$99 Million Electrical Works Tender Postponed


News from Panama

November 7, 2019 is the new date for the receipt of tenders in the tender for the construction of the 230 Kv Sabanitas – Panama III Transmission Line and associated substations. The initial date for receipt of tenders was August 6, but because some companies interested in submitting proposals asked for the extension of the […]

August 13, 2019

New Panama boss Gallego sets World Cup target


News from Panama

Veteran Argentine manager America Gallego vowed Tuesday to steer Panama to the 2022 FIFA World Cup in Qatar by playing attacking football. Gallego signed a three-year contract with Panamanian football association last week, replacing interim manager Dely Valdes. “I have no doubt that we are going to qualify for the World Cup,” the 64-year-old said […]

August 13, 2019

Construction: Optimism for PPP Regulation


News from Panama

With the proposed regulatory framework for Public-Private Partnerships in Panama, construction businessmen hope to ensure that the projects conclude with the required parameters and that the processes are transparent. At the end of July, the Ministry of Finance presented a bill to modify the law regulating public contracting, which has among its objectives to take […]

August 13, 2019

‘It Worked in Panama.’ This Is Not True.


News from Panama

President Trump issued an executive order on Monday imposing a new round of economic sanctions on the Venezuelan government. The action sends a clear message to Venezuela’s top military brass — the regime’s chief pillar of support. The United States will not be satisfied until President Nicolás Maduro is ousted, and Venezuela is on a […]

August 13, 2019

What Types of Plastic Bags Are Banned in Panama?


News from Panama

Question Concerning Panama’s ban on polyethylene shopping bags that recently became effective, is the legislation enforced at the store or customs level? Also, what type of bags are included in the ban? Answer Panama Decree Law 1, which was published in the Official Gazette on January 19, 2018, bans the use of polyethylene bags by […]

August 13, 2019

ENVIRONMENT: Panama to host world water summit


News from Panama

At a time when the country is grappling with the challenges of maintaining water supplies for the operation of the Canal and supplying a growing population, while faced with extended droughts, over, 1000 delegates will attend the 2019 World Hydraulics Congress in Panama from September 1 to 6 with water security and resilience as the […]

August 13, 2019

Panama Property Development Enters New Phase


News from Panama

Recent progress on two trend-setting projects in Panama City signals the start of a new era in Panama city’s property market. On Ocean Reef, the man-made islands in Panama Bay, construction is underway on Beach Club Residences, the first condominium resort development on the second island. Not far away, work is progressing at a rapid […]

August 13, 2019