The Ironman geisha coffee came in first at the 17th annual Best of Panama tasting competition. Produced by the Roberto Brenes farm, Ironman took best with a score of 91.7031, followed by Alpes Janson of Carl Janson with 90.7500 and Esmeralda Special Cañas Verdes of Price Peterson with 90.4219. Pacamara Don Julian Heakyung Kang Burneskis and Esmeralda Special…
The first of the Panama Metro cars was loaded onto a container ship in Barcelona, and is scheduled to arrive in June. Built by French company Alstom in Barcelona, the 19 trains will initially have three cars a piece, with a capacity for 250 people per car. Each car is 56-feet long by 12.5-feet high by 8.8…
Newland International Properties Corp., the developer of the Trump Ocean Club International Hotel & Tower in Panama, filed for Chapter 11 bankruptcy protection on Tuesday with plans to restructure. According to court papers, Newland has secured the support of 62% of its secured note holders for a restructuring plan that would repay their $220 million…
The National Institute of Aqueducts and Sewer Systems announced that it will build a water ring to resolve the water supply issues in Panama East. The $200 million project will carry water from the Chilibre plant to Tocumen and calls for back-up lines and 300- to 400-foot deep wells. Contractors will use satellite technology to determine…
Panama’s Chamber of Commerce, Industry and Agriculture says that the business sector will lose $3.7 million a day to the energy rationing program. The government recently ordered that businesses cut air conditioning use between 11 a.m. and 3 p.m. and that supermarkets, movie theaters, bars, casinos and nightclubs close from 10 p.m. to 6 a.m.…
The first delivery of the Penonome Wind Farm turbines arrived this week. Developed by Union Eolica Panameña, the Panamanian subsidiary of Spain’s Unión Eólica, the 220MW project is the first of its kind in Panama and will be the largest in all of Central America. Goldwind, China’s largest wind-turbine maker, is supplying 25 percent of the equipment. Construction…
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