How to transit the Panama Canal in your yacht – preparation, costs, top tips and more from Behan Gifford for a smooth crossing from the Atlantic to the Pacific Ocean Cape Horn sailors and ditch diggers sacrificed all to make the path between the Atlantic and Pacific easier for the rest of us. It is […]
This is a second part of our story on where Susie and I have lived since we came to Boquete. While I love Jaramillo and the views across to Baru, I discovered that I would be single as Susie would not move up there. We are after all social creatures and enjoy simple lifestyles that […]
As reported in Seatrade Maritime News, Cargo volume in Panamanian ports hit a record 7.01m teu last year, but only showed a slight growth of 1.7% compared to 6.89 teu the year before. While a record volume growth was much slower than the 10.1% increase in container throughput at Panama ports in 2017. Transhipment boxes accounted […]
Ricardo Arias and Roberto Vidal at Morgan and Morgan write in Mondaq on the challenges Crowdfunding has here in Panama, One of the biggest challenges that micro, small and medium enterprises face when trying to settle in and achieve success as profitable businesses is to obtain capital and sources of financing. Sometimes, the most common […]
In the first six months of 2018, companies in the region imported $209 million in motorcycles, 20% more than in the same period in 2017. Central American Market Increases Between the first half of 2017 and the same period in 2018, the value imported into the region increased slightly by 20%, from $175 million to […]
Panama is a thin strip of land whose creation kick-started one of the most significant geological events in the past 60 million years. Yet for scientists the exact process by which the Isthmus of Panama came into being still remains largely contentious. In a new study published today in the journal Scientific Reports, scientists from […]
In Panama, bank credit for power generation projects grew 39% by November 2018, and the increase was mainly due to loans for clean energy projects. According to the latest report of the Superintendence of Banks, in November last year the portfolio of loans granted to the country’s industrial sector totaled $3.309 million, equivalent to a […]
Liberty Latin America plans to establish a new operations center in Panama City, from where it will coordinate the company’s activities at the Latin American level. The company reported they selected Panama because they plan to take advantage of its economic stability, its profile as a logistics hub in the region and its great physical […]
CAF Development Bank of Latin America said it has granted a $125m loan for Panama’s finance ministry to fund an education program to provide English lessons in public schools. The government started the Panamá Bilingüe program in 2014. The initiative taught English to more than 130,000 students and trained more than 3,000 teachers in 2018, […]
Consistent with the downward trend reported in 2017, during 2018 50,889 new vehicles were registered in Panama, 11% less than the previous year. The most recent data from the General Comptroller’s Office of the Republic, detail that in 2018 17,524 new automobile type vehicles were registered, 19% less than the 21,590 units registered in 2017. […]