Record Tonnage Moved Through Panama Canal in FY2018


News from Panama

The 9.5 percent increase from PY2017 was driven by the transit of liquefied petroleum gas and natural liquefied gas carriers, containerships, chemical tankers, and vehicle carriers. Tonnage moved through the Panama Canal during its 2018 fiscal year set a new record, with 442.1 million Panama Canal tons — a 9.5 percent increase from the previous […]

November 6, 2018

Panama exports 6,400 boxes of MD-2 pineapples to Turkey


News from Panama

The Panamanian company Dolce Pineapple shipped 6,400 boxes of pineapples of the MD-2 variety, which only grows in Panama, to Turkey on Tuesday, stated the Ministry of Agricultural Development of Panama (Mida). The shipment was made under the Panama Exporta brand, a program promoted by the Panamanian Government through the Ministry of Agricultural Development and […]

November 6, 2018

Fitch Affirms Panama’s Canal “A” Rating


News from Panama

Credit rating agency Fitch Ratings has affirmed Panama Canal Authority’s (ACP) “A” investment grade rating with a stable outlook for its long-term issuer default rating and its senior unsecured notes, ACP said in late August. Fitch said Panama Canal’s “stable” volume performance, solid competitive position, and well-diversified cargo mix help it achieve “high levels of […]

November 6, 2018

Parade and Party Time in Boquete


News from Panama

This last week was a short work week with everything closed from last Friday to Tuesday of this week.  The weather was perfect and the parades were as beautiful as always with unending miles of smiles  on the faces of the participants and the crowd.  We had performances by dancers and marching bands that seem […]

November 6, 2018

Everyone Needs to Hear This


News from Panama

Jay Shetty is  a great speaker and makes you stop and re examine what you are doing with your life.  Jay used to be a monk. That thing you do, after your day job, in your free time, too early in the morning, too late at night. That thing you do when you’re all alone […]

October 30, 2018

Chinese Inspecting Food Plants


News from Panama

To verify whether they comply with the rules for exporting meat, seafood, dairy products and fruits to the Asian country, representatives of the Chinese government will conduct an inspection of several production plants in Panama. As part of the Free Trade Agreement between China and the Central American country, it was reported that from October […]

October 30, 2018

Central America: Fuel Prices up to October 22nd


News from Panama

Price per gallon of standard gasoline: Costa Rica $4.21, Nicaragua $4.07, Honduras $3.87, El Salvador $3.56, Guatemala $3.52 and Panama $3.21. inShare From the report of the Ministry of Economy of El Salvador: According to data from the IEA, the United States is in full season of hurricanes and the passing of Hurricane Michael through […]

October 30, 2018