Panamanian Immigrants Aren’t Coming


News from Panama

This is a great article written by Liz Larroquette in her blog  Recently, I was at a party in the States and found myself making small talk with a wide variety of interesting people. Waiters moved seamlessly with small trays of appetizers and bottles of wine ready to pour, complete with small cloths draped perfectly […]

January 30, 2019

Central America: Fuel Prices up to January 28th


News from Panama

Price per gallon of regular gasoline: Costa Rica $3.64, Nicaragua $3.31, Honduras $3.17, El Salvador $2.78, Guatemala $2.73 and Panama $2.56. The upward trend of the reference prices for the present fortnight, follows the agreement to reduce production by 1.2 million barrels per day by the member countries and non-members of the Organization of Petroleum […]

January 30, 2019

Coffee Price Closes Year Downwards


News from Panama

In December 2018, it was reported that the international price of a pound of coffee fell to $1, which is equivalent to a 12% drop compared to the same month in 2017. Data from the International Coffee Organization (ICO) detail that in the last two months of last year also reported a decline in the […]

January 28, 2019

Supermarket Chain Sale Confirmed


News from Panama

In Panama, Grupo Rey owners agreed to sell 73% of the company’s shares to Ecuador’s Corporación Favorita. At the beginning of November 2018, Grupo Rey was reported to have disposed of the sale of 60% of the shares to Corporación Favorita, a transaction that at that time was estimated could close at $273 million. However, […]

January 28, 2019