(International Living) Looking to do business in Panama? Recent news bodes well for potential importers and exporters. International news media are reporting apparent progress on a long-awaited Panama-U.S. Free Trade Agreement (FTA). U.S. trade representatives and Panama’s Minister of Trade and Industry announced in December 2007 that, after three years, negotiations … [Read more...]
Turkey to build waterway to rival Suez and Panama canals
(Global Post) Turkey has announced a plan to build a huge new waterway to rival the Suez and Panama canals, linking the Black and Mediterranean Seas, to divert shipping traffic from the Bosphorus strait. Turkish Prime Minister Recep Tayyip Erdogan announced the project Wednesday less than two months before national elections, VOA reports. "Today we are rolling up our … [Read more...]
Economic activity in Panama grows 9.9 percent in February
(Prensa.com) Panama's economic activity grew in February at its fastest pace in two years. But this accelerated pace is fueling fears of a rise in inflationary pressures. On Tuesday, the Panamanian government informed that the country’s economy showed 9.9 percent growth this past February, as compared to February of 2010. The strong economic growth, which is expected … [Read more...]
Martinelli departs for official mission to U.S.
(Prensa.com) President of the Republic, Ricardo Martinelli, is set to travel on official mission this afternoon, Tuesday, April 26, accompanied by First Lady Marta Linares de Martinelli, to the city of Washington D.C., United States (U.S.). The agenda for this mission includes several meetings and events between Wednesday, April 27 and Friday, April 29, including a … [Read more...]
Panama beyond the canal
(Canada.com) When my friend Mary took us to the Miraflores Locks, one of the three locks that comprise the Panama Canal, she chose not to stay with us. "I've been there too many times," said the Ottawa native who now lives in Panama. That afternoon in the visitors' centre, standing only metres away from the freighters and cruise ships making their way from ocean to … [Read more...]