In Panama City’s booming colonial core, locals fight to stay


News from Panama

Esther Marina Sanchez has watched her neighborhood — the heart of Panama City — transformed by its designation as a UNESCO world heritage site. Tourists and well-heeled Panamanians now stroll the paving-stone streets among gaudy hotels, fancy restaurants and trendy discos that have popped up in once-dilapidated colonial-era buildings. Gone are the gangs, the decay […]

July 31, 2018

Chinese consortium to build fourth Panama Canal bridge


News from Panama

A group formed of China Communications Construction Co Ltd (CCCC) and China Harbour Engineering Company Ltd (CHEC) won a $1.42 billion contract build the fourth bridge over the Panama Canal, Panama’s government said. The 6.5-km (4-mile) bridge will have six car lanes and a two-way metro line. The Chinese companies initially won the contract in […]

July 31, 2018

Wine Market in Panama in 2018


News from Panama

In the first three months of the year, companies in Panama imported $5 million worth of wine, 4% more than in the same period in 2017, and 50% came from Chile and Spain. Figures from the information system on the Wine Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData. Variation of imports […]

July 31, 2018

Panama Subway: Tender for Extension of Line 1


News from Panama

A tender has been launched to design and build works that include the extension of Metro Line 1 to Villa Zaita. Panama Government Purchase 2018-2-80-0-08-LS-001760: “Requirements are for design engineering services, construction of civil works, auxiliary line installations and stations, and interfaces with integral rail system for the extension of Line 1 of the Panama […]

July 31, 2018

Conclusions of the XV Regional Conference on Central America, Panama, and the Dominican Republic


News from Panama

Central bank governors, finance ministers, and banking superintendents of Central America, Panama, and the Dominican Republic, and IMF officials met in Tegucigalpa on July 26-27 to review the regional economic outlook and discuss reforms to remove obstacles and create opportunities for suitable growth. The Constitutional President of Honduras, Juan Orlando Hernandez and the Deputy Managing […]

July 31, 2018

Dubai Chamber opens office in Panama


News from Panama

Abu Dhabi: Dubai Chamber of Commerce and Industry (Dubai Chamber) has announced the opening of a representative office in the Republic of Panama to strengthen its presence in Latin America. Dubai Chamber’s Panama office is its second in Latin America and it’s ninth in the world. Its inauguration follows the opening of offices in Sao […]

July 31, 2018

Copa Airlines adds two new routes from Panama City


News from Panama

Barbados joined Copa Airlines’ route map on 17 July, the day that the Star Alliance member launched a twice-weekly (Tuesdays and Fridays) service from its Panama City base. On hand to greet the inaugural flight at the Caribbean island airport was Kerrie Symmonds, Minister of Tourism and International Transport, who presented Barbados-born Copa Airlines Captain Marc Holford […]

July 31, 2018