$45 million Logistics Park


News from Panama

In a 13-hectare site in the province of Colón, Panama, a logisticspark consisting of 5 buildings measuring 5,000 square meters each will be built. According to the interactive platform “Construction in Central America” complied by the business Intelligence Unit at CentralAmericaData, Colon Container Terminal, S.A. submitted an Environmental Impact Study (EIA) to build a logistic park in Coco Solo, Corregimiento […]

June 28, 2017

Panama’s Social Security Fund seeks to invest in solar


News from Panama

  Income from solar power generation would be used to provide additional funds for two social security programs endangered by the Fund’s precarious financial situation.   “My proposal of self disposal for the Caja de Seguro Social (CSS) in my presentation was: solar panels to finance the risk of the IVM and EM programs.” This […]

June 28, 2017

Fatburger, Buffalo’s Express arrives in Panama


News from Panama

  Hollywood burger chain Fatburger and sister brand Buffalo’s Express are now available to Panamanian consumers as the brand has launched its first location in Latin America. “Opening in Panama is a tremendous opportunity for our brand as we have the ability to serve our great products and become a part of the surrounding communities,” […]

June 28, 2017

Expanded Panama Canal Operational for a Year


News from Panama

Monday June 26 was the first anniversary of the inauguration of the Expanded Panama Canal. In its first year of operation, over 1,500 Neopanamax vessels have transited the new locks. Container ships represent approximately 46.8 percent of traffic through the Expanded Canal, and the Panama Canal Authority has welcomed 15 new liner services. On May […]

June 28, 2017

The Best Social Expense: Education and Health


News from Panama

For every dollar invested in health and education, three need to be spent on direct social assistance in order to achieve the same effect on poverty reduction. The report “Impact of Public Expenditure on Poverty Reduction and Inequality” by the Nicaraguan Foundation for Economic and Social Development (FUNIDES) has similar conclusions to similar studies carried out in other […]

June 28, 2017