The government is negotiating four loans totaling $245 million for social investment projects with three multilateral lenders. In the Quarterly Report: Situation, evolution and risk of public financing in Panama“, four loans with three entities are under negotiation: $50 million with the European Investment Bank, $70 million with the CABEI, and another two for $125 million […]
As reported in Reuters, Panama’s government will send a delegation of senior security and trade officials to China for talks beginning on Tuesday, the first such diplomatic mission since the two nations established relations nearly two months ago. Panama’s envoys will meet Chinese Public Security Minister Guo Shengkun, besides top Beijing security and migration officials, […]
The dismantling of 14 organizations dedicated to human trafficking this year has allowed to rescue about 150 victims in the country, the Ministry of Security (MINSEG) of Panama informed. Sexual and labor exploitation, and human organ trafficking, are the most common crimes found in those operations, although the former is the majority, Rodrigo Garcia, […]
Jan de Nul and China Harbour Engineering Co. (CHEC) have won a contract worth $165 million to design and build a new cruise terminal on Panama City’s Amador Causeway. The firms’ joint venture, Cruceros del Pacifico, will complete the terminal within two years, according to industry media. The Panama Maritime Authority (AMP) envisions the new […]
Travelers who want to transit the lakes and locks of the Panama Canal will have eight Holland America Line ships and 19 cruises to choose from between fall 2017 through spring 2018. In addition to the full transits, ms Zuiderdam will offer two Southern Caribbean & Panama Canal Sunfarer itineraries that feature a partial […]
Like a lot of other expats, Susie and I chose to live in a small town in Panama rather than the City. The joy of riding down main street calling out to friends on a first name basis, both foreigners and Panamanians alike, is something you can tell people about but you need to be […]
Susie and I were in Panama City last week getting her Panama ID card and we decided to stay over night in Casco. Our choice was to stay at The American Trade Hotel. A TripAdvisor writer described this place best. “Stunning is the wrong word for the grace and beauty of this hotel. Sitting in […]
Venezuela Vice President Tareck El Aissami is much wealthier than senior United States officials originally thought, according to once inside source who spoke with EFE. It turns out that El Aissami has hundreds of millions of dollars in assets. US officials confirmed the amount after freezing El Aissami’s assets as part of sanctions levied against him for […]
The United States has canceled the visa of Colombian Senator Bernardo Miguel “Ñoño” Elías, a member of the country’s incumbent “U” party led by President Juan Manuel Santos.Officials reportedly canceled the visa due to his alleged links to the Odebrecht corruption case. The scandal has swept across Latin America, as investors continue to uncover that the Brazil-based construction company bribed […]
Karina Martin reports in the PanAmPost where Bolivian President Evo Morales admitted this week that he knows Rómer Gutiérrez, a member of his party Movement for Socialism who was detained in Brazil after officials found him with almost 100 kilos of cocaine. “I have seen, and I know (Rómer Guitérrez),” Morales said, but clarified he does not know about […]