More from Catherine Wong on President Varelas visit to China Panama’s President Juan Carlos Varela voiced his support for the “one-China” principle on Thursday as the country opened its first embassy in Beijing, five months after it ditched Taiwan and established diplomatic ties with the mainland. Varela, who is on a weeklong visit to China, […]
The Trump Ocean Club International Hotel and Tower soars over Panama City bay, a 70-floor skyscraper shaped like a sail. Donald Trump’s first international hotel venture, which opened in 2011, is a mix of condominiums, hotel rooms and a casino. By day it glints in the tropical sunshine, an apparently shining testament to […]
Catherine Wong writes in South China Morning Post about Panama and President Varela visit this month. Panamanian President Juan Carlos Varela said his country’s decision to shift diplomatic ties from Taipei to Beijing could be a model for other countries but would not affect its relations with Washington. In Beijing on a week-long trip […]
In Panama 30 hotels are now working with an application that allows travelers to book and rent rooms for a number of hours and not for a full day. In an attempt to raise their occupancy rate, which at the national level has not managed to exceed 45% in recent years, some hotels in Panama […]
On a chill February day in 1983, a 20-year-old young woman known as Phoolan Devi—literally, Flower Goddess—walked out of the forested ravines of the Chambal River valley and handed over her gun. She bowed to images of Gandhi and the goddess Durga and surrendered herself to the Chief Minister and Chief of Police of Madhya […]
Reports state that the available supply of office space in square meters in Panama City grew from 18% in July of last year, to 21% in the same month in 2017. A study reported on by Elcapitalfinanciero.com indicates a sustained increase in the available supply of office space in the Panamanian capital, which went from […]
In the tender to expand a 36-kilometer stretch of road in Panama to six lanes, the consortium formed by FCC Construcción and Operadora CICSA submitted an offer for $543 million, while MECO and Constructora Urbana, offered $624 million. China Communications Construction Company, LTD also participated in the tender “Extension to six lanes – Corredor de […]
With a loan from BCIE, the laboratories and biosafety buildings, the transport warehouse, the water treatment plant and the administration of the Campus Gorgas research center will be built. From a statement issued by the Presidency of Panama: The Cabinet Council at its meeting on Tuesday authorized the signing of a loan contract between the […]
Panama wants to make the most of its geographical position to supply the rest of the continent with energy. Panama’s government wants to use its pivotal location and liberal fiscal policies to transform the country into a regional power and energy hub, putting itself ahead of competitors in the region. Last year’s $5.4bn extension of […]
Reuters reports that the two sons of former Panamanian president Ricardo Martinelli were paid $49 million by Brazilian engineering company Odebrecht through a network of shell companies, Panama’s prosecutors office said on Thursday. The two sons, whose whereabouts are unknown, were paid to facilitate paperwork for contracts that the company had won, prosecutors said in […]