Increased cargo traffic, improving the availability of water for the passage of ships and construction of the rolling cargo port, are some of the challenges the authorities of the interoceanic route face for the coming years. Representatives from the Panama Canal Authority reported that the levels of traffic currently being reported have already reached the […]
Panama is the country where the highest proportion of beer consumption was reported with respect to total alcohol consumed, with 77%, followed by Costa Rica and Guatemala, with 64% and 56%, respectively. The Global Status Report on Alcohol and Health 2018, published by the World Health Organization (WHO), details statistics up to 2016 on consumption of […]
The Panamanian government backed the contract governing First Quantum Minerals Ltd.’s mega copper mine in the central American nation, saying it remains in force after a Supreme Court ruling cast uncertainty on the project. After reviewing the court ruling, Panama’s Ministry of Commerce and Industry said on Wednesday it believes the contract originally signed in […]
It has been announced that Global Bank Corporation will sign an agreement to acquire 99.97% of the shares of Banco Panameño de la Vivienda, for an estimated price of $245 million. With the acquisition of Banvivienda, Global Bank will incorporate more than 39 thousand customers, 11 branches, which will be added to the 165,000 customers […]
China is willing to tap the cooperation potential with Panama and make more achievements to benefit the two peoples, said Chinese State Councilor and Foreign Minister Wang Yi Tuesday. Wang made the remarks at a meeting with Panamanian President Juan Carlos Varela while attending the United Nations General Assembly. The care and support from Chinese […]
Mia Taylor reports from Travel Pulse on the official opening o the JW Marriott. JW Marriott has opened its latest location in a 932-foot building in Panama that’s Central America’s tallest structure. The JW Marriott Panama is located in the heart of Panama City’s Punta Pacifica neighborhood, within minutes of commercial, banking and entertainment areas. […]
China is willing to tap the cooperation potential with Panama and make more achievements to benefit the two peoples, said Chinese State Councilor and Foreign Minister Wang Yi here Tuesday. Wang made the remarks at a meeting with Panamanian President Juan Carlos Varela while attending the United Nations General Assembly. The care and support from […]
Price of a gallon of regular gasoline: Costa Rica $4.31, Nicaragua $3.90, Honduras $3.81, El Salvador $3.51, Guatemala $3.40 and Panama $3.23. According to the latest report provided by the International Energy Agency (AIE) gasoline stocks went down by approximately 1.7 million barrels per week, but it was not so for distillates and diesel which […]
Canadian miner First Quantum Minerals (TSE:FM) is facing legal uncertainty around its massive $5.48 billion project in Panama, the largest copper mine coming to market over the next couple of years. The Central American country’s Supreme Court ruled Monday that Law 9, which was used to grant a mining concession to Minera Petaquilla (now known as […]
Pirates were the original bad boys. Sailing the high seas, forcing losers to walk the plank, and getting after dat booty. So when I heard there was a way to take a pirate-themed vacation, let’s say I was on board. We started out in Panama, where I learned Captain Morgan was actually a real person and […]