BUILDING a channel linking two major seas would boost Thailand’s role in global connectivity, said Panama’s Vice President Isabel de Saint Malo de Alvarado, whose country has played a similar role for over a century since it opened the Panama Isthmus in 1914. “I think it is very powerful in every way for connectivity in […]
U.S. Navy Divers assigned to Mobile Diving and Salvage Unit (MDSU) 2 pose for a group A team of U.S. Navy divers and explosive ordnance disposal technicians arrived in Panama Oct. 10 to begin Subject Matter Expert Exchanges (SMEE) and partner capacity building engagements with Panamanian forces as part of Southern Partnership Station (SPS) 2018. […]
Florida State University-Panama is now home to the first international installation of WeatherSTEM, a weather tracker that sends out hyperlocal alerts and tracks data at a specific location. The WeatherSTEM station was installed earlier this month at the Panama campus with the help of WeatherSTEM CEO Ed Mansouri and FSU Vice President for Research Gary K. Ostrander. FSU-Panama is an international branch campus […]
Arguing that local investments could be at risk, the Maritime Chamber requested the exclusion of the maritime sector from the trade agreement that Panama negotiates with the Asiatic giant. In a note addressed to the Chief Negotiator of Panama, the trade guild of the sector requested not to include the maritime sector, and especially the […]
The deadline for the Panama NG Power to submit a clarification of financial information for the construction of the 670 MW natural gas plant was extended to December 26th. After a judicial ruling was issued in December 2017 allowing Panama NG Power 150 days to prove that it has the economic capacity to develop the […]
In Panama, 77% of companies do not plan to make new investments during the fourth quarter of the year, and 38% do not intend to hire more employees. According to a survey conducted by the Center for Economic Studies of the Chamber of Commerce of Panama, 10% of the companies surveyed expect to increase staffing, […]
The Panamanian government issued $550 million of sovereign debt in the international market, expiring in 2050 and with an average yield of 4.92%. According to information from the country’s authorities, the resources collected will be used to partially finance the investment plan contemplated in the General State Budget for fiscal year 2018. You may be […]
William Hill, HullWiper Vice President (left) and Talleres Industriales Managing Director, Lino Arosemena HullWiper is meeting growing demand for affordable and eco-friendly hull cleaning in the Panama Canal in partnership with Talleres Industriales, S.A., a leading provider of subsea services. It is the latest agreement signed under HullWiper’s global leasing programme introduced in 2017, which […]
On December 28th, 2018, companies which import air conditioning equipment in Panama will have to comply with new energy efficiency standards. inShare The Representatives of the National Secretariat of Energy (SNE) said that as part of the new regulation, air conditioners, central type, window, inverter and split should have a special label, in Spanish language. […]
The company responsible for building the logistics zone, that will operate under the free zone regime at Tocumen airport, expects to start in November. The Mota-Engil Consortium, winner of the tender, has planned to begin in early November the work of land leveling, construction of access roads and installation of public services, for the development […]