The Varela administration’s budget for next year includes $4.032 billion for the City of Health and new polyclinics, Metro Lines 2 and 3, and construction of road works. The budget presented by the Ministry of Economy and Finance in Panama includes several items for public investment projects, which together amount to just over $4 billion, […]
I started drinking this in Argentina and it has become a regular afternoon delight! There are some Argentine customs we wish we could incorporate into our daily routine—midnight steak dinners followed by five hours of dancing? If only. But yerba mate, the national drink of Argentina, is something we can definitely get on board with. […]
Price of a gallon of regular gasoline: Costa Rica $4.34, Nicaragua $3.95, Honduras $3.78, El Salvador $3.52, Guatemala $3.50 and Panama $3.24. From a report by the Ministry of Economy of El Salvador: August 13, 2018. The trends that have led to fuel prices experiencing highs and lows are due to fears about trade disputes between […]
Following a controversy caused by statements made by the Attorney General of the Nation, the Panamanian business sector is demanding that a thorough investigation be carried out, asserting that things are moving “dangerously towards the exhaustion of any principle of legality”. From a statement issued by the Chamber of Commerce, Industries and Agriculture of Panama […]
The farmers’ association reports that the annual per capita consumption of boneless beef has fallen from 13.6 kilos to 13.3 kilos. The National Association of Cattle Ranchers (Anagan) states that the reduction, although slight, is due to a fall in local production and an increase in imports, which may have generated an imbalance in the […]
The Asian country has authorized 64 Panamanian tour operators, meaning that starting on August 15, they will start offering group travel services to Chinese tourists travelling to Panama. The administrator of the Tourism Authority of Panama (ATP), Gustavo Him, stated that group trips of Chinese tourists traveling to Panama, will be carried out in common […]
Between January and July 2018 the commercial activity of the free trade zone in Panama generated $12.618 billion, growing 8% over the same period last year. The administration of the Colon Free Zone (ZLC) reported that ” … the cumulative amount of the first seven months of 2018 was higher than the $11.643.3 billion in the […]
A US company has submitted an environmental impact study to build an international airport in Limón, Costa Rica, which will have a 4-kilometer runway, an 18,000 square meter passenger terminal and a 30,000 square meter warehouse. The firm Mel Group ELM SA, which already presented a proposal to finance the development of the project in […]
Panama will sign an agreement with the U.S. Treasury and Energy departments aimed at paving the way for more private investment to expand the importation and distribution of U.S. liquefied natural gas in Latin America. David Malpass, Treasury undersecretary for international affairs, said he hopes the “framework agreement” is the first of several with countries […]
NPR’s Lulu Garcia-Navarro asks Rosa Montezuma about being the first indigenous woman to be crowned Miss Panama. LULU GARCIA-NAVARRO, HOST: Panama is sending its first Indigenous woman ever to the Miss Universe contest. And in Latin America, where pageants are a big deal, that’s a big deal. Rosa Iveth Montezuma’s win as Miss Panama is […]