Fitch Ratings has affirmed Panama’s sovereign ratings as follows: –Long-term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘BBB’, Outlook Stable; –Senior unsecured Foreign- and Local-Currency bonds at ‘BBB’; –Country Ceiling at ‘A’; –Short-Term Foreign- and Local-Currency IDR at ‘F2’. KEY RATING DRIVERS Panama’s ratings are supported by continued strong and stable macroeconomic performance, which […]

A judge on the Panama Supreme Court who drafted a ruling against marriage rights for same-sex couples has withdrawn it. Justice Luis Ramón Fábrega last October in his draft ruling wrote the provisions of Panama’s family code that prevent gays and lesbians from marrying in the country are not unconstitutional. Fábrega also suggested members of […]

Panama-based Copa Airlines and Lufthansa Group have agreed to expand the scope of their existing codeshare to allow Copa to commercialize and market the Panama-Frankfurt-Panama route, which is operated by Lufthansa. Copa will now be able to codeshare the route with a Copa Airlines flight number. “With this alliance … passengers will have better options […]

Having had first hand experience there with a past surgery, I can say that while Paitilla Medical Center may not be as sexy looking as Hospital Punta Pacifica, it has some of the best Panamanian doctors many of  whom are US Board Certified surgeons and are counted among the best in Latin America.  The care that […]

Representatives of Panama’s government and China Railway Design Corporation held their first technical meeting over a proposed rail line in the Central American country, Panama’s Foreign Affairs Ministry said Monday. The project is among 22 cooperation agreements signed between Panama and China since the two established diplomatic ties in June 2017, the ministry said in […]

This is a great story written by Andrew Wight on Mongabay about the plight of humpbacks here in Panama. The key to alleviating whale strikes in the Panama Canal ended up being inspired by a solution used on land — and led to a years-long struggle for a Panama Canal pilot and a whale biologist […]

Members of the World Jewelry & Diamond Hub, Panama, elected Edi Faltz as the bourse’s new president. He replaces Mahesh Khemlani, a former vice minister of finance for the country, who had served in the position since September 2015. The World Jewelry & Diamond Hub, Panama, is Latin America’s only diamond bourse. Faltz has served […]

Panama and China have signed 22 cooperation agreements since the two countries established diplomatic ties last June.   Representatives from the business community in Qingdao, a Chinese coastal city in Shandong province, and the Central American country of Panama have agreed to boost cooperation, as well as exchange of information. A memorandum of understanding on cooperation was […]

The first container of pineapples bearing the country’s brand left on January 28, 2018 with 1,600 boxes bound for Switzerland. The merchandise is owned by the Chirian company, Tropical Fruit Co. As such, the company now joins Panama Fruit, which sent 1080 boxes of papaya from David, Chiriqui, to the United States, and the Panama […]