Fitch Ratings has assigned the expected rating of ‘BBB+(EXP)’ to the fixed-rate senior secured notes of ENA Master Trust (the Issuer) for up to USD400 million due in 2048. The Rating Outlook is Negative. Fitch also assigned expected rating of ‘bbb+(exp)’ to the Standalone Credit Profile (SCP) of the transaction. RATING RATIONALE The ratings reflect […]
Because of the rains generated in Central American countries by Hurricane Eta, authorities warn that coffee plantations could be threatened by the spread of pests or diseases. The Ministry of Agriculture and Livestock (MAG) of El Salvador issued recommendations for coffee growers to avoid the spread of diseases on their farms, such as rust fungus and anthracnose. You may be […]
According to estimates, Panamanian consumers are now more likely to buy from establishments close to where they live than they were a year ago. According to a survey conducted by the credit card company Mastercard, in the current business scenario that emerged in an accelerated manner due to the covid-19 outbreak, 85% of buyers in Panama are focused on spending money […]
MercadoLibre Inc MELI.O, Latin America’s top e-commerce firm, reported better-than-expected third-quarter revenue and profit on Wednesday, helped by a surge in online shopping and digital payment transactions during the COVID-19 pandemic. The company’s U.S.-listed shares, which have surged over two-fold this year, were up nearly 3% in extended trading. The company, whose market capitalization has doubled […]
In Panama, tenders have been invited for the rehabilitation, maintenance and improvement of 71 multi-family housing buildings, located in the district of Barrio Norte and Cristobal Este, in the district of Colon. “The Contractor shall supply all labor, management, materials, energy, lighting, fuel, water, tools, instruments, equipment, supplies and other means of construction necessary or appropriate for the execution and completion […]
Central America power interconnection commission CRIE has authorized Panama wind farm Toabré to connect to the regional transmission grid (RTR). The authorization is for the 66MW first phase of the 110MW project which belongs to developer Parque Eólico Toabré. CRIE said that the proposed connection fulfills all technical, legal, and environmental requirements, and does not put RTR’s stability at risk. […]
Watch the video here Green investment in agroforestry is helping restore Panama’s forests, and the country’s famous canal could benefit, too. Project goal: To restore 1,450 hectares (3,580 acres) of degraded farmland on Panama’s Caribbean coast through agroforestry, making the soil resilient to erosion and helping it retain scarce water Project duration: The 1,450 Finca Cuango property will contribute […]
Panama’s President Laurentino Cortizo has began self-isolating after a close coworker tested positive for the coronavirus, the presidency said on Monday, without revealing the name or position of the person who was infected. Cortizo has taken two coronavirus tests, which were both negative, but will continue isolating “until he repeats the tests in a few […]
Welcome to Panama From jungles to beaches, skyscrapers to colonial villages, the Atlantic to the Pacific, Panama never ceases to impress. Find out why this nation of just over four million people has become one of Central America’s hottest destinations on this virtual tour. Photo courtesy of Panama Tourism Authority (ATP) Panama City Panama City, […]
Este hermoso condominio está ubicado en Los Molinos y tiene una de las mejores vistas. Numerosas ventanas aseguran mucha luz natural. Consta de más de 1.300 pies cuadrados y tiene una suite principal con baño en suite y un dormitorio de invitados junto con un baño de invitados. El vestíbulo es espacioso y bien decorado. […]