Latinvex reports on the economies of Latin America and guess who is the overall winner – PANAMA!!! Despite business-friendly governments in Latin America’s top three economies of Brazil, Mexico and Argentina, they will be among the top laggards in Latin America GDP growth this year, according to a Latinvex analysis of new estimates from the International Monetary Fund (IMF). Only economic […]
This in from Ozy.com on their experience eating street food in Panama. While I also like the traditional Pescado Entero, I know of many more place that I would go to for great fish, namely on most of the beaches of Panama. Peach Fuzz International has nothing to do with peaches and everything to do […]
This was a huge deal for Ricardo Perez. ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Yoshihisa Suzuki, President & COO; hereinafter “ITOCHU”) announced today that it has taken effective control of Ricardo Pérez S.A. (hereinafter “RPSA”), which is an exclusive distributor for the Toyota and Lexus in Panama and currently a wholly owned subsidiary of Grupo […]
Reuters Staff reports on this update. Emirates has revived prospects of non-stop flights to Panama, the airline said on Wednesday, encouraged by development potential in Latin America. The Middle East airline shelved plans for flights to Panama City from its Dubai hub in early 2016 after it was unable to secure enough code-share agreements to […]
Why you should care. Because Ilya Espino de Marotta led one of the largest engineering projects of this century. You go girl! When Ilya Espino de Marotta lifted off in a helicopter to survey her $5.2 billion project, her legs turned to jelly. That’s because this marine engineer, whose day job often has her evaluating very, very […]
Trade and manufacturing are the sectors that contributed the most to the year-on-year variation of 3.1% registered during the second month of the year in the economic activity index. From a report compiled by the General Comptroller of the Republic: The Monthly Index of Economic Activity (IMAE) in the Republic, for the period January-February 2018, […]
Panama Canal construction in 1913 showing workers drilling holes for dynamite in bedrock, as they cut through the mountains of the Isthmus. Steam shovels in the background move the rubble to railroad cars. (Everett Historical/Shutterstock) This is a great article by Smithsonian. The project was a tremendous American achievement, but the health costs to the […]
It is estimated that between 2015 and 2020, Panama will need to hire around 68,000 employees with technical specialties, and the logistics sector will be the leader in the demand. According to a labor market study carried out by the Ministry of Labor and Labor Development (Mitradel), estimates for from demand companies for technical personnel is […]
Although a war of words over tariffs has intensified between China and the United States, there is still good reason to be optimistic about prospects for global trade, the administrator and CEO of the Panama Canal Authority said in an interview with The Japan Times on Wednesday. Jorge L. Quijano, who stopped in Tokyo this […]
The Panama Canal Authority believes that it could handle up to 30 million tonnes per annum of American natural gas by 2020, a fivefold increase over last year’s numbers. In an interview with Reuters, ACP administrator Jorge Quijano said that he expected volumes to rise as more LNG plants come online on the U.S. Gulf Coast. At […]