Panama Canal Sets New Monthly Tonnage Record


News from Panama

MAREX reports on the new record set in Panama, again!! The Panama Canal set a new monthly tonnage record of 38.1 million tons (PC/UMS) after facilitating the transit of 1,231 vessels in May 2018. This is the third time a record has been set since the inauguration of the Expanded Canal. The previous record was […]

June 11, 2018

US extradites Panama ex-President Martinelli


News from Panama

The Miami Herald reports in this AP article about Martinlelli’s return to Panama. Former Panamanian President Ricardo Martinelli returned to Panama to face political espionage and embezzlement charges after being extradited from the United States on Monday. Panama’s Foreign Ministry said that the U.S. turned Martinelli over at Panama City’s international airport after a plane […]

June 11, 2018

Susie’s Birthday Month


News from Panama

End of the line for our South America vacation for Susie’s Birthday Month – Bariloche Patagonia!! No it is not Switzerland but Bariloche known as Argentina’s answer to Switzerland. St Bernard’s with whisky flasks and yes, they specialize in chocolate too! Situated on a series of lakes and flanked by the mountains of Patagonia, Bariloche […]

June 11, 2018

Panama: The Vacation You’ve Been Waiting For


News from Panama

Don’t know where to head on your next vacation? Well, say no more. Here are 5 reasons you should make Panama  your next destination. First, it has breathtaking beaches. If Panama is known for anything, it’s for the beautiful beaches you can find all around the country. Some people even have the ocean in their […]

June 5, 2018

Looking for Companies to develop $500 million Works


News from Panama

Empresa de Transmisión Eléctrica de Panamá has started a process to prequalify companies for a design and construction project for a fourth transmission line. According to the prequalification documents, an approval meeting will be held with all those interested in participating in the bidding process, on June 13 at 9 am at the Sheraton Grand […]

June 5, 2018

Panama as Seen by the IMF, June 2018


News from Panama

Due to the recent strike in the construction sector, the entity has reduced projections of economic growth for this year from 5.6% to 4.6%. From a statement issued by the IMF: June 1 2018. A staff team of the International Monetary Fund (IMF), led by Alejandro Santos, visited Panama during May 21-June 1, 2018. At […]

June 5, 2018