Even by the harshest of gauging parameters, the Panama Canal is nothing short of an engineering marvel and testament to human ingenuity. Currently in its 104th year of serving as a man-made marine shortcut between the Atlantic and Pacific oceans, this fascinating inter-oceanic artery operates through a system of dual-lane lock complexes. Those privileged enough […]
The chamber inside LaPaz Farm is so clean it almost feels like an operating room. Before we walked into the room, Sabine Mader, the manager of the farm, asks us to put on white coats, gloves and hair nets—and a beard net for my husband. Inside the chamber, a fish cutter is waiting with a […]
Panama is showing its profound interest in looking into the possibilities of acquiring Belarus’ agricultural machinery. The matter was discussed during a visit of Belarus’ Ambassador to Ecuador Igor Poluyan to Panama, BelTA learned from the website of the Belarusian embassy. The head of the Belarusian diplomatic mission presented copies of his credentials to acting […]
Since the Pope signed up in mid-February, 75,000 young people from all over the world have registered for WYD in Panama 2019. Although it is possible to participate without signing up, the registrations will help organizers better serve the participants. See the entire article and video in RomeReports.
Assicurazioni Generali SpA (G.MI) said on Monday that it has finalized the sale of its operations in Colombia and Panama as part of the company’s plan to rejig its international footprint. The Italian insurer said the total consideration for the two sales was approximately 170 million euros, adding that the deals would allow it to […]
In response to actions taken by the Maduro government, Panama will suspend cargo and passenger transport activities of Venezuelan airlines operating in the country for three months Immediately after the retaliation measures that the Varela administration intends to implement were made public, the Venezuelan government announced it will suspend economic relations with more companies in […]
This year in Panama realtors expect to sell 9,000 homes and generate $1.146 billion, which would be a 34% increase compared to the value sold last year. The National Council of Housing Promoters (Convivienda) plans to sell 8,958 units of housing nationwide this year, after having sold 7,219 units last year. See also “Central America: […]
Panama has done a good job of tackling inflation as reported by Reuters. Panama consumer prices rose 0.6 percent in March from the same month last year, driven by increases in prices for education, restaurants and hotels, the Central American nation’s comptroller said on Friday. Between January and March, Panama registered inflation of 0.4 percent, […]
Panama government bonds are in high demand with offers received for 3 times more than are being issued. The government issued $1.2 billion worth of debt securities in the international market, maturing in 2050 and with a coupon of 4.5%. From a statement issued by the Ministry of Economy and Finance: April 9, 2018. The […]
I cannot wait for our new cruise terminal and the numbers show the need for the expansion. The number of tourists that arrived at the Amador marina in the first quarter of the year almost tripled compared to the figure for the same period in 2017, and the number of cruises grew by 45%. From […]