Is Panama Making the Right Move by Recognizing China?


News from Panama

Panamanian President Juan Carlos Varela on June 21 defended his country’s decision the week before to give diplomatic recognition to China, effectively cutting off diplomatic relations with long-time ally Taiwan. He said the move was “the right thing to do,” adding that it would bring investment and trade to the country. Did Panama make the […]

July 11, 2017

Panama Needs to Redesign its Airspace


News from Panama

The airlines claim there is a need to improve air traffic management at Tocumen airport, because “it is useless to have a new terminal if the planes cannot land.” Panama is at risk of losing competitiveness to other air hubs, such as Bogotá, if it does not take measures to reduce air congestion at Panama City’s international airport, […]

July 4, 2017

Coffee: May 2017 Global Prices


News from Panama

International prices continued to decline in May, in the context of optimistic outlooks on global grain supply for the coming months. From the Monthly Coffee Market Report, by the International Coffee Organization: Coffee prices continued to fall as the market remains well supplied and inventories in consuming countries are high as a result of strong […]

July 3, 2017

Plans to Build $70 million Hospital


News from Panama

An environmental impact study has been presented in Panama to design and build a hospital in Puerto Armuelles, Chiriquí province. Data from the Interactive System “Construction in Central America”, compiled by the Business Intelligence Unit at CentralAmericaData, indicates that in April the Social Security Fund submitted an Environmental Impact Study (EIS) to the Ministry of the Environment. According to the […]

July 3, 2017

Panama Suspends Imports of Colombian Meat Products


News from Panama

The government has issued a health alert due to an outbreak of foot-and-mouth disease in Colombia, and has temporarily suspended imports of processed meat and dairy products from susceptible species. “.. The Ministry of Agricultural Development, through the National Directorate of Animal Health, wishes to communicate that in light of the re-emergence of the virus known as foot-and-mouth disease […]

July 3, 2017

Panama: The Cold Chain in Limbo


News from Panama

Great idea but poorly handled as we have  built a number of multi-million dollar facilities that sit idle. The only one semi operational is in David. Seven years after its conceptualization, the ambitious project that initially comprised the creation of eight markets has now been reduced to five, and the first will be ready in […]

July 3, 2017

Panama Maritime Authority opens Miami office


News from Panama

  The Panama Maritime Authority officially inaugurated a Miami office to facilitate technical inquiries and respond to clients on the US East Coast. Previously, the registry’s technical office was located in New York. Jorge Barakat Pitty, minister of maritime affairs and administrator of the Panama Maritime Authority, said the office will provide quality service, 24/7. […]

July 3, 2017