Specifications are being published for the design, construction of civil works, auxiliary installations, supply and installation of an integral system that includes monorail rolling stock for the third Line. According to details of previous studies, Line 3 of the Panama Metro will be located between the provinces of Panama and Panama West, covering part of the […]
“Public debt in terms of simple average for the Central American region will continue growing, reaching 43.1% of GDP in 2018, after having registered 42.5% in 2017.” The Central American Institute of Fiscal Studies (Icefi) estimates that for the current year the size of public expenditure of the Central Government in relation to the respective […]
In the first eight months of the year, the authorities registered 179,000 work contracts, 4% less than the 186,000 contracts reported in the same period in 2017. According to figures from the Ministry of Labor and Labor Development between the first eight months of 2017 and the same period in 2018, the types of permanent […]
To correct alleged price distortions in the local market, the Panamanian government plans to regulate imports of beef from Nicaragua. The Ministry of Agricultural Development (MIDA)’s plan is to establish new import rules, which will aim to correct the “distortion in the price of beef paid for the local product.” The new regulatory framework, which according to Panamanian authorities consists […]
Fewer ships from China and the United States could use the Panama Canal if trade tensions escalate between the two economic giants, but the dip could be offset by grain exports from north Brazil, the head of the organization that operates the waterway said. The canal, which cuts through Panama creating an essential shipping route […]
Panama has enlisted the help of Foley Hoag LLP to defend it from arbitration initiated by the Spanish construction company Sacyr SA regarding cost overruns incurred during a project to broaden the Panama Canal, Law360 learned on Tuesday. Reports emerged early this week that Sacyr, a member of the consortium Grupo Unidos Por El Canal […]
The documentary on Panama’s most popular actor, musician and presidential candidate won the Audience Award at the 2018 SXSW festival. The Panamanian Academy of Film Arts and Sciences has chosen Abner Benaim’s documentary Ruben Blades Is Not My Name as the country’s bid for the Oscars in the foreign-language category. The film follows actor and […]
At 25,000 square feet, the world’s first indoor vertical farm is also one of the largest farms. Located 120 miles south of Seoul, South Korea, fruits and vegetables grow without soil, bathed in light from pink LEDs.
This is a great video compilation of the great dancers we used to have put to a modern tune.
Mortgage and personal loans continue to be responsible for much of the 5% increase in domestic credit to the private sector, recorded between June 2017 and the same month in 2018. According to the latest report by the Superintendency of Banks, in the sixth month of the year the credit portfolio of the private sector […]