Transit delays at the Panama Canal due to water measures


News from Panama

The recent implementation of new water measures on 15 February for the Panama Canal have already produced delays for vessel transits. “The current waiting time is approximately 11 days for the Panamax locks and 3-4 days for neo-panamax locks but the waiting time vary from one vessel to another depending on vessel category, vessel restrictions, […]

March 3, 2020

University Campus Construction Planned


News from Panama

The University of Panama plans to build a four-hectare site in the village of Tocumen, a university complex that will be used by the Faculty of Agricultural Sciences. According to the interactive platform “Construction in Central America” of CentralAmericaData‘s Trade Intelligence Unit, the University of Panama presented the Environmental Impact Assessment (EIA) to the Ministry […]

March 3, 2020

New Flight between Panama and Lima


News from Panama

The low-cost airline Wingo announced that as of April 28 it will begin operating a direct flight twice a week between the capitals of Panama and Peru. The new route, which will have tickets available on Tuesdays and Saturdays, will be operated by 737-800 NG aircraft with capacity for 186 passengers, company officials said. You […]

March 3, 2020

Pet Market in Panama


News from Panama

Some pet service providers claim that their sales have been sustained, while others report that their income is beginning to recover after overcoming a period of economic slowdown. In recent years the Panamanian economy recorded a slowdown, since in 2018 the Gross Domestic Product of the country reported a 3.7% year-on-year growth, far from the […]

March 3, 2020

Dubai Chamber holds Expo 2020 roundtable in Panama


News from Panama

Dubai Chamber organised a breakfast roundtable for private and public sector stakeholders in Panama to introduce them to the trade and investment opportunities in Dubai due to Expo 2020, in addition to highlighting Dubai as a global business destination and gateway to the MENA region for Latin American countries. Forty-five participants representing the private and […]

March 3, 2020

Home for Sale in Alto Boquete – Asking $159,000


News from Panama

This is a recently built home that has never been occupied.  It has 3 bedrooms and 2 baths, living area, dining room, kitchen laundry room and covered carport.  Enclosed area is 1,168 square feet. Total area is 1,560 square feet.  See a drone aerial video here Living area is very spacious and there are lots of windows. […]

March 3, 2020

Palau, Liberia, Marshall Islands and Panama Unite on Sanctions


News from Panama

Vessels which violate the current United Nations Security Council Resolutions (UNSCRs) on trading with North Korea will not be registered with the Palau International Ship Registry (PISR). The announcement comes as the registry unites with Liberia, Marshall Islands and Panama on the issue. Palau International Ship Registry (PISR) on January 21, 2020 joined the Memorandum […]

February 26, 2020