In the first six months of 2018, companies in the region imported $209 million in motorcycles, 20% more than in the same period in 2017. Central American Market Increases Between the first half of 2017 and the same period in 2018, the value imported into the region increased slightly by 20%, from $175 million to […]
Panama is a thin strip of land whose creation kick-started one of the most significant geological events in the past 60 million years. Yet for scientists the exact process by which the Isthmus of Panama came into being still remains largely contentious. In a new study published today in the journal Scientific Reports, scientists from […]
In Panama, bank credit for power generation projects grew 39% by November 2018, and the increase was mainly due to loans for clean energy projects. According to the latest report of the Superintendence of Banks, in November last year the portfolio of loans granted to the country’s industrial sector totaled $3.309 million, equivalent to a […]
Liberty Latin America plans to establish a new operations center in Panama City, from where it will coordinate the company’s activities at the Latin American level. The company reported they selected Panama because they plan to take advantage of its economic stability, its profile as a logistics hub in the region and its great physical […]
CAF Development Bank of Latin America said it has granted a $125m loan for Panama’s finance ministry to fund an education program to provide English lessons in public schools. The government started the Panamá Bilingüe program in 2014. The initiative taught English to more than 130,000 students and trained more than 3,000 teachers in 2018, […]
Consistent with the downward trend reported in 2017, during 2018 50,889 new vehicles were registered in Panama, 11% less than the previous year. The most recent data from the General Comptroller’s Office of the Republic, detail that in 2018 17,524 new automobile type vehicles were registered, 19% less than the 21,590 units registered in 2017. […]
On a 9-hectare site in the district of Arraijan, in the province of Panama Oeste, a residential development of 321 homes is planned, which will have between two and three bedrooms. According to the interactive information system “Construction in Central America” of CentralAmericaData, Desarrollo Loma Bonita, S.A. presented the Environmental Impact Study to the Panamanian […]
Switzerland’s Locarno Festival has announced that the Intl. Film Festival of Panama will become its fourth and final festival partner in Latin America. “The impact the Locarno Industry Academy will have on professionals of the region is ineffable,” said Panama Festival director Pituka Ortega Heilbron. “Attention is being paid to an industry and an audience […]
Gonzalo T. Palacios, Kensington pens a letter to the editor at The Washington Post. The Feb. 7 editorial “The way forward on Venezuela” told it as it is. “In December 1989, Panama was invaded. Dictator Manuel Antonio Noriega’s capture cost thousands of lives, including those of 23 U.S. service members. Venezuelan President Nicolás Maduro is not […]
When Susie and I moved to Boquete in 2007, we chose Valle Escondido as my Mom and Son were with us and we bought a place that gave us each some privacy and space. Not to mention the beautiful views and the ambiance. Over the years, I got to know our market in Boquete well […]