Due to the delay in approval of the environmental permit, in the first stage of the project, the subsidiary of Del Monte will cultivate 650 hectares of banana, instead of the 970 hectares originally planned. Prensa.com reports that “… The company Banapiña de Panamá, a subsidiary of Del Monte, imported 1.2 million meristems from Costa Rica, of […]
The international airport of Panama has issued on the international market a 30-year debt issuance, at an interest rate of 6%. The decision to issue the bonds is in accordance with Tocumen’s plans to modernize the air terminal’s electrical system, and to build a third runway and the first phase of the logistics area. Prensa.com […]
The husband came across the program from my father-in-law’s high school graduation, 90 years ago. It was the Class of 1928 and their class motto was “Build for Character, Not for Fame.” No words are better said and very true. I’m pretty sure we’ve done a full reverse on that one. We put an exceedingly […]
Work has started on the first phase of the Toabré wind power generation project in Panama, with an investment of over $150 million. From a statement issued by Audax Renovables: Badalona, May 9, 2018.- Audax Renewables, subsidiary of renewable energy generation in the Audax group, which is participating together with local partners in the project […]
Andrea Vaucher writes of her visit in April where she was captivated by Casco. Casco is one of Susie’s and also my favorite places to stay and eat. For a tiny country, Panama packs a punch. One sixth the size of California, with about as many people as the city of Los Angeles, Panama is known […]
Between $ 13.5 million and $ 14.1 million is the range of the five proposals for the first phase of construction of a 35 hectare free zone in the grounds of Tocumen International Airport. Five companies submitted their technical and economic proposals: Ingeniería PC: $14,134,262 Levantina Ingeniería y Construcción: $14,156,483 Mota-Engil Engenharia e Construcao S.A. […]
In the first quarter of this year, total expenses of the Non-Financial Public Sector increased by 30% with respect to the same period in 2017, mainly explained by an increase in current expenditure. From a statement issued by the Ministry of Economy and Finance: May 9, 2018. Total revenues of the Central Government (CG) were […]
Panamanian artists score a team goal with euphoric “Sube La Marea” for Copa Airlines, celebrating the national team’s first trip to World Cup. Rubén Blades, Erika Ender, Kafu Banton, Omar Alfanno, Nando Boom and other Panamanian artists have scored a team goal with a new song celebrating Panama’s first-ever participation in a World Cup. The track […]
Vice President M Venkaiah Naidu has underlined Panama’s strategic significance to India as he met Panamanian President Juan Carlos Varela Rodrigues and discussed bilateral cooperation in agriculture, trade, health, culture and education. During their talks yesterday, he also sought Panama’s support for India’s candidature to the Human Rights Council (HRC) for the term 2019-2021 and […]
Geoffrey McRae of Gateway to South America sent me this article from The Economic Times. While not everyone has $1 Billion to invest, any investment in Ag land with production capabilities will be a wise one for future years. For a man with information on prime properties across the globe, Lord Andrew Hay can separate […]