So, you want to know about corn?” Rafael Mier asks, grabbing two suitcases out of the back of a beat-up station wagon. “We are having a crisis in Mexico.” It is, as it always is, a bluebird day in Baja California, Mexico. When I heard a man was in town who was trying to save […]
Yashu Gola writes in LiveBitCoinNews.com about the growth in real estate in Panama. It is evident when you see our highway from Boquete to David ($118 MM) and pass the new Federal Mall ($180 MM) as you come into David. I counted no less than a dozen new shopping centers and office building under […]
A feasibility study is being carried out for the extension of Line 2 into the financial zone and then extending it up to Paitilla, instead of ending it at Urracá Park, as originally planned. Elcapitalfinanciero.com reports that “…According to Panama Metro’s Planning and Development Director Ana Laura Morais, they are waiting for the results of the passenger demand […]
By the end of 2016, the bank loan portfolio for housing and commercial construction exceeded $14.7 billion, and more than 19,000 houses and 545 buildings were built in Panama in the last six years. A combination of low interest rates coupled with a growing and stable real estate supply account for much of the growth in real […]
Palau International Ship Registry (PISR) has expanded its global reach into 29 countries with a total of 42 Deputy Registrar offices around the globe. The maritime hub of Panama is one of the PISR offices to deliver state of the art registration services and has now appointed Mrs. Melyssa Alejandra Barrios, Deputy Registrar for […]
This is a testament to the strength of the financial markets here in Panama. Banistmo, the financial institution held by the Grupo Bancolombia in Panama, placed US$ 400 million in bonds maturing in five years with a 3.65% annual coupon. Demand was equivalent to 4.5 times the amount sold, reaching US$ 1.8 billion. The proceeds […]
American Vanguard Corporation has announced the acquisition of Grupo Agricenter, dedicated to the production and commercialization of crop protection products in Central America. American Vanguard Corporation (NYSE:AVD) announced today that its wholly owned subsidiary AMVAC Netherlands BV, will acquire Grupo Agricenter to reinforce its commercial, technical and development structure in the Latin-American region. AMVAC has […]
Within the conditions to operate under the Multinational Enterprise Headquarters regime in Panama, the requirement for a worldwide number of employees has been changed to instead include a requirement to have a presence in more than 40 countries. From a statement issued by the Ministry of Trade and Industry: The Ministry of Commerce and Industries […]
Jessica Ramesch writes for International Living about her love of the big City. About a month ago, I packed up my things and left Panama City for a rented house in the countryside…and it was glorious. I wrote to friends about the peace and serenity of “my little Quietville.” And when my one-month lease expired, […]
Cuban expers in coconut production are providing technical assistance to Panama to fight plagues and diseases and managing crops, according to a press release published by the Cuba Office of the United Nations Food and Agriculture Organization (FAO). This mission wants to strenghten the capacities of the Agricultural Development Ministry (MIDA) and the Agricultural […]