Peru: The Glass Half Full


News from Panama

WALTER T. MOLANO writes in Latinvex that cobbling together a coalition to push through political reforms will be difficult. Peru is the fourth largest country in Latin America, with the fifth-largest population and the sixth-largest GDP. Often dismissed by some regional neighbors, it is a well-managed and diversified economy. However, this was not always the […]

February 9, 2020

What I am Watching Now – Of The Sea


News from Panama

Of the Sea is a female-driven surf film that follows a mother and her entrepreneurial efforts to raise awareness of the world’s plastic consumption. As seen at: NFFTY – Audience Award, Jury Award Nomination Surfalorous Film Festival – Emerging Filmmaker Award Santa Fe Independent Film Festival – Best NM documentary short Huntington Beach Film Festival […]

February 9, 2020

Footwear: Event Suspended in Panama


News from Panama

The impact of the coronavirus is affecting business everywhere, including Panama. Because of the crisis that has been generated in several Asian countries by the presence of the coronavirus, the organizers of ExpoTrend Summer 2020 reported that the international event is suspended. The event was to take place from February 10-12 at the Atlapa Convention […]

February 9, 2020

Machinery Sales: Optimism in Panama


News from Panama

Businessmen dedicated to the commercialization of machines and heavy equipment expect that between the end of 2020 and the beginning of 2021 sales will begin to recover, derived from the mega-projects that will be executed in the country. The public infrastructure projects that are close to being developed and that have generated expectations among the […]

February 9, 2020

Tender for $49 Million in Road Rehabilitation


News from Panama

The Ministry of Public Works of Panama tenders the study, design, construction and financing for the rehabilitation and expansion of the highway Autopista – Puerto Vacamonte, in Panama West. Panama Government Purchase 2020-0-09-0-15-LV-006304: “The project consists of 5 (five) kilometers, however, the Tendering Entity may determine works that within the execution of the work in […]

February 9, 2020

Line 3: Award Confirmed in Panama


News from Panama

The award of the contract to the HPH Joint Venture Consortium became final, after several claims submitted in the tender process for the design and construction of Metro Line 3 were resolved. Héctor Ortega, director of Metro de Panamá, S.A., announced that on February 4 the resolution confirming the award to the HPH Joint Venture […]

February 9, 2020

Panama’s Monetary System


News from Panama

Patrick A. Heller writes of his trip to Panama. Last week, I returned from a brief vacation in Panama.  I did not have to change my U.S. dollars for local currency since the U.S. dollar is the legal tender currency there. Since Panama (with the backing of the U.S. government—almost certainly prompted by President Theodore […]

February 9, 2020