Virtual Auction of Gourmet Coffee


News from Panama

From July 27th to 30th, the XXIV International Tasting The Best of Panama will take place virtually, in which 45 producers registered a total of 161 specialty coffee lots. Laestrella.com.pa reviews that “… The Specialty Coffee Association of Panama (SCAP) has completed the registration process and as of June 15 will receive 24,150 pounds of […]

June 10, 2020

LNG Distribution Agreed in Panama and Costa Rica


News from Panama

Colon LNG Marketing (a subsidiary of AES Colón) and Tropigas Natural, S.A. (part of the Tropigas group) signed the first contract to supply Liquefied Natural Gas (LNG) through the modality of loading by tanker truck for the markets of Panama and Costa Rica. Elcapitalfinanciero.com reports that “… The agreement allows the use of a clean […]

June 10, 2020

What I am reading – The Future is here Now


News from Panama

Our children and grandchildren should read this and understand what will change as the future is here now. They must  keep their eyes open for opportunities and maybe leave law school before it is too late!! This came to me from my friend Geoffrey McRae at Gateway to South America. From Udo Gollub after the Singularity […]

June 10, 2020

Fitch Affirms Banco General at ‘BBB+’; Outlook Negative


News from Panama

Fitch Ratings affirmed Banco General, S.A. (BG) Issuer Default Rating (IDR) at ‘BBB+’ with a Negative Outlook, its Short Term IDR at ‘F2’, and its Viability Rating (VR) at ‘bbb+’. Fitch also affirmed BG support rating (SR) at ‘5’ and its support rating floor (SRF) at ‘NF’. BG’s Negative Outlook is mirroring the Negative Outlook […]

June 9, 2020

Panama-flagged LPG carriers investigated for Iran shipments


News from Panama

The eight vessels have been tracked shipping liquefied petroleum gas to China and India during the past year. Five under investigation have reflagged to Panama after being deregistered by Liberia. THE maritime authority of Panama is investigating a fleet of eight Panama-flagged liquefied petroleum gas carriers linked to sanctioned Iranian shipments to China and India, […]

June 9, 2020

New Reality, New Trends


News from Panama

Structural changes in world trade, consumer preference for living on the outskirts of cities and a growing demand for technological equipment to be able to work from home are some of the turns economies will experience in the new reality. Most companies globally have been focused on understanding the new business environment, which derives from […]

June 9, 2020

Pizza: Preferences and Potential Markets


News from Panama

In Panama, Plaza Arraiján shopping center and its surroundings is a point that at a distance of five minutes by car monopolizes a captive market of more than 34 thousand people, and of this group of consumers, 19% show interest in pizzas. In CentralAmericaData we developed a geomarketing tool based on interactive maps, through which […]

June 9, 2020

Panama health ministry stalls US$2.7bn in public works


News from Panama

Infrastructure works requiring investments of more than US$2.7bn remain on hold in Panama, because the health ministry (Minsa) refuses to greenlight projects that the public works ministry (MOP) deems important. The construction sector, including production of cement and other materials, had to halt activity on March 24 to contain the spread of the coronavirus. On […]

June 9, 2020