Expanding to $150.000 the range of homes with preferential interest and guaranteeing real estate leasing are two of the changes that could boost a recovery of activity in Panama. Construction in the country has reported a downward trend in recent years, however, representatives of the Panamanian Chamber of Construction (CAPAC) expect that with the arrival […]
After having stopped the process because of an action proposed by one of the participating consortiums, the authorities decided to lift the suspension of the tender for the design and construction of the branch that will connect the future ITSE with the international airport of Tocumen. The tender was suspended at the beginning of November […]
The latest round of rebates for transiting LNG vessels in the Suez Canal is set to boost traffic as the rival waterways compete for traffic ahead of an upsurge in LNG exports as US production rapidly increases. The Suez Canal’s new discount on tolls, now in effect for six weeks, offers a hefty 65% cut […]
On February 14th and 15th, representatives of banks, international financial institutions and risk rating agencies will meet in Panama City to discuss issues related to the sector. The event called “International Banking Congress for Regulators & Bankers,” will be organized by the Superintendence of Banks of Panama (SBP) and seeks to address issues such as […]
Producing articles with avocado and corn seed resin, and products with additives that allow the decomposition of plastic in less time, are some of the strategies proposed by the sector to overcome the obstacles faced in the region. As in the rest of the world, there have been several attempts in Central America to ban […]
Mia Taylor at Travel Pulse reports that The Buenaventura Golf & Beach Resort in Panama debuted a new Coffee Corner and specialty craft beer bar where guests and groups are invited to savor the country’s finest exports. Featuring locally-sourced Panamanian coffee and local beer, the Buenaventura continues to be a leading destination authority resort by […]
With the purpose of diversifying its income and attracting more visitors, the authorities of the Panama Canal plan to develop new tourist attractions during the next five years. Representatives of the Panama Canal Authority (ACP) informed that after the Canadian firm Forrs conducted a study to identify the attractions that could be developed, it was […]
Some 26 Chinese companies, among them seven of the 500 most important in the world, are meeting Sunday at the capital”s Atlapa Convention Center, as part of a trade exhibition. ‘The main idea of this exhibition is to establish business ties between Panamanian and Chinese businessmen, and that Panama is the opening platform for […]
The Amador peninsula separates the concrete and glass skyline of Panama City from the soaring iron arch of the Bridge of the Americas – under which 40 cargo ships pass each day en route to or from the Panama Canal. This strategic outcrop is home to a handful of derelict buildings once used to house […]
This week we made history with the first visit to Panama of a Chinese President and it went very well. Here is the full text of an article signed by President Xi called “Working Together for a Shared Future” Working Together for a Shared Future Xi Jinping President of the People’s Republic of China I will […]