Panama: Economic Activity Up 3%


News from Panama

Trade and manufacturing are the sectors that contributed the most to the year-on-year variation of 3.1% registered during the second month of the year in the economic activity index. From a report compiled by the General Comptroller of the Republic: The Monthly Index of Economic Activity (IMAE) in the Republic, for the period January-February 2018, […]

April 23, 2018

Too Many Jobs, Not Enough Workers


News from Panama

It is estimated that between 2015 and 2020, Panama will need to hire around 68,000 employees with technical specialties, and the logistics sector will be the leader in the demand. According to a labor market study carried out by the Ministry of Labor and Labor Development (Mitradel), estimates for from demand companies for technical personnel is […]

April 23, 2018

Panama Canal Predicts Fivefold Increase in LNG Cargoes


News from Panama

The Panama Canal Authority believes that it could handle up to 30 million tonnes per annum of American natural gas by 2020, a fivefold increase over last year’s numbers. In an interview with Reuters, ACP administrator Jorge Quijano said that he expected volumes to rise as more LNG plants come online on the U.S. Gulf Coast. At […]

April 23, 2018

What I am reading (drinking) now


News from Panama

    My friend Geoffrey McRae sent me this article and I again find myself attracted to Argentina as a future destination.  He  has perhaps the best real estate representation in the field of agriculture and lifestyle in South America.  He recently won  Agricultural Real Estate Service Provider of the Year in Argentina for 2018’.  Wine has […]

April 23, 2018

Tender: $13 million Social Housing


News from Panama

Panama Government Purchase 2018-0-14-0-09-LV-013035:    “Supply of materials, labor, equipment and administration for the construction works of five hundred (500) social interest houses, with rbs kits, as part of the Techos de Esperanza program, for the province of Veraguas, towns of Atalaya, San Francisco, Calobre and Santiago.” Reference value: $6.975.000   The deadline for receipt […]

April 17, 2018