Photo Credit Charlie McElroy Our world class metro continues to expand with the Line 1 phase contract awarded. The Panama North Line Consortium was awarded the contract for the design and construction of the works to extend Line 1 of the Metro to Villa Zaíta. On July 23, the resolution of the tender was published in the […]
Six new sloths joined the Indianapolis Zoo! The sloths came from APPC (Panamerican Conservation Association), a wildlife rescue center and sloth sanctuary in Panama. Meagan Keen, area manager, was sent to Panama to work with the team at APPC and travel with the sloths from Panama to the United States. According to a spokesperson for […]
Jeremy Repanich with Robb Report writes where Lamastus family’s Elida Estatete auctioned its beans for $1,029 per pound!! In what is becoming an annual tradition at the Best of Panama competition—an event where super-premium coffees are evaluated and auctioned—the world record for most expensive pound of coffee has been broken again. The Lamastus family’s Elida […]
These newly built homes have over 1,700 sf of area and consist of 2 bedrooms, each with a private bath as well as a half bath for guests. They are brand new and fully furnished and minutes from the pro-shop and restaurant. You will not find any new construction decorated like this, all major and […]
One of the most bearish economists covering Panama is none other than the nation’s new finance minister, who took office two weeks ago. The economy will grow a little less than 4% this year, according to Finance Minister Hector Alexander, a former student of Nobel Laureate Milton Friedman at the the University of Chicago. That […]
Panama on Saturday became the first Central American nation to ban single-use plastic bags to try to curb pollution on its beaches and help tackle what the United Nations has identified as one of the world’s biggest environmental challenges. The isthmus nation of roughly 4 million people joined more than 60 other countries that have […]
For the business sector, the issuance of $2 billion in bonds by the government is positive, since “it allowed the country to quote, for the first time in history, a bond for more than 20 years with an interest rate below 4%. On July 17, the Panamanian government was able to issue bonds for $1.25 […]
The Panamanian National Border Service (SENAFRONT, in Spanish) and the Armed Forces of Colombia updated and evaluated their security operations in the fight against organized crime. The XV Panama-Colombia Regional Border Commanders Meeting took place April 23-26, 2019, in Panama City. “This cooperation strengthens our capabilities to counter organized crime with a common approach, a […]
Panama is so much more than the canal. From a downtown area of glittering high-rises — virtually all new since the country regained control of the famous waterway in 1999 — to beautiful rainforest just 20 minutes outside the city limits, there’s a lot to explore here, whether over a long weekend or on an […]
The government informed that in San Miguelilto it is projected to invest $39 million in the implementation of a digital free trade zone, which is expected to install computer technology companies and centers of higher and technical studies. Authorities of the Ministry of Commerce and Industries (Mici) said that in a first stage, the private […]