Higher tariff rates will definitely have some negative impact on exports to Panama, but the pork demand is expected to weather the rate increase fairly well. U.S. pork exports to Panama are off to such a red-hot start in 2019 that a safeguard measure has been triggered. Due to export volume already exceeding 130% of […]
As part of the strategy of international promotion, the Panama Tourism Authority (ATP), in alliance with travAlliancemedia, launched today a digital training “Panama Specialist” program, aimed for agents of the United States and Canada who are ready to gain the confidence and become experts in selling the Panama brand. Enrique Sánchez, Marketing Director for the […]
The protection of personal data is considered a fundamental right of the human being and his dignity. This right protected by article 29 of the Politic Constitution of the Republic of Panama. Also, the American Convention on Human Rights-ratified by Panama-establishes in Article 11 the protection of fundamental rights as follows: “Everyone has the right […]
PANAMA IS AMONG the luckier countries in Latin America. Drug-traffickers mostly bypass the isthmus, preferring to ship cocaine to the United States through northerly neighbours. A forest protected the country from Colombia’s long-running insurgencies. Its canal provided $1.7bn to the treasury last year, an eighth of the government’s budget. Panama’s citizens are the second-richest in Latin […]
As tens of billions of dollars are spent building liquefied natural gas (LNG) export facilities along America’s coastline, the importance of the Panama Canal is coming into sharper focus. Many of the cargoes from these terminals will be destined for Asia and must pass through the larger ‘Neopanamax’ locks. These locks – which opened for […]
With the transit of the Liquefied Natural Gas (LNG) vessel Energy Liberty, the Panama Canal reached this Wednesday the figure of 6,000 neopanamax vessels, which validates the impact of this route for world maritime trade. We have received, once again, as a result of teamwork, the transit neopanamax 6,000 through the expanded Canal, less […]
The Empresa de Transmisión Eléctrica de Panamá issued debt securities for 30 years at a 5.125% interest rate. The bonds have a deadline in May 2049, i.e. 30 years from the date of issue and will have a grace period on capital payments of 15 years, informed the institution. See “State-owned Electric Plant Begins to […]
Panama’s electoral tribunal has ruled that former President Ricardo Martinelli, who is awaiting trial on wiretapping charges, cannot run in next month’s elections, but the politician vowed on Friday to retake the presidency in the following vote. The tribunal has not formally commented on the decision, but a copy of the ruling seen by Reuters […]
In Panama, known as the “Cradel of the best jockeys in the world”. the Laffit Pincay Jr. Technical Academy has changed lives and produced top thoroughbred riders. The famed school, opened in 1960, is located outside the country’s only racetrack. See the slide show here
Traveling to the Darien Gap in Panama to report on the increasing flow of foreigners from around the world who are walking through the forbidding jungle to get to the United States. Panama is struggling to care for the waves of people arriving at their southern border. Watch the story with Chuck Holton of Hot Zone […]