Panama Risks Becoming a Broken Link in an Intercontinental Wildlife Route


News from Panama

Jaguar is one of the large mammals that are under stress because the Central American wildlife corridor has become fragmented. Credit: Eduardo Estrada, Wildlife and Conservation Photographer. The expansion of human populations has left animals such as white-lipped peccaries, jaguars, giant anteaters, white-tailed deer and tapirs isolated throughout Panama, a study recently published in Conservation […]

August 21, 2019

Panama Testing Electric Bus


News from Panama

It will circulate on different routes in the city and on the corridors for a six-month trial period while functionality and performance will be evaluated. The bus will change routes every three weeks. The first will be the C640 Panama Viejo – Albrook and when boarding, users must validate their card, at the current rate […]

August 21, 2019

Cement: Plant Expansion Planned


News from Panama

Cemento Argos Panama plans to invest about $168 million in the construction of an industrial complex that will serve for the production of Clinker, which will be located on the property of the company’s plant in the province of Colon. Argos Panamá, S.A. presented to the Ministry of Environment the Environmental Impact Study (EIA) to […]

August 21, 2019

France, Panama to launch bilateral body to fight tax evasion


News from Panama

France and Panama have signed a bilateral agreement in Panama City to create a group designed to curb tax fraud, announced Gérald Darmanin, French minister of public accounts. The move comes years after Panama was blacklisted amid the Panama Papers tax evasion scandal. “With Panama’s Minister of Economy and Finance, Hector Alexander, we signed a memorandum to bring […]

August 21, 2019

Fitch Ratings Affirms Panama Canal’s ‘A’ Rating with a Stable Outlook


News from Panama

“Fitch Ratings reaffirming the Panama Canal’s rating for a fourth consecutive year is proof of the waterway’s financial and competitive strength,” said Panama Canal’s Vice President for Finance, Francisco J. Miguez. “This is the direct result of our commitment to maintain profitable operations, while providing customers with a safe, efficient, and reliable service to meet […]

August 21, 2019

$99 Million Electrical Works Tender Postponed


News from Panama

November 7, 2019 is the new date for the receipt of tenders in the tender for the construction of the 230 Kv Sabanitas – Panama III Transmission Line and associated substations. The initial date for receipt of tenders was August 6, but because some companies interested in submitting proposals asked for the extension of the […]

August 13, 2019

New Panama boss Gallego sets World Cup target


News from Panama

Veteran Argentine manager America Gallego vowed Tuesday to steer Panama to the 2022 FIFA World Cup in Qatar by playing attacking football. Gallego signed a three-year contract with Panamanian football association last week, replacing interim manager Dely Valdes. “I have no doubt that we are going to qualify for the World Cup,” the 64-year-old said […]

August 13, 2019

Construction: Optimism for PPP Regulation


News from Panama

With the proposed regulatory framework for Public-Private Partnerships in Panama, construction businessmen hope to ensure that the projects conclude with the required parameters and that the processes are transparent. At the end of July, the Ministry of Finance presented a bill to modify the law regulating public contracting, which has among its objectives to take […]

August 13, 2019