Anna Hirtenstein at Bloomberg discusses this new technology. ower-generating kites backed by Royal Dutch Shell Plc, Schlumberger Ltd. and EON SE will start tests in the U.K. this summer, with the aim of developing a technology that could eventually replace offshore wind turbines. Kite Power Systems, known as KPS, is working on a 17-meter device […]
Between $10.6 million and $12.9 million is the range of proposals presented in the tender to restore the National Theater of Panama. Construcciones Civiles Generales S.A. presented an economic offer of $12,978,969, Constructora Pirenáica S.A. put forward a proposal of $10,620,000, and Administradora de Proyectos de Construcción S.A. offered $11,700,450. The project consists of the integral restoration of the National […]
Plans are being made to build a hospital in the district of Juan Díaz in the province of Panama, which will be connected to the Mall Town Center del Este. Data from the Interactive System “Construction Projects in Panama“, complied by the Business Intelligence Unit at CentralAmericaData , indicates that Desarrollo Hospitalario Costa del Este S.A. presented an Environmental […]
The text approved by President Varela contemplates an increase of 25% to 40% in tax credits for investment in manufacturing and agribusiness. The law that modifies and adds articles to Law 76 of 2009 and establishes measures for the promotion and development of industry was been worked on jointly by businesspeople from the sector and […]
The number of air routes operating between Panama and Europe grew by 62% between 2013 and 2016, and the number of passengers in transit increased from 373,000 to 735,000 in the same period. The main European destinations that could be flown to from Panama a few years ago were Paris, Madrid and Amsterdam, but recently […]
The OOCL France has set a new record as the largest ship to transit the Expanded Panama Canal since its inauguration nearly one year ago. The new record comes less than a month after the COSCO Development became the first 13,000 TEU containership to use the expanded waterway. The vessel went on to set the soon-to-be-broken record as the largest containership to visit the […]
Amigos de Animales May 2017 Newsletter April Clinic Report On Sunday April 30, Amigos de Animales spayed or neutered 168 animals, 77 dogs and 91 cats. This was a very smooth running clinic, not too long for the animals to wake up, fast turnover of the tables, everyone out by 3. We were happy to […]
Jude Webber reports in Financial Times of the arrest warrant issued by Interpol for Martinelli who is wanted here in Panama on political espionage and corruption charges. The arrest warrant comes amid a gathering storm over $59m in alleged bribes paid on Mr Martinelli’s watch in the Central American nation by Brazilian construction company Odebrecht. Interpol has […]
Our little town got a BIG sign this week and it welcomes all to Boquete! Tucked into the green mountain highlands of Panama, in western-most Chiriquí Province, about 60 km. from the border with Costa Rica, your adventure begins here. Come on down to Bajo Boquete where I live! Some of our landmarks include nearby Volcán Barú, […]
An excess of procedures and requirements that must be completed in order to develop real estate projects in the country remains one of the main problems affecting the development of the construction sector in Panama. A study prepared at the request of the Panamanian Chamber of Construction (CAPAC) reveals that “… there has been a decrease in the number of building permits, a […]