The Corozal Port Project- An Update

Corozal Port. Image

Corozal Port. Image

Finally, the Corozal port project is beginning to take shape. Despite opposition has presented this work by some political representatives in the National Assembly and some port agents, the Panama Canal Authority (ACP) hopes to accelerate the process of this new port terminal in the Panamanian Pacific, which has received to date the interest of 11 port operators in the pre-qualification stage companies, which closes on 29 January. Continue reading

Turkish Airlines Will Now Operate Direct Flights to Panama

Image from

Image from

Joining the list of nations that are flying direct to and from Panama, Turkish Airlines will now destine direct flights beginning in February of 2016. Officials at Tocumen Airport (PTY- Panama) informs us that the airline will be using Boeing 777-300ER aircraft with an initial frequency of three flights a week. Continue reading

Now Dubai’s Emirates Airline to Fly Non Stop to Panama

EmiratesairlinesThis was great news for all travelers to and from the Royal Emirates to Panama.  I just had to re-print it here from this article.

“Dubai (AFP) – Dubai’s Emirates Airline announced Thursday it will launch the world’s “longest non-stop flight” in February from the bustling Gulf emirate to Panama City, lasting more than 17 hours.
The carrier will fly daily to Panama’s capital in a passenger flight operated by a Boeing 777-200LR aircraft which can also carry up to 15 tonnes of cargo, Emirates said in a statement. Continue reading

A Setback for the Corozal Port Project


Image and source article thanks to La Prensa.

Many companies have been keenly interested in participating in the bidding to build and operate the port of Corozal on the Pacific side, and APM Terminals, a business unit independent of Maersk Group based in Denmark, confirmed that it expects the convening of the Panama Canal Authority (ACP) to present its proposal. APM Terminals, based in the Netherlands, is one of the leading port operators in the world with a presence in many of the port terminals of Europe.The Panama Canal administration (ACP) had announced that possibly in April it would open bidding for the Corozal port container terminal, thus becoming the third most important Panamanian port on the Pacific side. The project, however, experienced a delay when Panama’s National Assembly did not approve the bill equating tax rights of this terminal with the other operators last week. Continue reading

Online Sales, Colon Free Zone’s New Committment

Image from our friends at ColonTours.

Image from our friends at ColonTours.

E-commerce has a grand potential to revive re-exports in the Colon Free Zone whic, in 2014 fell an astounding 11.5%. This proposal is being made by the management of the Free Zone, which not only foresees all the commercial movement that e-commerce can generate for existing businesses, but all the business potential that companies like Amazon can attract. Continue reading

Tea Consumption in Panama is Becoming a Tasteful Habit

teapot-sugarTo all of our readers we extend a warm Happy New Year for a prosperous 2015!

In Panama we are experiencing a surprising growth in the tea market and those who are betting on this business argue that the secret to their success is in the way it is served and the care that is given to the customer. Tea, one of the most consumed beverages in the world, is only preceded by water and coffee.  It dates back to China when it was a drink of medicinal use, later came to Europe and North America. Continue reading

VivaColombia, New Competition for Panama’s Travel Industry

VivaColombia- sleek and modern aircraft.

VivaColombia- sleek and modern aircraft.

The seating seems comfortable and roomy by industry standards.

The seating seems comfortable and roomy by industry standards.

Panamanians and all those who reside in Panama have new options to visit other countries now. While in recent years Panama has added air routes to Spain and France, the window now opens to incorporate growth flights to nearby destinations like Colombia. Competition is most assuredly showing an impact on rates, making them more accessible for travelers.  Continue reading

COPA Airlines Initiates Flights to Georgetown and Fort Lauderdale

copa-airlinesCOPA Airlines (Compañia Panameña de Aviación), subsidiary of Copa Holdings, SA, and member of the global airline network Star Alliance, began its direct flights to the cities of Georgetown (Guyana) and Fort Lauderdale, Florida (USA), from its Hub of the Americas International Airport Tocumen on July 11, 2014, connecting with their services along the American continent. Continue reading

The Critical Need for Skilled Labor in Panama

The new Metro Project in Panama was a good example of how the country had to import skilled foreign labor to meet the demand.

The new Metro Project in Panama was a good example of how the country had to import skilled foreign labor to meet the demand.

In a recent article in Martes Financiero, the author cites a report regarding the important social and regional inequalities in Panama that have created a critical lack of qualified labor to fill the country’s need for trained personnel in many fields. Continue reading

Fiesta Afro 2014- Afro Fest Panama

FIESTA-AFRO-_-PANAMÁAside from the Afro Heritage Parade in Colon (Desfile de la Etnia Negra), this year Panama’s Casco Viejo will host the Arte en la Plaza- Fiesta Afro 2014.  It promises to be a decent cultural display dedicated to Panama’s Black Ethnicity Celebration which is being observed during the month of May.

Date: Saturday, May 31, 2014

Time: 4PM

Place: Plaza Catedral Casco Antiguo

Cost:  FREE!!!

Activities:  There will be stands for artisans, photographers, painters, dance (Afro dances), and an offering of many different West Indian (Afro Antillano) products.  Don’t miss it!