Between January and June 2017, the region imported $590 million worth of mobile phones, 10% more than the imports in the same period in 2016. Main brands Among the main brands imported into Central America and according to purchase value are Samsung, Huawei and Apple, which together account for approximately 80% of total imports. Imports by […]
A donation of $1.8 million bolsters the National Air and Naval Service of Panama’s tactical response capacity in maritime interdiction. U.S. Southern Command (SOUTHCOM) donated tactical equipment valued at $1.8 million to the National Air and Naval Service of Panama (SENAN, per its Spanish acronym). On August 30th, the U.S. Embassy’s Office of Security Cooperation […]
I wrote a small piece for Latin America Advisor along with some other writers. The question was “Panamanian President Juan Carlos Varela last month made his first state visit to Beijing after breaking off relations with Taiwan in favor of establishing them with China in June. Since then, what have China-Panama relations brought to both countries? […]
The Panama Canal Authority is evaluating constructing a Liquefied Natural Gas supply terminal on the Pacific Coast, with an investment that could be around $100 million. Oscar Bazán, executive vice president of Planning and Commercial Development of the Panama Canal Authority (ACP), told Elcapitalfinanciero.com that “… they have already completed an exploratory study to determine […]
The consortium formed by the Belgian Jan De Nul and China Harbor Engineering Company already has the environmental backing to move forward with the construction of the port in the Amador Causeway, Panama. The Environmental Impact Study was approved by the Ministry of Environment of Panama, and the consortium in charge of the work plans […]
Super-moon setting over the summit of Volcan Baru in Panama, 5:09am, December 3, 2017. As seen, not modified. Lights are the town of Boquete. Photo taken at 4,200 ft. elevation. Volcan Baru is 11,500 ft. ©2017 M. Heyer Mark Heyer is an extremely talented photographer. Here is his story on Sunday’s hunt for the best super […]
As part of its development plan, the Panamanian government is encouraging investment in superyacht businesses and infrastructure. On 26 June, 2016, the first vessel passed through the then recently completed Third Set of Locks of the Panama Canal. The completion of the $5.3 billion investment, which allows for far larger vessels to transit the Isthmus […]
Panama is poised to toughen its tax fraud penalties, a year and a half after it came under worldwide scrutiny for the Panama Papers leak. The move, reportedly approved at cabinet level, comes on the day the EU published a blacklist of non-cooperative tax jurisdictions, including Panama. The new rules appear to allow first time offenders […]
Bentley targets field sportsmen by filling its SUV with cigars, liquor and guns. The add on might run $170,000. First you have to pay $229,000 for the SUV!!! Bentley is making a habit of teaming up with its Mulliner customization shop to cook up “utility” vehicles for the most niche of sports. Following the likes […]
Video: Wingsuit maniacs jump INTO passing airplane A pair of wingsuit-flying nutbags have BASE-jumped off the summit of a mountain, and flown into the door of a passing airplane in the latest of Red Bull’s outrageous stunts. Just watch the video, it’s amazing. Extreme sportsters Fred Fugen and Vince Reffet climbed to the summit of […]