January 30, 2019 is the new date to submit proposals for the design and construction tender for the extension of Metro Line 1 to Villa Zaita. The Metro de Panamá, S.A. carried out the third addendum to the tender specifications for the project, which includes design engineering services, construction of civil works, auxiliary line installations […]
In Panama, the executive authorized a credit line of up to $50 million for the state-owned Etesa to finance investments contemplated in the electric expansion plan. The approval for the Empresa de Transmisión Eléctrica, S.A. (Etesa) to subscribe a line of credit with Banco General, will allow the state company to partially finance maintenance works […]
The Panama Canal Authority said on Wednesday that an arbitration tribunal has ordered the construction consortium behind the waterway’s expansion to pay back nearly US$848 million (672.43 million pounds) to the canal authority. The ruling from the Miami-based tribunal, part of the International Chamber of Commerce, stems from a protracted dispute between the authority and […]
XCMG, China’s leading construction machinery manufacturer, has concluded a successful trip to the 2018 China (Panama) Commercial Exhibition in Altapa, Panama, the largest economic and trade exhibition China has hosted in Panama since the two countries established diplomatic relations in 2017. Juan Carlos Varela, President of Panama, was briefed on XCMG’s strategic international layout and […]
City frogs and rainforest frogs don’t sing the same tune, researchers say. A study released Monday examined why Panama’s tiny tungara frogs adapt their mating calls in urban areas – an unexpected example of how animals change communication strategies when cities encroach on forests. These frogs take advantage of the relative absence of eavesdropping predators […]
Travel Pulse wants you to discover this country’s riches in experiential travel: off-the-beaten-path exploration, immersive encounters. n the brief new Panama Specialist Travel Agent Academy program, you’ll learn what makes Panama the perfect match for clients seeking to make a real connection with their vacation destination through experiences relating to the country’s natural beauty, history, […]
We close out this last Panama Perspective of 2018 with a wish that you have very Happy Holidays. We will pick things back up after the first of the year and will continue to bring you news and property offerings of merit here in Boquete throughout 2019 Before we go, we would like to share […]
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 […]