The Panama Canal has so far gained 80 million dollars due to the its expansion allowing the transit of 165 large vessels, according to Jorge Luis Quijano, administrator of the Panama Canal Authority (ACP, in Spanish). Since the opening of the new Panama locks, the Suez Canal, administered by Egypt, began a competition and […]
This is on my list of places to fly and film with my new drone. This video was captured in August in New Caledonia, a French territory in the South Pacific. Thanks Dave Miller for sharing.
You can run but you better not try coming to Panama to hide! The Prosecutor General’s Office of Ukraine (PGO) has received confirmation from INTERPOL on the arrest of former head of the State Agency for Investment and National Projects Management Vladyslav Kaskiv in Panama. “An official confirmation of the arrest of Vladyslav Kaskiv in […]
Panama needs this as much as any modern country that is growing rapidly and finds themselves short on energy. The construction sector is concerned about an initiative announced by the government to amend the building code and incorporate standards to save energy in new buildings. The head of the National Secretariat of Energy, Victor Urrutia, […]
The Cabinet Council has approved sending a bill that creates the obligation to maintain accounting records for legal entities that do not have operations in Panama. The bill submitted days ago by the Executive establishes penalties ranging from suspension of corporate rights to the dissolution of the company in cases where there is failure to […]
Panamanian painter Rolando “Rolo” De Sedas has devoted himself to changing the gray cityscape of Panama’s capital by giving people access to colorful public art. “Rolo” says that he always seeks to make his work accessible and to adapt it to urban spaces so that people who cannot go to a gallery may have the […]
Amid smoky and beat-up buses, street vendors and hillsides crammed with rickety shacks, the only temple of the Baha’i faith in Latin America rises like a stalagmite on the summit of a leafy green hill. “People who come to visit us can’t believe that this place exists in such a difficult and chaotic environment,” Abdiel […]
More than 230 cruise ships will transit the Panama Canal during the 2016-2017 cruise season, which begins on October 4, 2016 with the transit of the Coral Princess, on a voyage from Los Angeles, California, to the U.S. East Coast. “We expect the major cruise lines will use the Panama Canal route during the cruise […]
More good news about Panama!! Fitch Ratings has affirmed the following ratings for Autoridad del Canal de Panama (ACP): –Long-Term Issuer Default Rating (IDR) at ‘A’; –USD450 million senior unsecured notes at ‘A’. The Rating Outlook is Stable. The ratings reflect ACP’s solid revenue profile and low leverage levels. The Panama Canal offers unique connectivity […]
Rico reports in Costa Rica about the differences of opinion on Panama as a Central American country. Every so often the debate comes up, especially when getting together with Tico friends (yes, though difficult to believe, I do have one or two Tico friends), is Panama is part of Central America. Yes and no. On […]