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index-November-2008-1.html English News Blog for  Panama English News Blog November Archive 

British company transforms US base into residential and commercial complex

11/18/08 03:04

When an old US base stands idle in a corner, what do you do with it? Make sure that it will turn into a lucrative source of income for the country!

That's exactly what the British company London & Regional Company is doing right now, turning an old US air base in Panama into a residential and commercial complex. More on this here at Google News.

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Free-trade agreement between Panama and Canada nearing completion

Good news for Panama: free-trade agreements between Panama and Canada are already nearing completion, after years of meeting and consultation.

Among other similarities, Panama and Canada have discovered that they have very similar banking systems, which happen to be more conservative. Having this similarity will be useful for having a joint solution to the global economic crisis.

More information about this update can be read here at Canada.com

News: Trade progress pleases Panama

More Ports for Panama

This coming December, additional infrastructure to accommodate new cruise ships to the country will be finally finished. This is still part of the country's efforts to establish Panama as a regional and global tourist destination. Right now, the Panaman government has closed deals with at least 20 cruise shipping lines, which means at least 40 cruise ships visit the country.

News: Panama signed an agreement with cruise ships companies - {Travel Daily News}