Sales of houses in 2024 could increase by 31% in Panama


News from Panama

According to the projections of the National Council of Housing Developers (Convivienda) the year 2024 will close with 10,071 units sold and a profit of US$962 million, significantly exceeding the figures of 2023. For Convivienda, the growth of the sector continues to be positive, since in the report of “Results 2023 and projections 2024”, presented […]

April 19, 2024

Costa Rica Detains Former Panama Governor Richard Fife


News from Panama

Richard Fifer, the former governor of Panama’s Cocle province, was arrested on Saturday by Costa Rican authorities at the Paso Canoas border crossing with Panama. Fifer was detained along with two other Panamanian citizens and a Costa Rican tour guide while allegedly trying to illegally cross the border using an American passport. The arrest was […]

January 12, 2024

Behind the making of Panama’s $100-a-cup coffee


News from Panama

Panama grows some of the world’s best coffee, but no brew may be more coveted than the “Geisha” varietal grown in remote parts of the country. The Panamanian version of the coffee, which can sell for up to $100 a cup in the United States, is among the world’s most expensive. In western Panama’s Chiriqui […]

April 6, 2023

Two companies interested in maintenance of the Centennial bridge


News from Panama

Two companies presented proposals for the public tender for the best value of the maintenance and rehabilitation project of the Centenario bridge. The fixed reference price reaches $5.6 million and the proposing companies were the CAA Centennial Bridge Rehabilitation Consortium (Centroequipos S.A., ARD Engineering INC., ATP Electronics, S.A.) with the sum of $ $6.2 million and […]

March 17, 2023

The Utah Public Radio newsroom goes to Panama


News from Panama

Utah Public Radio is partnering with Utah State University’s Biology Department and Ecology Center to gather and share stories about research at the Smithsonian Tropical Research Institute in the Republic of Panama. UPR News Director Sheri Quinn and science reporter Colleen Meidt are meeting with Jerry Schneider, PhD postdoctoral fellow in the Beckman Lab. They […]

March 17, 2023

Group SURA posts 82% jump in Q4 net profit


News from Panama

et profit at Grupo SURA, Colombia’s largest investment company, rose by 81.9% in the fourth quarter of 2022 compared to the year earlier period, the firm said in a statement late on Tuesday. The company posted a net profit of 688 billion pesos ($142 million) for the October to December period. Total revenues in the […]

March 17, 2023