Fruits and Vegetables: Business Figures in Panama


News from Panama

It is estimated that Pricesmart S.A., Del Monte S.A. and Nestlé S.A. account for around 18% of the market share in the import of fruit and vegetable preparations. Data from the “Corporate System of Companies” platform, from the Trade Intelligence unit of CentralAmericaData, provides details on the companies according to sector, main activity, volume and […]

June 18, 2019

Panama Canal issues proposal to modify tolls structure


News from Panama

The Panama Canal has published a proposal to modify its current tolls structure for the dry bulk, passenger, containership and vehicle carrier and ro/ro segments, as well as tankers and LPG and LNG vessels. A 30-day formal consultation period for industry feedback will close July 15. The Panama Canal has published a proposal to modify its current […]

June 18, 2019

ENVIRONMENT: 352,000 hectares of Panama forest ravaged


News from Panama

Newsroom Panama put out this article on deforestation here in Panama. Panama lost between 352 000 hectares of forests, between 2000 and 2017almost equivalent to the whole of Los Santos province (380,000 hectares) and more than that of Herrera (234,000 hectares) says Environmental Advocacy Center (CIAM). The loss was created by agriculture, logging and construction projects […]

June 18, 2019

Panama smooth transition hits choppy waters


News from Panama

After a week of seemingly smooth transition meetings between the outgoing Varela (Panamenista) and the incoming Cortizo (PRD) administrations. the amity frayed over concerns expressed by vice- president-elect José Gabriel Carrizo. On Friday, June 8, Carrizo, after a meeting with the comptroller Federico Humbert, complained about the lack of information on the state of public […]

June 11, 2019

Panamanian President-elect Recognizes Guaidó


News from Panama

Panama will continue to support a democratic solution to the Venezuelan crisis. On May 13, Panamanian President-elect Laurentino Cortizo said he will recognize Juan Guaidó as interim president of Venezuela, and confirmed that his country will continue to be part of the Lima Group. “Panama already has a direct relationship with the government of Guaidó. […]

June 11, 2019

Panama Huawei customers will still get updates says ACODECO


News from Panama

Panama users of Huawei smartphones  “will continue to receive updates and security patches from Google Play.” reports the  Consumer Protection Authority (Acodeco) after meetings with Panama’ representatives of the world’s second-biggest marketer  of cell phones’   Acodeco and the representatives of Huawei Technologies Co., LTD met on   Friday May 31 at the request of the […]

June 11, 2019

Panama gives update on fourth canal bridge


News from Panama

Preliminary works on a fourth bridge over the Panama Canal are progressing well, according to information from the national government. The Panama Cuarto Puente consortium, comprised of state-owned firms China Communications Construction Company and China Harbour Engineering Company, which has been tasked with completing the project, is currently conducting topographical and geotechnical studies. The group […]

June 11, 2019