Republic of Panama executed its offering of $1.25 billion aggregate principal amount of 3.160% Global Bonds due 2030 and $750 million aggregate principal amount of 3.870% Global Bonds due 2060. The combined offering of US$2 billion aggregate principal amount of Global Bonds represents the largest single-day public offering of sovereign debt in Panama’s history. Citigroup […]

An eye-opening experience. That’s how University of Nebraska at Kearney students describe their recent medical outreach trip to Panama. Twenty-one members of the UNK chapter of Volunteers Around the World traveled to the Central American country to work in mobile medical clinics that provided free care and medication to more than 300 patients. “I think […]

A bill to modify the law that regulates public contracting was presented, which contemplates among its changes to benefit micro, small and medium enterprises, with smaller purchases at the national level. According to the Minister of Finance, the current regulation does not have mechanisms that allow price analysis, market investigations, citizen complaints, participation of civil […]

Building specialized docks for the auxiliary marine industry and increasing the capacity to deliver quickly by air are some of the challenges that Panama will face in the coming years. The Panamanian economy depends heavily on the logistics sector, but currently faces new challenges because of the increasing competition from other regional players who offer […]

Yaili, Aydili and Ceily walked down the street huddled under a single umbrella, having forgotten their other one at home. Although they are covered from the neck down and have applied plenty of sunscreen, the strength of the sun’s UV radiation was intense in Panama and penetrated the fabric of their clothing. The three girls […]

One of the approved technical standards establishes the chemical, physical, and performance requirements of general and specialty cements for both imported and locally produced products. Ministerial resolutions also include packaging, transportation, storage and use requirements. The standard can be purchased by the interested public at the Standards Information Center of the General Directorate of Standards […]

Changes in legislation restricting the use of disposable plastic containers and packaging force companies to look for other options, some of which could be up to five times more expensive. Although the ban will begin to apply twenty-four months after the law enters into force, companies are already beginning to analyze what the implications of […]

Dive Brief: Ocean carriers are calling on the Panama Canal Authority (PCA) to delay a change to its toll structure taking effect on Jan. 1, 2020, the same day as the International Maritime Organization’s (IMO) new sulfur regulations, according to a press release from the International Chamber of Shipping (ICS), the Asian Shipowners’ Association (ASA) […]

I promised myself I wouldn’t stare. As part of the Caravan tour to Panama, we were scheduled to visit the Embera tribe, a group of indigenous peoples where the women are naked from the waist up. I’m not sure whether I was disappointed or relieved to find them fully clothed–clearly dressed up for the tourists. […]

Costa Rican and Panamanian officials on Tuesday arrested nearly 50 people linked to an international network suspected of smuggling migrants from Africa, Asia and the Caribbean through Central America and toward the United States, prosecutors said. In one of the largest operations against people smugglers conducted in the country, Costa Rican migration police and prosecutors […]