Panama seeks to be a destination for investments

Panama seeks to be a destination for investments

Panama requires local and foreign investment to help shore up the economy with higher long-term sustainability, said the president of the Union of Industrialists of Panama (SIP), Ricardo Sotelo. Sotelo recommends a type of investment that remains in the country and cut capital flight. It indicates that the country should promote a comprehensive strategy that Read more about Panama seeks to be a destination for investments[…]

Free Zone in Panama potentialities

Free Zone in Panama potentialities

Potentials of the FTZs in the technology sector, “was the keynote of the Deputy Minister of Foreign Trade, Nestor Gonzalez, during a meeting organized by the Panamanian Chamber of Information Technology, Innovation and Technology (CAPATEC). According to Deputy Minister González, Law 32 of April 5, 2011 on Free Zones, the legal framework is that many Read more about Free Zone in Panama potentialities[…]

ACP will conduct a national tour of 101 years of the Canal

ACP will conduct a national tour of 101 years of the Canal

On the occasion of the celebration of the 101 years of opening of the Panama Canal, over 15 thousand students from different parts of the country will benefit cultural educational activities, and the screening of the film Historias del Canal. The national tour will begin on Monday, August 3 in Columbus and will last for Read more about ACP will conduct a national tour of 101 years of the Canal[…]

The top 10 ports in Latin America

The top 10 ports in Latin America

#1. Port of Balboa (Panama). With a flick of 3388.4 thousand TEUs (twenty-foot equivalent units), the terminal port ranked first in the Port Quality index reaching 80.89 points. The port has announced an investment of US $ 500 million for ten years. (Foto:skyscrapercity.com) #2. Port in Santos (Brazil). With 80.4 points in Port Quality Index Read more about The top 10 ports in Latin America[…]

Panama Canal Expansion 91.3% advance recorded

Panama Canal Expansion 91.3% advance recorded

A quarterly report Panama Canal recorded 91.3% of overall progress in the expansion project until 30 June. The report details that have been achieved milestones such as filling the locks and the first tests of the gates. Also reveals 90% of progress in the project design and construction of new locks, the main component of Read more about Panama Canal Expansion 91.3% advance recorded[…]

Israel and Panama negotiated an FTA

Israel and Panama began yesterday the third round of negotiations aimed at forging a Free Trade Agreement (FTA), according to diplomatic sources in the Central American country, it may be concluded later this year. Negotiations take place from today until Thursday at a hotel in Jerusalem, under the direction of the Deputy Minister of Trade Read more about Israel and Panama negotiated an FTA[…]

The Panama Canal restrict the draft of ships if the drought persists

The Panama Canal administrator, Jorge Quijano, said today that it is possible that the passage of ships through the waterway as a result of reduced rainfall caused by the El Niño phenomenon is restricted. The executive said in an interview on Channel 4 of the Panamanian television that users are informed of the possible restriction Read more about The Panama Canal restrict the draft of ships if the drought persists[…]