Panama Coffee Sets New Record
Coffee from a Panama farm has set a new world record for the highest price ever paid for coffee, beating the price paid for a Panama variety two years ago. A buyer in Dubai paid $10,000 per kilogram for the…
Read MoreBreaking News: Beach Club Residences Almost 90% Sold Out
We can now say, without a doubt, Beach Club Residences on Ocean Reef islands has been one of the most successful projects in recent Panama history. After less than a year, 90 percent of the project has been sold and…
Read MoreMillicom Expands Investment in Panama
Luxembourg-based media conglomerate Millicom plans to invest another $750 million in Panama, as it continues to grow its Latin America presence. The company has already spent more than $2 billion to acquire Cable Onda, the leading cable operator in Panama,…
Read MoreWork Set to Begin on Fourth Bridge Over Canal
After years of planning and anticipation, construction work is formally set to begin on a fourth bridge over the Panama Canal. A consortium of the Chinese Communications Construction Company LTD and China Harbor Engineering Company will begin the rock excavation…
Read More