The holiday lights are out and the festive season is here in Boquete.  We begin the end of the year with Christmas and then New Years Eve. Lots of parties, lights and fireworks.    Then we begin the new year with festivals in January and February  of course, the Boquete Jazz and Blues Festival in […]

Panama City, Panama – The Panama Canal signed a Memorandum of Understanding (MOU) with Port of Itaqui, located in the northeastern region of Brazil, to promote the shipment of grains and other cargoes in the commercial route between the north of Brazil through the Panama Canal to destinations located in the Pacific Ocean. The Port […]

Here is a great article I read in Forbes.  2019 is likely to be a year of volatility in Latin America, but markets look promising for long-term investors. Given banks’ and other financial institutions’ significant exposure to Latin America, analysts and investors will have to be very attentive to external and domestic factors that will […]

Consistent with the trend reported since last year, in the first ten months of 2018, the cost of new construction, additions and repairs fell 38% over the same period in 2017. The latest report from the General Comptroller details that between January and October of this year the cost of new constructions, additions and repairs […]

An estimated 7,000 tons of cement from the Asian country have already entered the country, a product that is still stored and waiting to be commercialized. Businessmen of the sector warn that norms and quality standards need to be established to regulate the entry into the country of imported material, which will compete with local […]

Avianca, United Airlines and Copa Airlines, signed a trade agreement that will allow them to agree flight routes in the American continent. To ensure the commercial agreement reached on November 30th becomes effective, the three airlines plan to apply for regulatory approval and a complementary antitrust immunity (ATI) subsidy in the coming weeks from the […]

Mining has become one of the fastest growing sectors in the Panamanian economy, and it is expected to expand even quicker after the government disclosed last week it has identified mineral reserves estimated at $200 billion, at current prices. Zorel Morales, chairman of the Mining Chamber of Panama (CAMIPA) told local paper La Estrella (in Spanish), mining-related activities jumped 25% […]

The Latin American Development Bank approved a loan to finance projects to improve the drinking water distribution system in the country’s metropolitan area and other provinces. The Board of Directors of the Latin American Development Bank (CAF) approved a USD 200 million loan to the Republic of Panama to support the National Investment Program for […]

It is mid-morning in Darién National Park, Panama, and I’m wilting in the rainforest heat. Three hours ago, with the ramshackle border town of Yaviza still asleep, we had boarded our motorised dugout and nudged out into the swift, dark current. Now the humid air hums with insects and sweat trickles down my back. Suddenly […]