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 […]
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 […]
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 […]
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 […]
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. […]
Mimi Whitefield writes in The Miami Herald about the first year in business for our canal. When the $5.5 billion expansion of the Panama Canal opened on June 26, 2016, dignitaries from around the world and 25,000 Panamanians lined the banks of the canal. But on the first anniversary, it was pretty much […]
As part of Denver Sister Cities International, Denver has now become a friendship city to Panama City, Panama. A friendship city is temporary as opposed to a sister city which is a more permanent agreement. The mayors of the two cities — Denver mayor Michael B. Hancock and José Isabel Blandón, mayor of Panama […]
It has been announced that as of November 15, the Panamanian airline will start operating four frequencies per week to the city of Mendoza, in Argentina. In a statement issued by the company, it was stressed that this will be the fourth destination that the airline will operate in Argentina. It currently offers flights to Buenos Aires, Cordoba and Rosario. […]
Citing the country’s progress in international cooperation in the fiscal area, the OECD has announced that it will not include Panama in the list of non-cooperating countries. The decision was based on the progress made by Panama in the adaptation of its legislative framework, the expansion of partners for the exchange of tax information and the work […]
Criminal charges against Brazilian President Michel Temer are the latest blow to a reform agenda designed to jump start Latin America’s largest economy, as the nation’s capital prepares for another drawn out political showdown. Chief public prosecutor Rodrigo Janot on Monday night pressed corruption charges against Temer in an unprecedented development that may put the […]