spent 13% More in 2015


News from Panama

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 […]

February 23, 2016