On this episode of Midday Market Update, Kaylee Nix and Michael Vincent dive into the deep possibilities of disruption in the maritime shipping world. Starting with headlines, they outline a massive acquisition by TriumphPay, which CEO Jordan Graft says will fill out the company by adding a settlement process. Another trucking company has released details of planned […]
The World Bank predicts that by the end of this year Panama and the Dominican Republic will be the economies of the region that will grow the most, and the countries that will report the lowest increases in their production will be Costa Rica and Nicaragua. After the region’s economies were considerably affected in 2020 […]
Event: Filling 600 Easter Egg Bags for kids in the Comarca. Marcelyn and I participated in this Easter Bag Stuffing event earlier today. I was so impressed with the strong support by our expat community for delivering happiness and excitement to so many local children. I estimate about 30 volunteers came together at the clubhouse at the Boquete […]
PERHAPS there are more subtle ways to bury one of the biggest scandals of this government: the abuses suffered by minors in shelters subsidized by the National Secretariat for Children, Adolescents and Family (Senniaf), but it is clear that the intention is to turn the page without major consequences. The State subsidizes 42 shelters throughout […]
A group of 19 young Panamanians traveled to Cuba today to study medicine through a scholarship granted by the Isthmus Institute for Training and Use of Human Resources (Ifarhu). The government institution selected the best records from public schools located in impoverished indigenous regions and the capital district of San Miguelito and established the […]
Panama has approved the use of Sputnik V the Russian vaccine against Covid -19 said Elvia Lau director of Pharmacy and Drugs of the (Minsa), on Thursday, April 1. “The manufacturer sent us the dossier through its regulations, we reviewed it and today we have already signed the authorization for the emergency use of Sputnik V,” said Lau. […]
The Panamanian government announced that Grupo Rey plans to invest in the construction of a distribution center, which will be located in the community of Pacora on a 55-hectare plot of land. According to the Government of Panama, the Ecuadorian consortium Corporacion Favorita, owner of Grupo Rey, which groups a chain of supermarkets and stores, is […]
Because office buildings are empty, stores are open only a few hours, and hotel occupancy rates are considerably low in this health crisis, the outlook for commercial real estate has been clouded and an uncertain future is projected. Containment measures taken over the last year in response to the pandemic have closed stores and offices, […]
The Law of Fisheries, Aquaculture and related activities was published in the Official Gazette. The law promotes the training of fishermen and establishes the participation of the sector in decision making. The new legal framework establishes a National Fisheries Conservation and Administration Plan, creates the National Fisheries Information and Statistics System, eliminates discretionally in fisheries management and promotes good fishing practices. […]
The number of U.S.-bound migrant children crossing the dangerous Darien jungle in Panama on foot has increased more than 15-fold in recent years and is likely to rise further during the pandemic, the U.N. children’s agency warned Monday. Children accounted for just 2% of these migrants in 2017 but that had risen to more than […]