Indigenous Groups Prevented from Prosecuting President


News from Panama

Indigenous leaders allege government interference has prevented them from filing a lawsuit against the president. As the government of Juan Carlos Varela insists on pursuing the Barro Blanco hydroelectric project despite its formal suspension over environmental and social concerns, indigenous communities living around the dam marched Tuesday to the capital to file a lawsuit against […]

July 30, 2015

GoPro HERO4 Session | Panama Moto Adventure


News from Panama

In the release of the all-new GoPro HERO4 Session camera, we spotted Ronnie Renner and Nate Adams carving lines in a tropical paradise. Although their part was just one of many amazing segments shot on the new camera, we knew there had to be more footage from wherever they went. It turns out the unadulterated landscape […]

July 30, 2015

Moody’s Warns of Weaknesses in Central American Banks


News from Panama

The banks Banco de Costa Rica, Banco Nacional and the Banco Industrial de Guatemala “will have to reduce the growth rate of their loans, since their core capital levels remain modest.” From Moody’s press release: Mexico, July 21, 2015 — Central America’s leading banks will need to slow the pace of their loan growth as […]

July 30, 2015

UWS music students and faculty perform and teach in Panama


News from Panama

In May, University of Wisconsin-Superior students and faculty from the symphonic band and jazz band traveled to Panama for 10 days to tour in three different locations — Panama City, David and Santiago — performing and teaching master classes at schools. They were led by Dr. Pamela Bustos, associate professor and director of bands. At […]

July 30, 2015

U.S. falls to Panama, 3-2, in Gold Cup shootout


News from Panama

Backup goalkeeper Luis Mejia stopped two penalty kicks in a shootout, and Panama defeated the United States, 3-2, in the CONCACAF Gold Cup third-place game last Saturday. The game ended tied, 1-1, after extra time. Mejia stopped DaMarcus Beasley’s shot in the fifth round in what might have been the veteran defender’s last game for […]

July 30, 2015

Construction: Business Roundtable with Colombia


News from Panama

On August 12nd and 13rd the Sixth Business Roundtable on Construction Materials between South and Central America will take place in Panama City. Colombian companies will be showcasing at the Megapolis Convention Center in Panama City their offers of “… construction materials, furniture and wood, metal, tools and appliances to local and international buyers.” Laestrella.com.pa […]

July 30, 2015

Panama Lacks Firm Direction for Energy


News from Panama

Lack of effective government action is preventing the creation of a state policy in line with socio-economic development, while the conflict in Barro Blanco, the Hydroelectric moratorium in Chiriqui, and the suspension of wind and solar licenses, alarms investors. From a statement issued by the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP): ENERGY […]

July 30, 2015

Too Many Solar and Wind Projects in Panama?


News from Panama

The granting of new licenses has been temporarily suspended in order to carry out a study to determine how the system will integrate the new plants. The total number of licenses to build solar and wind power plants being processed by the Public Services Authority is equivalent to more than twice the current demand for […]

July 30, 2015

Go-Ahead for Odebrecht in Panama


News from Panama

In granting approval of the funding proposal put forward by the consortium Odebrecht / FCC for Metro Line 2, the Panamanian government has cleared any doubts about the participation of the Brazilian company. The Minister of Economy and Finance, Dulcidio De La Guardia, told Prensa.com that “… “We have been in talks with banks related […]

July 30, 2015

Watch: Panama Canal July Update


News from Panama

A video released by the Panama Canal Authority shows the July update of the canal’s expansion, as it prepares for its opening in early 2016. These are truly exciting times to be in Panama. The waterway is now preparing the delivery of the expanded Panama Canal and is now 91% complete. As the project continues, […]

July 30, 2015