Acciona Construcción, S.A.’s proposal was the best qualified in the tender for the construction and equipment of the new Children’s Hospital in Panama. The CAMCE Consortium’s proposal totaled $613 million and that of Consorcio Acciona Construcción, S.A. was $614 million, both presented at the public ceremony held on April 15. See “Two Proposals for Hospital […]
Thanks and a hat tip to Mike Traynor for this “on point” video.
The growing trend to work for companies that offer the flexibility to work from home or in spaces outside the office, is modifying the employee performance and even triggering changes in the real estate market. Experts on the subject say that Panama reports a growing trend, which consists of employees choosing not to work in […]
Over the next four years, the country seeks to focus on attracting tourists between the age of 40-70 who are interested in environmentally “sustainable” destinations. The project, which aims to position Guatemala internationally as a destination for this profile of tourists, is developed by Regenera, a non-governmental organization of Chile, and the Guatemalan Institute of […]
Until May 21, 2025, the plan to grant preferential interest rates for mortgage loans in the country was extended. On May 20, Law No. 85 was published in Gaceta Oficial, which was approved by the National Assembly in April of this year and sanctioned this week by President Juan Carlos Varela. See “Preferential Interest Law […]
Roane State faculty Dave Rath and Cody Miller faced an ironic dilemma. They had more contributions for impoverished children in Costa Rica and Panama than they had space set aside to fly down to those Central American countries. “We’ll find a way,” Rath vowed. “Before we leave your hard work in Tennessee, we’ll find a […]
The Panama Canal Authority has postponed its sixth planned draft restriction in the canal for 2019 after heavy rainfall eased water levels in the tributary Gatun Lake. In an advisory note to shipping firms, the PCA advised that the new maximum authorized drafts will become effective June 12, instead of May 28. The new maximum […]
The poultry farmers’ union reports that in 2018 the gross value produced by the poultry sector, which includes chicken meat and eggs, totaled $390 million, 2% more than in the previous year. Figures from the National Association of Poultry Farmers of Panama (Anavip) detail that last year the production of chicken meat was 110 million […]
The Panama Canal Authority has announced enhancements to its Green Connection Environmental Recognition Programme, which aims to encourage the shipping industry to mitigate the environmental impact of their operations. The initiative is an incentive-based system that includes the Green Connection Award, the Environmental Premium Ranking and the Emissions Calculator. In a statement issued yesterday (20 […]
Local accounting and advisory firms in three Latin American countries – Costa Rica, Panama and Puerto Rico – have joined international professional services networks. In Costa Rica, CGS-CPA & Consultores, based in San José, the capital and largest city of Costa Rica, has joined Morison KSi, an association of 150+ professional service firms active in nearly 90 […]