Sixty companies have already bought the documents needed to participate in the bidding for 350 MW of thermal energy in December. The Electricity Transmission Company (ETESA) is preparing to launch in December the second part of the tender for 700 MW announced this year, of which 350 MW have already been awarded to […]
OK, this article is going to get a few comments for sure. Official figures show the Central American nation has taken a step backward in gender equality since 2009. Access to basic rights such as health, education and employment is increasingly difficult for women in Panama, a country with a growing gender inequality, the United […]
This is an incredible video I watched this week. Anybody want to go for a dip?? A family got their children out of the water quickly after noticing activity just off the shoreline in Panama City on Sunday. It turned out to be hundreds of sharks, and the hour-long spectacle drew dozens to the beach to watch. […]
Experts attending a three-day International Trademark Association meeting that kicked off here Tuesday will discuss ways to combat the transit of counterfeit goods through the Panama Canal. The Leadership Meeting is “an opportunity to raise awareness about the challenges of combating counterfeiting and to advocate for measures to halt the transshipment and transit of counterfeit […]
Kathleen Peddicord writes a great story for US News and World Report about life on the Pacific Coast of Panama. Peg Fairbairn’s 30-year tenure teaching in Texas’ public schools was winding down. She was coming face-to-face with retirement and beginning to panic. Fairbairn’s partner, April Hess, was still working as an accountant, but didn’t want […]
It has been announced that on November 23rd., 70 Taiwanese companies will be arriving from different sectors to hold business meetings with Panamanian companies. An article on Laestrella.com.pa reports that “… The Taiwanese companies specialize in the production of vacuum sealers, machines for drinks and juices, wall paper, hand tools, hardware, computer accessories and car […]
SWIFT announces that Panama’s Bank Association, PBA, with regional membership of 71 domestic and international banks, endorses The Know Your Customer (KYC) Registry, a centralized repository that maintains a standardized set of information on correspondent banks’ requirements for KYC compliance. Mario de Diego, Executive Vice-President at Panama’s Bank Association, says, “The endorsement of SWIFT´s […]
At the end of third quarter the fiscal deficit as a percentage of GDP decreased from 4.6% in the previous year to 1.8%, while during 2015 current expenditures increased by 5%. From a statement issued by the Ministry of Economy and Finance (MEF): – MEF presents Fiscal Third Quarter Results – NFPS deficit was reduced […]
I picked this up from the Daily Maverick published in Johannesburg, South Africa. They have a unique blend of news, information, and analysis and chose to cover Panama this last week. The writers did a great job! Here is the story from Greg Mills and Lyal White. Along the Panama Canal, the types of businesses, […]
I almost rolled out of my chair when I saw this picture. Funny but I guess, when in the tropics… Colombia’s government plans to legalize the cultivation and sale of marijuana for medicinal and scientific purposes, officials said Thursday in a surprise shift by the longtime U.S. ally in the war on drugs. The change […]