The XIII China-LAC Business Summit in Panama City focused on the expansion of joint trading activities and business investment between China and Latin America. During the three-day summit, nearly two thousand entrepreneurs, officials and politicians from Latin America, the Caribbean and China met in Panama. In addition, more than 1,000 companies took part in the […]
China and Panama are ideal partners to make the most of the trade benefits offered by the China-proposed Belt and Road Initiative (BRI), a Panama business leader has said. Giovanni Ferrari, general manager of Panama’s Colon Free Trade Zone, spoke with Xinhua on the sidelines of the 13th China-Latin America and the Caribbean Business Summit, […]
New portal aims to leverage the industry standard eModal Community Portal to enable digitization and improve cargo visibility through a centralized information hub Advent Intermodal Solutions, provider of the eModal suite of applications that simplify and accelerate the flow of cargo across the landside supply chain, today unveiled the “Portal for Panama” initiative for container […]
Although Grupo Aval S.A. de Colombia owns both financial entities, the conglomerate has decided that the two banks will compete separately in the Panamanian market. Early last month it was reported that Grupo Aval de Colombia S.A., owner of BAC Credomatic, signed an agreement to acquire Multibank Financial Group of Panama, and according to the […]
Southern Explorations, specializing in crafting custom small-group trips and itineraries to South America and Central America, has added a pair of inviting new accommodations to the Panama Family Adventure tour: El Otro Lado and Isla Palenque. “We’re thrilled to be adding these properties to our Panama Family Adventure. They’re the kind of boutique lodgings that are […]
In Panama developers are being more cautious when making decisions regarding the construction of industrial projects, as they prefer to build buildings based on the needs and demands of customers. In the current situation of the country, where investment in new construction, additions and repairs, reports a 9% contraction until October 2019, developers in the […]
The National Assembly of Panama approved in third debate the bill that creates the Superintendence of Non-Financial Subjects, and now the proposal only awaits the approval of the Executive. The bill, which was sent by the Executive Branch to be analyzed in extraordinary sessions and which seeks to establish the exclusive competence to regulate and […]
During the first ten months of 2019, 2,210 luxury vehicles were sold in Panama, a figure 9% higher than that reported in the same period of 2018. According to the latest report of the General Comptroller of the Republic, between the first ten months of 2018 and the same period of 2019, the number of […]
The Panama Canal Advisory Board and Board of Directors gathered this week in Savannah, Georgia, where they discussed the Canal’s performance, strategic foresight, maritime trends and water issues, as part of their biannual meetings. The Advisory Board meets once or twice a year in Panama and/or a city linked to the maritime industry. Savannah was […]
A housing complex consisting of two 16-story towers and two 19-story buildings, which together will house 196 apartments, is planned to be built in the district of Panama. Inmobiliaria Navaltor, S.A. presented to the Ministry of Environment the Environmental Impact Study (EIA) called “P.H. Altos del Pacifico.” The project consists of the construction of four […]