“Fitch Ratings reaffirming the Panama Canal’s rating for a fourth consecutive year is proof of the waterway’s financial and competitive strength,” said Panama Canal’s Vice President for Finance, Francisco J. Miguez. “This is the direct result of our commitment to maintain profitable operations, while providing customers with a safe, efficient, and reliable service to meet […]
After traveling more than 3500 miles (5600 km), SpaceX autonomous spaceport drone ship (ASDS) Just Read The Instructions (JRTI) began its eastbound transit of the Panama Canal on August 18th, placing the vessel roughly two-thirds of the way to its unknown destination. As previously discussed on Teslarati, JRTI’s move came as a bit of a […]
November 7, 2019 is the new date for the receipt of tenders in the tender for the construction of the 230 Kv Sabanitas – Panama III Transmission Line and associated substations. The initial date for receipt of tenders was August 6, but because some companies interested in submitting proposals asked for the extension of the […]
The government announced that in the next few days it plans to make outstanding payments of $14 million to producers of basic grains and Grade C milk, and also that some $25 million will be invested in sector programs. In rice, $9.7 million will be disbursed to 143 producers, in grade C milk more than […]
Veteran Argentine manager America Gallego vowed Tuesday to steer Panama to the 2022 FIFA World Cup in Qatar by playing attacking football. Gallego signed a three-year contract with Panamanian football association last week, replacing interim manager Dely Valdes. “I have no doubt that we are going to qualify for the World Cup,” the 64-year-old said […]
With the proposed regulatory framework for Public-Private Partnerships in Panama, construction businessmen hope to ensure that the projects conclude with the required parameters and that the processes are transparent. At the end of July, the Ministry of Finance presented a bill to modify the law regulating public contracting, which has among its objectives to take […]
NanoFuse Biologics is launching its biologic in Panama City, Panama, through a partnership with medical distributor PTY Medical Group. Three things to know: 1. Over 40 orthopedic and spine surgeons will attend the event on Aug. 8 to learn about the new biologic. 2. NanoFUSE Biologics is a bioactive glass designed for use in combination […]
President Trump issued an executive order on Monday imposing a new round of economic sanctions on the Venezuelan government. The action sends a clear message to Venezuela’s top military brass — the regime’s chief pillar of support. The United States will not be satisfied until President Nicolás Maduro is ousted, and Venezuela is on a […]
Question Concerning Panama’s ban on polyethylene shopping bags that recently became effective, is the legislation enforced at the store or customs level? Also, what type of bags are included in the ban? Answer Panama Decree Law 1, which was published in the Official Gazette on January 19, 2018, bans the use of polyethylene bags by […]
At a time when the country is grappling with the challenges of maintaining water supplies for the operation of the Canal and supplying a growing population, while faced with extended droughts, over, 1000 delegates will attend the 2019 World Hydraulics Congress in Panama from September 1 to 6 with water security and resilience as the […]