Barney Brantingham of Independent News revists Panama after decades to find huge changes to the City. When I first laid eyes on Panama City many decades ago, it was basically a sleepy, low-profile town. Its only claim to fame was the famed canal. Today, it’s the skyscraper boom town of the hemisphere, boasting a skyline of […]
In 2016 the GDP of the industrial sector shrank by almost 3%, affected by a 12% drop in sugar production and 11% in beverage production. In the last two years, the contribution of the industrial sector to the economy has shrunk by $80 million, according to estimates made by entrepreneurs who are members of the […]
The Civil Aviation Authority will hire an international company to develop a new map of air routes, which will be implemented in 2019. The Civil Aviation Authority (CAA by its initials in Spanish) plans to hire an international company with experience in the field to validate a new route map that the institution plans to […]
We have got to do this folks, it is a huge drawing card for Panama. The Tourism Authority is considering redeploying the benefit of free insurance for medical expenses for visitors, but adjusting the scope and term of the coverage. Authorities are assessing the changes that would be needed in order to implement the free […]
I have got to do this next year! The Celebrity Edge Reveal – YouTube A revolution sets sail 2018.
The Akamai report for the fourth quarter of 2016, notes that compared to the previous quarter, there was an increase of 10% on the average internet connection speed in Panama and a reduction of 1.2% in Costa Rica. Although average internet access speed (IPv4) remains very low compared to other Latin American countries and other regions, the “Akamai State of […]
Edwin Lopez in SupplyChainDIVE reports on further improvements to the new Panama Canal. The Panama Canal will be employing a new platform by Quintiq, a Dassault Systèmes brand, to better manage vessel scheduling and maritime resources, the Panama Canal Authority announced Wednesday. The new system will help managed increased traffic to North American ports by reducing vessel […]
Mr. Gluski shares his thoughts on what other regions in the world can learn about Latin America, as well as the most difficult decisions a CEO has to make.
$320 million is the value of investments in hotel projects in the touristic development pole Gulf of Papagayo that have failed to start due to lack of water. Unable to present a letter of guarantee of water resources, 11 tourism development projects planned for the Gulf of Papagayo in Guanacaste, have failed to start. Lack of […]
Banks based in Panama managed a record level of assets last year — USD 121 billion — despite fallout from the “Panama Papers” scandal, an industry body in the Central American country has said. The International Banking Center, which represents Panamanian and foreign banks, yesterday said members’ assets “reached the record level of USD 121.075 […]