IMF staff concludes visit to Panama


News from Panama

A staff team of the International Monetary Fund (IMF), led by Alejandro Santos, visited Panama during July 17-23, 2019, invited by the Panamanian authorities. At the end of the visit Santos issued the following statement. “While Panama remains among the most dynamic economies in Latin America, the economic recovery has been slower than anticipated. Real […]

July 31, 2019

Laureate Education to sell school in Panama for $87M


News from Panama

Laureate Education Inc. has a deal to sell a higher education institution in Panama for a tentative price of $86.75 million. The Baltimore-headquartered network of degree-granting schools said Monday it had agreed to sell Universidad Interamericana de Panamá to Universal Knowledge Systems Inc. and Global Education Services Inc. The Panamanian school joined the Laureate International Universities network […]

July 31, 2019

Panama Follows Mexico in Clamping Down on Illegal Migrants


News from Panama

Jason Pena at The Center for Immigration Studies reports on how Panama is handling the surge of illegal immigrants crossing it’s borders bound for the US. The National Migration Service (SNM) of Panama recently reported the country’s latest deportation data. The Nicaraguan news website El Nuevo Diario reported, the removal of 531 Nicaraguan migrants from […]

July 31, 2019

The Panama Canal and UN Environment join forces on sustainable development and climate action


News from Panama

The Panama Canal, which connects the Pacific Ocean with the Caribbean Sea, will work alongside UN Environment to accelerate its sustainable environmental management efforts. Climate change threatens the water availability of the Panama Canal watershed, which nourishes more than half of the country’s population. Panama City, Panama – The Panama Canal and UN Environment signed […]

July 31, 2019

Panama Metro: Line 1 Expansion Awarded


News from Panama

Photo Credit Charlie McElroy  Our world class metro continues to expand with the Line 1 phase contract awarded. The Panama North Line Consortium was awarded the contract for the design and construction of the works to extend Line 1 of the Metro to Villa Zaíta. On July 23, the resolution of the tender was published in the […]

July 31, 2019