The Ro-Ro terminal the Panama Canal Authority is considering to build on the west side would require a $200 million investment. The purpose of a specialized rolling cargo terminal is to turn the area where it will be built into a center for redistribution for vehicles, machinery and heavy equipment to serve the local market […]
I found this sweet place that will be perfect for my new Field Sport Bentley. Click on the picture for the video presentation of this quarter billion dollar mansion.
Panama Canal Administrator Jorge L. Quijano has been awarded the Order of the Rising Sun, Golden and Silver Star, by the Government of Japan. Established in 1875, the distinguished honor is bestowed by the Japanese Government upon individuals who make exemplary achievements in international relations, promoting Japanese culture, improving social welfare, environmental preservation or the […]
Bloomberg reports: It seemed at the time like a somewhat random, and amazingly fortuitous, coincidence. Just as the Panama Canal was unveiling a new, fatter set of locks, U.S. shale drillers were readying their very first exports of liquefied natural gas. While the wide-body tankers that transport LNG would’ve had no chance of squeaking through […]
Reuters reports: Panama and China will begin negotiations in June 2018 to sign a free-trade deal, the two countries’ trade ministers said on Thursday, consolidating a relationship that has strengthened after the Central American nation ditched ties with Taiwan. Panama’s June decision to end diplomatic links with Taiwan was a major victory for Beijing, as […]
The Development Bank of Latin America has confirmed another loan to finance the design and construction of the wastewater system in Arraiján and La Chorrera, in West Panama. The funds will be executed by the Ministry of Health (MINSA) through the Coordination Unit of the Panama Sanitation Program (UCP). This is the seventh approval of a […]
Between January and June 2017, the region imported $590 million worth of mobile phones, 10% more than the imports in the same period in 2016. Main brands Among the main brands imported into Central America and according to purchase value are Samsung, Huawei and Apple, which together account for approximately 80% of total imports. Imports by […]
A donation of $1.8 million bolsters the National Air and Naval Service of Panama’s tactical response capacity in maritime interdiction. U.S. Southern Command (SOUTHCOM) donated tactical equipment valued at $1.8 million to the National Air and Naval Service of Panama (SENAN, per its Spanish acronym). On August 30th, the U.S. Embassy’s Office of Security Cooperation […]
I wrote a small piece for Latin America Advisor along with some other writers. The question was “Panamanian President Juan Carlos Varela last month made his first state visit to Beijing after breaking off relations with Taiwan in favor of establishing them with China in June. Since then, what have China-Panama relations brought to both countries? […]
The Panama Canal Authority is evaluating constructing a Liquefied Natural Gas supply terminal on the Pacific Coast, with an investment that could be around $100 million. Oscar Bazán, executive vice president of Planning and Commercial Development of the Panama Canal Authority (ACP), told Elcapitalfinanciero.com that “… they have already completed an exploratory study to determine […]