Canal expansion consortium must repay $847 million
Grupo Unidos por el Canal (GUPC), the consortium that built the expansion locks of the Panama Canal must return $548...
BUSINESS
Bank expansion deal formalized
Global Bank reported on Monday, December 10 today that it has formalized the $245 million acquisition of 99.97 percent of...
Finance company with tourism slant
CUV Ventures Corp.the Canadian listed company has announced that it has begun operations of the wholly owned subsidiary RevoluFIN...
Panama Shipyard Fires 40 Workers
The immediate firing of 40 employees by the Mec Shipyards consortium , which operates the Balboa shipyard, on November 6,...
Panana Canal and people urgently need more reservoirs
WHILE the trade war has not yet affected the Panama Canal its future depends on the water supply that maintains...
Panamas search for tourism Holy Grail
A SPANISH consulting company will receive $127,000 to update Panama’s Tourism Master Plan 2007-2020 in recognition of the reality that...
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...
Goodtimes challenges for Panama Canal
LEVELS of traffic in the Panama Canal have already reached the figures expected to be reached in 2020. If the...
Fare challenge as Metro Line 2 near completion
PANAMA’S Metro Line 2 is 85%\complete as the reigning administration pushes for it to be at least partially operational in...
New opportunities for tainted contractor
The besmirched Brazilian construction giant Odebrecht, which confessed to paying scores of millions in bribes to obtain previous contracts is back...
Chinese company back in power line bid
The China Electric Power company which had been disqualified from participating in the tender for the construction, financing, and operation...
Mexico-US NAFTA deal snubs Canada
The United States and Mexico announced a preliminary deal on Monday, Aug 27 to change the North American Free Trade...
