Fiscal 2015 was a banner year for PortMiami. It not only saw the strongest container traffic in 10 years but also set a new record for cruise passengers. During the fiscal year that ended Sept. 30, containerized cargo climbed 15 percent to 1,007,800 TEUs, which are the equivalent of a standard 20-foot container. Nearly 4.9 […]
December 31st is the deadline set by the WTO for Costa Rica, El Salvador, Guatemala and Panama to stop subsidizing exports from free zones. In her article on Eleconomista.net, María José Saavedra analyzes “… the long road of extensions and extensions” which is coming to an end now with the World Trade Organization (WTO), […]
A plan is being made to develop residential buildings and a 614 room hotel complex in a 25 acres area in the touristic area of Rio Hato, Panama. The promoter of the project, Agro Playa Blanca SA, detailed in the Environmental Impact Assessment (EIA) submitted to the Ministry of Environment, that the development will be […]
OK Susie, it time to upgrade!! It’s your chance to live like the last days of the Ancien Régime. A massive waterfront mansion in Hillsboro Beach modeled after the French royal palace Versailles is on the market — for $159 million. Balconies, fountains, gates and doors are coated in $3 million worth of 22-carat gold […]
On 10 November 2015, World Heritage Centre Director Mechtild Rössler, and Panama Minister of Environment Mirei Endara, met for the first time since the establishment of the new government in Panama. The meeting focused on conservation issues in Coiba National Park and its Special Zone of Marine Protection and the forthcoming mission to the transboundary […]
Former U.S. President Bill Clinton is talking up the potential of renewable energy to shield developing countries from the effects of climate change. Clinton visited Central America’s biggest wind farm Tuesday. The electricity project in western Panama is scheduled to open next year with the capacity to produce about 6 percent to 8 percent of […]
The Tourism Authority is proposing tougher actions against casual vacation rentals, raising current fines and reducing the time it takes to impose sanctions. The draft law which aims to create tougher sanctions for those renting homes to tourists will be presented to cabinet ministers in the coming weeks, according to statements made to Prensa.com by […]
Learn how the Emirates Airbus A380 and Jetman Dubai flew together in a breathtaking formation flight over Dubai to make aviation history, in this exclusive behind the scenes video. The Emirates A380 and the Jetman Dubai duo recently took to the skies of Dubai for an extraordinary formation flight which showcased just how far aviation […]
Panama raised its terror alert level last Saturday in reaction to the deadly attacks in Paris, ramping up security at its strategic canal and other sensitive locations, the president said. “Security has been increased at airports, the canal and some diplomatic legations,” President Juan Carlos Varela said a day after terror attacks in the French […]
A Cuban displays his passport at the Panama border crossing at Paso Canoas, Coast Rica, Saturday, Nov. 14, 2015. To cheers from a large crowd of Cuban migrants, Costa Rica on Saturday reopened its border with Panama after a sudden tightening in its immigration policy had left more than 1,200 of them stranded there. Like […]