Great idea but poorly handled as we have built a number of multi-million dollar facilities that sit idle. The only one semi operational is in David. Seven years after its conceptualization, the ambitious project that initially comprised the creation of eight markets has now been reduced to five, and the first will be ready in […]
The Panama Maritime Authority officially inaugurated a Miami office to facilitate technical inquiries and respond to clients on the US East Coast. Previously, the registry’s technical office was located in New York. Jorge Barakat Pitty, minister of maritime affairs and administrator of the Panama Maritime Authority, said the office will provide quality service, 24/7. […]
Mimi Whitefield writes in The Miami Herald about the first year in business for our canal. When the $5.5 billion expansion of the Panama Canal opened on June 26, 2016, dignitaries from around the world and 25,000 Panamanians lined the banks of the canal. But on the first anniversary, it was pretty much […]
As part of Denver Sister Cities International, Denver has now become a friendship city to Panama City, Panama. A friendship city is temporary as opposed to a sister city which is a more permanent agreement. The mayors of the two cities — Denver mayor Michael B. Hancock and José Isabel Blandón, mayor of Panama […]
It has been announced that as of November 15, the Panamanian airline will start operating four frequencies per week to the city of Mendoza, in Argentina. In a statement issued by the company, it was stressed that this will be the fourth destination that the airline will operate in Argentina. It currently offers flights to Buenos Aires, Cordoba and Rosario. […]
Citing the country’s progress in international cooperation in the fiscal area, the OECD has announced that it will not include Panama in the list of non-cooperating countries. The decision was based on the progress made by Panama in the adaptation of its legislative framework, the expansion of partners for the exchange of tax information and the work […]
Criminal charges against Brazilian President Michel Temer are the latest blow to a reform agenda designed to jump start Latin America’s largest economy, as the nation’s capital prepares for another drawn out political showdown. Chief public prosecutor Rodrigo Janot on Monday night pressed corruption charges against Temer in an unprecedented development that may put the […]
A year after inaugurating the expanded Panama Canal, Panama is looking to consolidate its role as the “logistics hub of the Americas” with more infrastructure projects, said the waterway’s top official on Monday. In marking the first anniversary of expansion of Panama Canal at a ceremony on Monday, the CEO of the Panama Canal […]
In a 13-hectare site in the province of Colón, Panama, a logisticspark consisting of 5 buildings measuring 5,000 square meters each will be built. According to the interactive platform “Construction in Central America” complied by the business Intelligence Unit at CentralAmericaData, Colon Container Terminal, S.A. submitted an Environmental Impact Study (EIA) to build a logistic park in Coco Solo, Corregimiento […]
Income from solar power generation would be used to provide additional funds for two social security programs endangered by the Fund’s precarious financial situation. “My proposal of self disposal for the Caja de Seguro Social (CSS) in my presentation was: solar panels to finance the risk of the IVM and EM programs.” This […]