Drought hits Panama Canal shipping, highlights climate fears


News from Panama

An intense drought related to this year’s El Nino phenomenon has precipitously lowered the level of Panama’s Gatun Lake, forcing the country’s Canal Authority to impose draft limits this week on ships moving through the waterway’s recently expanded locks. The restrictions on how deep the vessels can reach below the surface means large ships, primarily […]

May 6, 2019

Cosmetics: High Costs to Enter the Market


News from Panama

Obtaining health records in Panama is a complex task, since it is the only Central American country that requests physical samples of new toiletries and cosmetics. Another factor influencing delays in the issuance of health records is the need for new procedure manuals and more staff, according to local authorities. You may be interested in […]

May 6, 2019

Panama’s Risk Rating Improves


News from Panama

Arguing that the country has a diversified economy which has contributed to sustained GDP growth, Standard and Poor´s raised the rating from BBB to BBB+, with a stable outlook. Economic diversification has also allowed per capita income to double in the last decade, one of Standard and Poor’s arguments for raising the rating. You may […]

May 6, 2019

Wonderfully diverse Panama


News from Panama

Roxanne Rowley writes of her recent vacation to Panama. Our vacation to Panama was full of amazing experiences. It is a wonderfully diverse country, not only population-wise, but also featuring varied flora and fauna. Every day was a new adventure. Panama connects North and South America. It is about the size of South Carolina and […]

May 6, 2019