With the world's second-largest free-trade zone, Latin America's fourth-busiest airport, four container-vessel seaports, the Pan-American Highway and numerous free-trade agreements, Panama is on its way to becoming the Singapore of the Americas.
PANAMA CITY – Panamanian authorities have released 32 of the 35 North Koreans detained since July after an undeclared cargo of Cuban arms was found on their ship, prosecutors said Thursday.
Work on expanding the Panama Canal will continue through at least next week after the construction consortium officially extended the deadline until Feb. 1 to resolve a dispute over $1.6 billion in cost overruns. The deadline had been set for this past Monday.
While Costa Rica remains Central America’s top tourist destination, the region’s six other countries are vying to lure tourists and increase revenues by aggressively investing in airports, cruise-ship facilities, hotels and other tourism infrastructure. Here's a comprehensive rundown.
Work to enlarge the Panama Canal will be completed in 2015 no matter what, Panamanian Finance Minister Frank De Lima said Wednesday, despite the continuing feud over cost overruns with contractor GUPC.
A consortium working on expanding the Panama Canal proposed Monday that local authorities co-finance a huge budget gap that sparked a bitter dispute threatening the project.
PANAMA CITY -- Work on expanding the Panama Canal went ahead at a reduced pace Monday despite the builder's threat to shut down the project over huge cost overruns, officials said.
Work to expand the Panama Canal will proceed despite a financial dispute that could derail the project, an official managing the major waterway said Saturday ahead of a key deadline.
