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

APM-Terminals-Corozal

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

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

Panama’s EXPOCOMER 2014- A Continuing Success

ExpoComer's brochure.

ExpoComer’s brochure.

Probably the most well attended International trade convention in the Western hemisphere, Panama’s Expocomer is, again, opening its doors to the world of international trade this week in Panama. Location: Atlapa Convention Center Dates: March 26 – 29 2014 (wednesday thru Sunday).  Times: March 26 – 28: 1 PM – 8:30 PM; March 29 11 AM – 7:30 PM. Continue reading

The “Dubai of Latin America?” Part II

The controversial hidro electric project at Barro Blanco (Panama) has prompted energetic opposition from the Indigenous Ngobe Bugle people who reside there with corresponding governmental repression.  Image.

The controversial hydro electric project at Barro Blanco (Panama) has prompted energetic opposition from the Indigenous Ngobe Bugle people who reside there with corresponding governmental repression. Image.

The Melting Pot

The geopolitical status and demographics in Panama and Dubai have few similarities. Both states have been naively labeled as “melting pots” but, as we may guess, this is an absurd and inaccurate term. The population of Panama since the last census is just over 3.5 million people, while Dubai is 2,103,177 million at last count and the greatest amount of growth has been seen in the last ten years. Continue reading

The “Dubai of Latin America?” Part I

F & F Tower, or “The Screw” (no pun intended), 6th tallest skyscraper in Panama.

Burj al-Arab in Dubai. Luxury hotel. Image thanks to jumeirah.com

Burj al-Arab in Dubai. Luxury hotel. Image thanks to jumeirah.com

These days in Panama as well as abroad, we are hearing the expression “The Dubai of Latin America” and I cannot help but smile and observe how most folks simply accept this notion without really questioning its veracity. First of all, many Panamanians of average intelligence and educational background cannot tell you where Dubai is and, secondly, they haven’t the foggiest notion as to how it is that Panama has come to be viewed as The Dubai of Latin America when a couple of years ago they never knew of the existence of this place. Continue reading