$15 Million in Residential Project


News from Panama

A housing complex consisting of two 16-story towers and two 19-story buildings, which together will house 196 apartments, is planned to be built in the district of Panama. Inmobiliaria Navaltor, S.A. presented to the Ministry of Environment the Environmental Impact Study (EIA) called “P.H. Altos del Pacifico.” The project consists of the construction of four […]

December 10, 2019

Panama: $200 Million to Digitize Procedures


News from Panama

The IDB will provide a $200 million loan to finance the digital transformation of processes with high demand, such as construction permits from the Municipality of Panama or commercial movements in the Colon Free Zone. The funds will also be used to encourage private investment, the protection of digital personal data and digital signatures. In […]

December 10, 2019

5 proptech platforms revamping real estate in Panama


News from Panama

Foreign investment in Panamanian real estate is rising. However, the distance between owners and the properties themselves is a key pain point. In that sense, startups in this Central American country are emerging to push for greater visibility and management of cozy homes and elegant apartments no matter where you are. Prime-Ex Perpetual Active on […]

December 10, 2019

What I am watching now


News from Panama

The Moth Presents Stephanie Peirolo: Walking With RJ This is an incredibly moving and brutal 12-minute video. I watched this over Thanksgiving. It helps put things in perspective, and it made me reconsider my “stresses” as almost entirely absurd. For anyone reading this newsletter, there is indeed much to be thankful for. My sincerest gratitude to […]

December 3, 2019

Ban the Bomb activists arrive in Panama


News from Panama

Newsroom Panama covers the events here in Panama where four leading activists of the World Without Wars and Violence (MSGSV)  who are on a world tour that began in  Madrid in September are in  Panama as part of the Second World March for Peace and Nonviolence. The activists, left Madrid, on  September 21 and their […]

December 3, 2019

Food: $17 Million for Producer Subsidy


News from Panama

The National Assembly of Panama approved funds to pay during the second half of the year, incentives to producers of rice, corn and milk grade C. The Budget Commission of the National Assembly approved in favor of the Ministry of Agricultural Development (MIDA) $17,371,543, to pay incentives to producers, needs an official report. You may […]

December 3, 2019

V-Planet Expands Into Panama


News from Panama

V-planet‘s plant-based products are now available in Panama through Puro Love Pets Café. V-planet’s nutritionally complete and balanced plant-based adult dog food is now available for Panama’s dog owners, in regular for medium and large dogs and in mini-bites for small dogs. V-Planet was founded in 2018 as the international sister brand of v-dog, and has found success […]

December 3, 2019

Bladex co-leads successful syndication of a US$130 million 3-year Senior Term Loan Facility for Banco Aliado, S.A.


News from Panama

Banco Latinoamericano de Comercio Exterior, S.A. (“Bladex” or the “Bank”) today announced the successful closing of a US$130 million 3-year senior, amortizing term loan facility (the “Facility”) for Banco Aliado, S.A. (“Banco Aliado”). Established in Panama in 1992, Banco Aliado is the leading Panamanian mid-sized general license bank, ranking 4th largest in terms of total […]

December 3, 2019

Panama Canal: Upholding a Legacy of Sustainability in a Shifting Landscape


News from Panama

Late last month, the United Nations Conference on Trade and Development (UNCTAD) published its Review of Maritime Transport 2019. The report addressed the industry’s quickly shifting landscape and range of challenges, making one rising concern very clear – climate change. The maritime sector is increasingly facing more intense and frequent natural disasters and climate-related disruptions, […]

December 3, 2019