The Ministry of Housing in Panama is putting out to tender construction of 2,000 affordable housing units in the Comarch of Ngäbe Bugle. Panama Government Purchase 2016-0-14-0-12-LV-011225: “Supply of materials, labor, equipment and management for construction of one thousand (1,000) social housing units under the ‘Roofs of Hope’ program in the Comarch of Ngäbe Bugle, […]
The Metro will have an elevated station in front of Tocumen International Airport, near the point where terminals 1 and 2 connect, with an estimated cost of $30 million. Carmen Carrizo de Pages, vice president of Planning and Strategy at Tocumen International Airport, explained that “…the station will feature elevators and escalators [for people] to […]
They are 1.2 million vehicles in circulation in the country, of which 75% were registered in the provinces of Panama and Panama West. From a report by the Traffic and Transportation Authority of Panama: The auto fleet in Panama stands at 1,221,999 registered vehicles, according to the National Single Registry of Motor Vehicles (RUVM) at […]
Michael Hudson at The International Consortium of Investigative Journalists wrote this piece about a new report that these two experts wrote independent of Panama’s committee. Ending the kinds of offshore abuses revealed by the Panama Papers scandal requires a global solution led by the United States and Europe, a report released today by Nobel […]
Preventing the participation of Colombian companies in the tender processes is one of the actions proposed by Panamanian businessmen as a retaliatory measure to the conflict over tariffs. “More forceful and effective action” is what the Panamanian Association of Business Executives is demanding of the Varela government, to defend the interests of Panama in the conflict […]
A tender will be launched once again for the design, construction and maintenance of works for the renovation of the Transístmica road on the stretch Plaza Agora – San Isidro Station. Panama Government Purchase 2016-0-09-0-08-LV-004 817: “The project has an approximate length of 10 kilometers, whose studies and designs start at the intersection with Ave. […]
Have you ever wondered how the largest ships in the world are able to cross Panama as they make their way from the Pacific Ocean to the Atlantic? The locks system in the Panama Canal are a modern engineering marvel, and how they work is now cleverly explained through this new Lego Education set. […]
Mossack Fonseca’s unit in BVI was fined $440,000 by island’s regulator. The Wall Street Journal discusses how the British Virgin Islands is dealing with the aftermath of the Panama Papers. On a visit to Hong Kong and China in October, officials from the British Virgin Islands urged businesses and families to register companies and store […]
Panama has seen a lot of changes over the last 10 years and this article in the Brown Political Review reflects up those changes. Panama City is an intersection. It lies between the Atlantic and Pacific Oceans; between jungles and man-made waterways; between colorful colonial Spanish architecture and towering skyscrapers; and between history and modernity. […]
In the first nine months of the year premium income barely exceeded $1 billion, growing by less than 1% compared to the same period in 2015. The premiums of insurance companies between January and September totaled $1.023 billion, registering a slight increase of 0.8% or $7.7 million compared with the $1,015 million in the same […]