Cattleman Laurentino Cortizo sworn in as Panama’s president


News from Panama

Associated Press reported the big event on Monday.  Panama’s new President Laurentino Cortizo raises his fist after speaking during his inauguration in Panama City, Monday, July 1, 2019. Panama has sworn in for a five-year term the cattleman who inherits a slowing economy and growing frustration among Panamanians about official corruption. Cattleman Laurentino Cortizo was […]

July 2, 2019

Celebrate Independence Day with “America the Beautiful”


News from Panama

Written by Katharine Lee Bates and composed by Samuel A. Ward, “America the Beautiful” is one of the most well-known and beloved American patriotic songs. The song, sung by the Hillsdale College Choir in this video, celebrates the natural beauty and the “patriot dream” of the United States. Hillsdale College is an independent institution of […]

July 2, 2019

Panama: Economic Activity Fails to Rebound


News from Panama

After the year-on-year variation in economic activity fell from 3.7% to 2.9% between February and March, the rise in April was again 2.9%. The Monthly Index of Economic Activity (IMAE) in the Republic grew by 3.29% for January-April 2019 compared to the same period in 2019. The monthly year-on-year variation referred to April 2019 was […]

June 26, 2019

$99 Million in Power Transmission Line


News from Panama

In Panama, the construction of the 230 Kv Sabanitas – Panama III Transmission Line and associated substations is tendered. “The contract includes the performance of the following works: -Supply, Assembly and works related to the Construction of the Panama III Sabanitas Line, specifically from the Mocambo sector where the Panama III Substation will be located […]

June 25, 2019

First Quantum Minerals Announces the Commencement of Copper Concentrate Shipping at Cobre Panama


News from Panama

First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX:FM) announced today that the first shipment of copper concentrate from Cobre Panama has left port.  This shipment is the first from the operation and a significant milestone of the ongoing ramp-up.  Cobre Panama is the Company’s newest operation located in the district of Donoso, Colon province, […]

June 25, 2019

Construction Rebound: A Challenge for the New Government


News from Panama

In Panama, the elected government will have among its main challenges to facilitate the necessary conditions for the reactivation of construction in the country, which has reported negative figures for the last two years. Since the beginning of 2017 investments in construction in the country have decreased and the situation does not seem to improve. […]

June 25, 2019