(NYTimes) AT the crossroads of two oceans and two continents, Panama City is a dynamic metropolis. That’s never been truer than it is today. Everywhere in this steamy, tropical town are foreign investors talking shop in upscale cafes, expat fortune-seekers toasting their fates in wine bars, cranes stalking the rooftops of a skyline that seems to grow before your eyes and — … [Read more...]
Panama ports the busiest in the region
(Prensa.com) Panama ranked first in container port traffic for Latin America and the Caribbean during 2010, moving 5.5 containers among its ports. That was the highest total among 20 major container ports in the region. The 2010 ranking, prepared by the Economic Commission for Latin America, indicated that container activity in the region increased 21 percent in 2010, a … [Read more...]
Panama predicts 5 percent inflation this year
(Panama Digest) Panama government projections initially set inflation at three percent for 2011. Now, it will be more like five percent due to the global increase in petrol prices, Minister of Commerce and Industry Roberto Henriquez revealed during an RPC radio interview Sunday morning. “The situation is hitting Panamanian pockets hard,” he said. He also explained … [Read more...]
Changes made for Centenario bridge rush hour traffic
(Prensa.com) The Ministry of Public Works has announced that it will change the traffic patterns on the Centenario Bridge starting Monday. According to the ministry, from Monday to Saturday there will be three lanes open on the bridge to accommodate rush-hour traffic. From 5:30 a.m. to 9 a.m., there will be two lanes open heading into the city, and one lane heading to the … [Read more...]
Murals are painted for the second time on old U.S. Embassy in Panama
(Prensa.com) On Saturday April 2 activists held a similar activity and painted murals remained intact during the week until yesterday, Friday, were covered with white paint as artists. For this reason, the group calling itself The Collective, "came back with paints and brushes to redo the work. Henry Lombard, a spokesman for The Collective, said that with "the second … [Read more...]