As of September 2019, imports of vehicle parts into the Panamanian market totaled approximately $184 million, and purchases from Mexican companies increased 17% over the same period in 2018. Variation of Imports According to CentralAmericaData‘s estimates, between January and September 2018 and the same period in 2019 the value of imported vehicle parts and replacements […]
According to data provided by the Ministry of Agricultural Development (MIDA) of Panama, the country will export 360,000 pounds of pineapples this year, equivalent to 163 tons, to France, Italy, and Germany. “The product will cost 10 to 12 balboas per unit and will reach cities where there are culinary centers and luxury hotels,” said […]
The recent implementation of new water measures on 15 February for the Panama Canal have already produced delays for vessel transits. “The current waiting time is approximately 11 days for the Panamax locks and 3-4 days for neo-panamax locks but the waiting time vary from one vessel to another depending on vessel category, vessel restrictions, […]
The University of Panama plans to build a four-hectare site in the village of Tocumen, a university complex that will be used by the Faculty of Agricultural Sciences. According to the interactive platform “Construction in Central America” of CentralAmericaData‘s Trade Intelligence Unit, the University of Panama presented the Environmental Impact Assessment (EIA) to the Ministry […]
The low-cost airline Wingo announced that as of April 28 it will begin operating a direct flight twice a week between the capitals of Panama and Peru. The new route, which will have tickets available on Tuesdays and Saturdays, will be operated by 737-800 NG aircraft with capacity for 186 passengers, company officials said. You […]
Some pet service providers claim that their sales have been sustained, while others report that their income is beginning to recover after overcoming a period of economic slowdown. In recent years the Panamanian economy recorded a slowdown, since in 2018 the Gross Domestic Product of the country reported a 3.7% year-on-year growth, far from the […]
The boom in inward investment from international shoots has benefited Central America’s film industries. Elisabet Cabeza reports on an EFM panel hosted by Screen International and Panama Film Commission. Local and international filmmakers came together at the European Film Market on Sunday, February 23 for the ‘Shooting in Central America and the Caribbean’ panel, sponsored […]
Dubai Chamber organised a breakfast roundtable for private and public sector stakeholders in Panama to introduce them to the trade and investment opportunities in Dubai due to Expo 2020, in addition to highlighting Dubai as a global business destination and gateway to the MENA region for Latin American countries. Forty-five participants representing the private and […]
This is a recently built home that has never been occupied. It has 3 bedrooms and 2 baths, living area, dining room, kitchen laundry room and covered carport. Enclosed area is 1,168 square feet. Total area is 1,560 square feet. See a drone aerial video here Living area is very spacious and there are lots of windows. […]
A new “freshwater” charge that came in this month to help the Panama Canal cope with climate change will cost the shipping industry up to $370 million a year, marking another blow for maritime companies already hit by fallout from the coronavirus. The Panama Canal, one of world’s busiest shipping routes, which handled nearly 14,000 transits last year, said […]