On Wednesday Dec. 12, Japanese cryptocurrency exchange Bitpoint announced the launch of a crypto-to-fiat trading platform in Panama. The regulatory-compliant exchange will offer USD pairs with top cryptocurrencies like bitcoin cash, ethereum, bitcoin core, litecoin, and ripple. Bitpoint is a licensed cryptocurrency exchange operator headquartered in Tokyo that has just announced the company’s first international […]

Pre-Commissioning Unit (PCU) Michael Monsoor (DDG 1001) welcomed the president of Panama, Juan Carlos Varela, during a reception held aboard the ship in Panama City, Panama, Nov. 29. Charge d’Affaires of the U.S. Embassy in Panama, Mrs. Roxanne Cabral, was also in attendance, as well as numerous Panamanian government and military officials. While addressing the […]

At least every other day, the long arm of America’s counterterrorism effort reaches out and touches this essentially lawless, smuggler-ridden town on the Panama-Costa Rica border According to an agreement between Panama and Costa Rica, busloads of northward-moving migrants that American homeland security authorities know as “special interest aliens” arrive at the Costa Rica immigration […]

Banco Centroamericano de Integración Económica signed a loan contract with the FCC Consortium to finance the six-lane extension of the beach corridor in Panama, Section I: La Chorrera-Santa Cruz. The project “Expansion to six lanes, Las Playas Corridor, Section 1: La Chorrera-Santa Cruz, which has an approximate length of 36.3 kilometers, and begins at the […]

The workers of the Panama Customs Precincts and the Colon Free Zone have suspended work since December 6th and could extend the strike for at least one more day. The strike carried out by officials of the National Customs Authority (ANA) began on December 6th, claiming the payment of a Christmas bonus, salary adjustments and […]

January 30, 2019 is the new date to submit proposals for the design and construction tender for the extension of Metro Line 1 to Villa Zaita. The Metro de Panamá, S.A. carried out the third addendum to the tender specifications for the project, which includes design engineering services, construction of civil works, auxiliary line installations […]

In Panama, the executive authorized a credit line of up to $50 million for the state-owned Etesa to finance investments contemplated in the electric expansion plan. The approval for the Empresa de Transmisión Eléctrica, S.A. (Etesa) to subscribe a line of credit with Banco General, will allow the state company to partially finance maintenance works […]

The Panama Canal Authority said on Wednesday that an arbitration tribunal has ordered the construction consortium behind the waterway’s expansion to pay back nearly US$848 million (672.43 million pounds) to the canal authority. The ruling from the Miami-based tribunal, part of the International Chamber of Commerce, stems from a protracted dispute between the authority and […]

XCMG, China’s leading construction machinery manufacturer, has concluded a successful trip to the 2018 China (Panama) Commercial Exhibition in Altapa, Panama, the largest economic and trade exhibition China has hosted in Panama since the two countries established diplomatic relations in 2017. Juan Carlos Varela, President of Panama, was briefed on XCMG’s strategic international layout and […]

City frogs and rainforest frogs don’t sing the same tune, researchers say. A study released Monday examined why Panama’s tiny tungara frogs adapt their mating calls in urban areas – an unexpected example of how animals change communication strategies when cities encroach on forests. These frogs take advantage of the relative absence of eavesdropping predators […]