In Panama, the owners of Grupo Rey agreed to sell 60% of the shares to Ecuador’s Corporacion Favorita, a transaction that could cost $273 million. The Share Acquisition Public Offer (OPA) launched by Corporacion Favorita was established at $8.58 per share, in which the Ecuadorian group committed to purchase 60% of the issued shares, for […]
Coffee is still the main agricultural product sold abroad, with annual exports of around $3,035 million, followed by bananas, with $2,574 million and sugar, with $1,241 million. During the last year, the main coffee export destinations were the U.S., Germany, Belgium, Japan and Canada, which together account for 73% of total sales in the region. […]
Chinese phytosanitary experts visited pineapple export plantations in the western province of Chiriqui, on the border of Panama with Costa Rica, to visit the production areas of this tropical fruit and to meet with agricultural exporters of this item, an official source reported today. The delegation visited the farms of Dolce Pineapple, in Veladero […]
A Panamanian company signed a memorandum of understanding with one of the largest fruit importers in China and is making its way into the Asian market, stated the Ministry of Agricultural Development of Panama. The Panamanian company Simply Natural Harvest, signed an agreement with a Chinese importer on the second day of the first China […]
Shanghai Party Secretary Li Qiang met Juan Carlos Varela, president of Panama, and his delegation on Thursday. Li welcomed his guests to visit Shanghai again and said President Varela’s attendance at the China International Import Expo and his unveiling of Panama companies’ exhibitions showed the great importance Panama has attached to the Sino-Panama relations. The […]
By now it’s no secret that Panama offers endless opportunities for adventure. The list of pulse-pounding land- and sea-based activities available to visitors seemingly goes on forever, but one of the most popular is snorkeling. After all, it’s relatively easy to do but also extremely rewarding. The diverse marine life in Panama, as well as […]
In the last year, Costa Rica significantly improved its level of English language proficiency, while the rest of Central America made no significant progress. The global English language company Education First published its 2018 report, which defines five levels of language proficiency in 88 countries around the world by calculating an index called “English Proficiency […]
This is a great article from our neighbors at The Costa Rica News. We are currently living in an age where we are bombarded with information. It comes in all forms on a variety of subjects, none more so than our health and the kinds of food that we should and shouldn’t be eating. Extensively […]
I watch this video with amazement not only with the continued growth and an additional $ 10 billion in new projects coming on line but with the knowledge that watching my giant Mango tree outside my window is much more peaceful! It is a good illustration of how much concrete man can cram into an […]
In Panama, the transfer of the National Oncology Institute to the Ciudad de la Salud project facilities was approved, and the construction will require a $300 million investment. From the press release of the Presidency of Panama: The Cabinet Council approved the transfer of the National Oncology Institute (ION) to the Ciudad de la Salud […]