China and Panama sign 28 cooperation agreements
Chinese President Xi Jinping, and the president of Panama, Juan Carlos Varela, signed 28 agreements on Monday, December 3 with which they seek to face the challenges of [Read more]
Panama
Fourth set of locks depends on water supply
“The construction of the fourth set of locks for the Panama Canal will largely depend on water supply, and if that problem is not solved we can forget about it although [Read more]
Panama Shipyard Fires 40 Workers
The immediate firing of 40 employees by the Mec Shipyards consortium , which operates the Balboa shipyard, on November 6, as part of a restructuring process to [Read more]
Panama tops region in hospital investment
Panama leads the way in Central America with investment in hospital projects, with nearly $298 million in construction projects dedicated to medical services, corresponding [Read more]
Entrepreneurs still betting on tourism
While Panama’s tourism figures continue to lag and hotels restaurants and entertainment centers have laid off workers there is still a flow of entrepreneurs seeking to get [Read more]
Canal tonnage up 9.5% over previous year
The Panama Canal closed the fiscal year 2018 (Oct. 1, 2017 – Sep. 30, 2018) with a record of 442.1 million ton transited, an increase of 9.5% compared to the previous [Read more]
Cable Onda sells 80% of stock to Millicom
Cable Onda the largest provider of pay television and fixed telecommunications services in Panama, has sold 80 percent of its shares to Millicom International Cellular [Read more]
Infrastructure spending and debt get Assembly ok
PANAMA’S Government plans a spending binge on infrastructure projects to energize the economy and could increase public outlay this year by $300 million this year. After a [Read more]
Panama economy on sound foundations-IMF
The International Monetary Fund (IMF) says that Panama’s economy has solid foundations, but it showed a deactivation” in the first half of the year, with an [Read more]
Panama $1.4 billion bridge gets cabinet OK
Panama’s Cabinet has given the go-ahead for the $1.4 billion fourth bridge over the Panama Canal, as a “turnkey” project that will not be finished until [Read more]