Cruising the Panama Canal


News from Panama

Ala Michalka writes for Conde Nast Traveler. The sun was about to set, and my fingers were sticky with pineapple and mango as I boarded a Zodiac to return to our yacht, moored a few hundred yards off the Costa Rican coast. I’d been smuggling fruit from the cooler all day during our expedition into […]

July 5, 2018

Chinese to Build Bridge Over the Canal


News from Panama

The Chinese certainly know how to build among many things bridges, and I am glad to see that  Panama has awarded more contracts to them. After two proposals were disqualified and another participant withdrew, the consortium formed by two Chinese state construction companies won the tender to design and build the fourth bridge over the Panama […]

July 5, 2018

The Eternal Problem of Lack of Qualified Staff


News from Panama

Ever wonder why Panama cannot continue its high rate of growth after all the spending on the canal ran out.   35% of companies in Panama reported having difficulties filling job positions, mainly intermediate positions with a high level of training required. After our trip to Santiago Chile, I am really concerned for Panama if things […]

July 5, 2018

Panama Fends Off Organized Crime


News from Panama

Panamanian Vice Minister of Public Security Jonattan Del Rosario doesn’t believe in shortcuts to guarantee security and defeat transnational criminal organizations, but vouches for interagency operations to weaken and combat them more effectively. State organizations’ joint and coordinated work, better equipped and trained public forces, and tougher laws to punish criminals and facilitate their prosecution […]

July 5, 2018

Panama has finally joined the ranks of high-income countries


News from Panama

For the first time ever, Panama has been classified as a high-income nation—a country with a gross national income per capita of $12,055 or more—by the World Bank. The bank, which determines new thresholds for each category every July, also showed that Argentina gained the classification for only the second time since it began grouping […]

July 5, 2018

Business Is Booming at the Panama Canal


News from Panama

Ships moving natural-gas and petroleum-product exports from the U.S. are the fastest-growing business for the Panama Canal, with annual revenue from tolls growing more than 20 times over the past two years. Liquefied-natural-gas shipments from U.S. energy producers in Texas took off in 2016, when the waterway expanded its locks, which allowed ships three times […]

July 5, 2018