The proposal to exploit the gold mine in Cerro Quema, Los Santos, was considered “viable” by the Evaluation and Environmental Management Department in Panama. The Evaluation and Environmental Management Department at the Ministry of Environment recommended that the Environmental Impact Assessment (EIA) study for the project be approved. Prensa.com reports that now they are “… just […]
The union of exporters claims that business opportunities are being lost due to the slow pace of processing and issue of permits and certificates for export. Juan Bulnes, president of the Panamanian Association of Exporters (APEX), told Prensa.com that “… ‘For exporters, the National Customs Authority (ANA) and the Ministry of Health (MoH) are a thorn in […]
Panamanian authorities say they have seized more than 2 ½ tons of cocaine in their largest score of the year. Anti-drug prosecutor Julio Villarreal said Monday that the drugs were buried in a cache near the coast and had to be dug up. It brought the year’s total of cocaine seizures to 43 tons in […]
Through at least 47 clandestine posts on the border between the two countries there is illegal circulation of tomatoes, yams, avocados, plantains and bananas. Eduardo Carles, Minister of Agricultural Development in Panama, told Prensa.com that, in the case of bananas and plantains, “… producers sell them in Costa Rica when the price falls in the local […]
Through an agreement valued at $4 million, the German airline will promote Panama for three years as a destination for European tourists. From a statement issued by the Tourism Authority of Panama: Berlin Germany. October 18, 2016. The Government of the Republic of Panama, through the Tourism Authority of Panama (ATP) and the German airline Lufthansa […]
Between January and August this year, 43,976 new vehicles were registered in the country, almost 8% more than in the same period in 2015. Of the total number of vehicles registered during the first eight months of the year, 41% were regular cars, 29% were SUVs, and 15% Pick ups, according to figures from the […]
The Panama Canal has recorded the third-highest annual tonnage in its 102-year history in 2016 helped by the opening of the new neopanamax locks. During fiscal year 2016, which went from Oct. 1, 2016 to Sept. 30, 2016, the Panama Canal Authority recorded 330.7 million Panama Canal tons (PC/UMS). During the year a total of […]
The Panama Canal Authority said increased rainfall has permitted an increase to 45 feet in maximum allowable drafts at the canal’s new locks, which handled 238 New Panamax ships during their first three months of operation. When the new locks opened on June 26, their tropical fresh water drafts were limited to 43 feet because […]
The first thing Tahir Whitehead felt was the heat. He knew it would be humid when he landed in Panama, but this was the middle of July. So there’s American humidity, and then there’s what he was dealing with. He didn’t mind, though, because of the reason he was there. The Detroit Lions linebacker has […]
High sulfur bunker fuel prices in Panama rose to the highest level in more than 14 months, with market participants reporting a lack of product. Prices for IFO 380 CST grades in Latin America’s biggest market for bunker fuel were assessed up $8 to $290/mt in the ports of Balboa and Cristobal on Friday, surpassing […]