$660 million will be invested to extend Line 2 up to El Dorado mall and extend by 2.2 kilometers Line 1 to Villa Zaíta, in the town of Las Cumbres. Among the advances made by Metro de Panama since the intention to extend the lines was announced in January 2016 is the preliminary design of […]
Expanding moorings in Gamboa on the Atlantic side, continuing construction of the third bridge over the canal, and building another on the mouth of the Chagres River are some of the works planned for 2017. The Panama Canal Authority (ACP by its initials in Spanish) will have a budget of $2.8 billion to manage in […]
Here is a great article by Michael Gerrity at World Property Journal on the report from STR. According to STR, hotels in the Central and South America regions recorded mixed results in the three key performance metrics when reported in U.S. dollar constant currency during July 2016. Compared with July 2015, the Central/South America region […]
From August 26 to September 30 eight properties will be auctioned, including one in Albrook and another in Davis, with starting prices of $1.4 million and $3.2 million respectively. The auction of Lot AL02-40, located in Albrook and which has a total of 4,456 square meters is scheduled for August 26, and the starting value […]
Legendary Panamanian singer-songwriter, Ruben Blades, who is hailed as one of the most important Latin American voices of his time, will perform one of his last Salsa music concerts this weekend in Coral Gables. But for the 68-year-old composer, the performance — part of his farewell tour, “Walking, goodbye and thank you” — is not […]
Last Sunday we joined a number of friends at one of the best brunches I have had here in Boquete. My friend Mark Heyer did the honors with some creative pan shots. As advertised, they delivered big time! Gourmet Buffet Internationally inspired: Asian Appetizers, Panama Peppers, Graved Salmon Alaska Style, French Pate, German Pork Roast, […]
Panama’s government has revealed assets held by its banking system had grown by over $4bn (£3.1bn) in the first half of the year alone, as the country continues to work towards more transparency in its financial services sector. Total assets held within the National Banking System reached $99.6bn by the end of the first half […]
Edgar Ramirez found the role of Panamanian boxing legend Roberto Duran a life-changing one. Friday’s “Hands of Stone” chronicles the incredible saga of the welterweight champ, rated among the greatest boxers of all time, who, thanks to his trainer Ray Arcel (Robert De Niro), defeated Sugar Ray Leonard (Usher Raymond) for the championship. Nicknamed “hands […]
As it nudged its way out of the Lago de Miraflores and into the lush green heart of Panama on Thursday, the Aegean Unity, a Greek-flagged supertanker, must have looked an ordinary enough sight to the casual observer. However, the passage of the vessel, carrying a cargo of 700,000 barrels of Ecuadorean crude oil into […]
An environmental impact study has been submitted for construction of a mixed-use building complex in the former Howard base, in Panama Pacific. The Environmental Impact Assessment (EIA) was submitted by London & Regional Panama S.A. to the Ministry of Environment in Panama in June 2016, as revealed by the report entitled “Construction Projects in Central America” compiled […]