Dairy Company Changes Hands


News from Panama

The Guatemalan company Castillo Hermanos has acquired 100% of the equity interest of Sociedad Alimentos de Primera, a manufacturer of the Bonlac brand of dairy products in Panama. Corporación Castillo Hermanos will now participate in the dairy market in Panama, through Sociedad Alimentos de Primera S.A., which until recently was owned by the Panamanian company […]

November 8, 2016

Tender: Project Management for Port Works


News from Panama

The Panama Maritime Authority has published a tender to hire a company for the technical management of construction of the new cruise port in Isla Perico. The aim of the abbreviated best value tender is to hire a company to perform the “technical assistance to the the Maritime Authority of Panama and project management of […]

November 8, 2016

Welcome Competition and Low Prices


News from Panama

In five years the airline market in Central America has transformed from being a market dominated by two major airlines, to one with new entrants, lower prices and greater connectivity. The arrival of so called “low cost” airlines to the region has resulted in a progressive reduction in the prices of tickets to fly between […]

November 8, 2016

Ant genomes rewrite history of Panama land bridge


News from Panama

Colliding tectonic plates pushed up a strip of land from the watery abyss that once divided North and South America, forming the isthmus of Panama. But a study now hints that this happened millions of years earlier than scientists had thought. Evolutionary and population-genetics data from Eciton army ants, which can only travel on dry […]

November 8, 2016

Agricultural Protectionism in Panama


News from Panama

So much for cheaper imported meat products. After having granted permits to import processed meats from 7 plants in Brazil, the government decided to reverse the decision and suspend the imports in order to show “solidarity” to domestic producers. The Panamanian Food Safety Authority “… taking into consideration denouncements from the productive sectors in the country, […]

November 8, 2016

Panama: Productive Sector Demands Judicial Independence


News from Panama

The union of private companies is promoting a reform that allows strengthening of the administration of justice and ensures the independence of judges and prosecutors. From a statement issued by the Chamber of Commerce, Industries and Agriculture (CCIAP): JUSTICE ADMINISTRATION In recent days, public opinion has been shocked by various facts relating to investigations being […]

November 8, 2016

Panama: Mixed Development for $28 million


News from Panama

Looks like this will be joining Hospital Punta Pacifica in Panama City. Plans have been made to build a 12-story tower in Punta Pacifica with space for medical offices, shops, and offices, with a total construction area of ??52,000 square meters. The project sponsor is Sutherland Mortgage Corp., which submitted the Environmental Impact Assessment (EIA) […]

November 8, 2016

Fewer Graduates, More Technicians


News from Panama

In Panama four out of ten companies failed to find the ideal candidates when they needed them. Data from Manpower reveals that worldwide the talent shortage is around 40%, in Colombia it is 50% and in Panama 36%. Monica Flores, president of the group for the region, said that “… ‘we have overvalued degrees and university titles, […]

November 8, 2016

Sea Stars Disappear from Beach in Panama


News from Panama

Blake Scott posted an article in the Huffington Post on an unusual happening in Bocas. In the islands of Bocas del Toro, Panama, there is a beach famous for its white sand and the thousands of sea stars that once gathered there. Visitors and locals call the place Starfish Beach. “The whole bottom,” according to […]

November 8, 2016