Colombia’s Grupo Aval, owner in Panama of BAC, has reached an agreement to acquire Multibank Financial Group, the holding company of Multibank Panama, which has assets of US$5 billion. Aval said that the transaction, which will be carried out through its subsidiary Banco de Bogotá, represents an important step in its regionalization strategy, Newsroom Panama […]
Newsroom Panama published another great article on current events in Panama. One of China’s largest car manufacturers, GAC Motor, is considering installing an assembly plant in Panama if the free trade agreement (FTA) that both nations are negotiating is successfully concluded. The company opened its first distributorship for Central America in Panama on Friday, October […]
Great article in MENAFN about Panama about COPA working together on tourism promotion. Copa Airlines , the Tourism Promotion Fund (PROMTUR), and the Tourism Authority of Panama (ATP) launch the campaign to promote the new ‘Panama Stopover’ program, which will seek to encourage the more than 6 million passengers that annually travel throughPanama , include […]
This article was just featured in Architecture and Design and Susie and I can tell you from experience, there is nothing like this in Panama. And it is here in our back yard!! Isla Palenque, a small private island resort off of Panama, emphasizes sustainability as the ultimate luxury At most luxury resorts, a mini-civilization […]
What a wonderful time we had in my favorite part of the world. Volcanos, rivers, cascades, ocean, lakes and mountains like you have never seen before. Southern Chile was colonized by the Germans in the mid 1800s and they transformed the vast forests into pasture where they raised sheep, horses, cows […]
Last year Susie and I visited Chile briefly and then traveled to Buenos Aires in Argentina. Next, we headed south to Patagonia where we stayed in Bariloche, a world renowned lake side ski town. This year we travel south in Chile to Patagonia where we are just two mountains over from Bariloche across the Andes. […]
The Ministry of Public Works of Panama tenders the design and construction to rehabilitate the Gatun – Miguel de La Borda Highway, in the province of Colon. Panama Government Purchase 2019-0-09-0-03-LV-006058: “The project consists of a 67.7 kilometer length approximately, which begins in Gatun at one side of the locks and ends in the town […]
From October 1, 2020, the analog television signal will cease to function in the provinces of Panama, Panama West and Colon, to switch to the digital signal. Starts analog power off countdown for open TV signal. On October 1, 2020, the Digital Terrestrial Television open signal enters into force in Phase I in the provinces […]
PanaFarma wins tender to supply social security hospitals with closure system for two years. Gordian Surgical Ltd. a portfolio company of The Trendlines Group Ltd. (“Trendlines”) (42T.SI) (TRNLY), announced today that its exclusive distributor in Panama – PanaFarma – has won the tender to supply Panama’s social security hospitals with the TroClose™1200 access-closure system for a two-year period. As […]
In the 2019 Travel and Tourism Competitiveness Index, Costa Rica, Panama, Honduras, El Salvador and Guatemala fell back in the ranking, while the Dominican Republic was the only country that improved. According to the report prepared by the World Economic Forum, during 2019 Costa Rica ranked 41 out of 140 countries. It was followed by […]