Avi Mizrahi at Finance Magnates writes of the new crypto currency being traded in Panama Crypto Capital, holders of an international money transmitter license, provide a bridge for regulated Dash to fiat conversion. Dash, the privacy-focused cryptocurrency, is now live on Panamanian broker and cryptocurrency wallet Coinapult, allowing users to trade it against twenty national currencies. Furthermore, Coinapult’s […]
In the first quarter, 14,230 new vehicles were registered, 11% less than the 16 thousand registered in the same period last year. Figures compiled by the Office of the Comptroller General of the Republic indicate that in March there were 5,462 new vehicles, distributed as follows: 2,075 are automobiles, 219 are luxury cars, 1,853 are […]
The formation of new container shipping alliances and their new mix of vessel sharing agreements could have either positive or negative impact on the number of vessel transits through the Panama Canal, though signs are pointing more toward the positive, according to Jorge Quijano, ceo of Panama Canal Authority. Quijano admitted that there are […]
The Republic of Panama (“Panama“) announced today the commencement of a global offering (the “New Bonds Offering“) of its global bonds to be denominated in U.S. Dollars, due 2028 (the “2028 New Bonds“) and due 2047 (the “2047 New Bonds” and together with the 2028 New Bonds, the “New Bonds“). The New Bonds offered […]
At the end of the first quarter, the value of new constructions, additions and repairs amounted to $567 million, 10% more than in the same period in 2016. The value of new construction, additions and repairs recorded in March was $235 million, up from $165 million in March 2016. See also: “What public infrastructure works […]
<p><img src=”http://piwik.prensa-latina.cu/piwik.php?idsite=3″ style=”border:0″ alt=”” /></p> Panamanian meteorologists predicted that there were 50 percent of probabilities that the atmospheric phenomenon El Niño returns to Panama by the end of June or in early August, causing a disaster in agriculture. Such prediction triggered alarms in the sector, because if it is right, the aforementioned phenomenon will cause […]
Anna Hirtenstein writes for Bloomberg about this great idea — At a garbage dump about 80 miles west of London, Adrian Griffiths is testing an invention he’s confident will save the world’s oceans from choking in plastic waste. And earn him millions. His machine, about the size of a tennis court, churns all sorts of petroleum-based products […]
The Panama Canal Authority insists on the great commercial potential a port in Corozal Oeste would have, and announced that it will be re-evaluating alternatives to develop it. From a statement issued by the Canal Authority: The Board of Directors of the Panama Canal Authority (ACP) has authorized the Canal Administration to carry out the […]
Successful Aero Expo Panama Pacifico Proves Business Aviation Growth in Latin America. A successful second annual event is in the books for the Aero Expo Panama Pacifico (AEPP). The expo was larger than its premier in 2016 and enjoyed a 20 percent increase in attendees and 32 exhibitors representing 15 countries. Eight static aircraft were […]