MOP will invest $1.2 billion in works


News from Panama

The Minister of Public Works (MOP) has projected that 2023 will be a year of high execution in several projects in the country, where around $1.2 billion will be invested. Recently senior MOP officials carried out an inspection to verify the progress of the work of the study, design, construction and financing project for the […]

January 6, 2023

Panama president says final contract presented to First Quantum


News from Panama

First Quantum Minerals  -2.4% in Tuesday’s trading after Panama’s President Laurentino Cortizo said the government had presented its final contract to regulate operations at the Cobra Panama mine, rejecting the miner’s legal proceedings to avoid halting operations at the copper complex. According to Reuters, First Quantum CEO Tristan Pascall flew to Panama over Christmas and met […]

January 6, 2023

National Ballet of Cuba performs in Panama


News from Panama

During the performances at the National Theater of Panama, the leading roles were played by Panamanian prima ballerina Ana Lorena Boyd as The Sugar Fairy; while Fatima Bodden, Helleni Marin and Lucia Arosemena played Clara on December 26, 27 and 28, respectively. Under the artistic direction of Aida Orillac, Maruja Herrera and Tita Lopez, more […]

December 30, 2022

Evergreen Marine buys 100% stake in Panama terminal for $268m


News from Panama

Taiwan-based Evergreen Marine has purchased a 100% interest in the Panama-based Colon Container Terminal (CCT) from its affiliates for $268m. The acquisition will help Evergreen to expand its presence in the Americas and boost its competitive edge. Addressing a news conference at the Taiwan Stock Exchange, Evergreen Marine President Hsieh Huey-chuan said that CCT serves […]

November 11, 2022