Between January and March of this year, 130 million kilograms of pork were produced in Panama, and the price per pound paid by consumers exceeded $4.25.
Production in the first quarter of 2018 amounted to 130 million kilos, and slaughters exceeded by 4% the figure reported in the same period in 2017, according to figures from the Comptroller General of the Republic.
Between January and September of this year, the energy supply grew by just 1.7% compared to the same period in 2016, led by renewable energy sources.
Figures from the Comptroller General show that up until September 2017, the supply of energy this year stood at 7,912,784 kWh, while in the same period last year total availability was 7,778,238 kW.
The Tourism Authority in Panama estimates that the supply of residences in the country that are rented out to tourists now represents 20% of hotel occupancy.
Hotel occupancy remains at the same levels as a year ago, around 50%, according to data from the Office of the Comptroller General of the Republic. According to hoteliers and the Tourism Authority of Panama (ATP) itself, it has not been possible to improve the figures due to an increasing supply of vacation rentals, an activity which has been banned since 2014 under Law 80.
At the end of the first quarter, the value of new construction, additions and repairs amounted to $796 million, almost 20% more than in the same period in 2016.
The value of new construction, additions and repairs recorded in April was $226 million, an increase of 47% compared to the value registered in the same month in 2016.
At the end of the first quarter, there were 71,043 new employment contracts, 3% more than in the same period in 2016.
The latest report by the Comptroller General of the Republic states that in March, 28,355 new labor contracts were registered with the Ministry of Labor, 22% more than in March of the previous year.
University infrastructure in Costa Rica, and road construction and office building in Panama, are some of the public infrastructure projects planned for the coming months in the region.
CentralAmericaData's information system "Construction Projects in Central America,", compiled by the Business Intelligence Unit,provides an up to datelist of public and private construction projects for which environmental impact assessments (EIAs) were submitted to Institutions in each country in February 2017.
The value of building permits that were processed five years ago in the districts of La Chorrera and Arraiján amounted to $208 million, while the figure at the end of 2016 is estimated at $313 million.
Growth in real estate development in Panama West could be further enhanced once Line 3 of the Metro starts to operate, and the fourth bridge over the Canal has been built.
Between January and October of this year 56,976 new vehicles were registered in the country, 3.5% more than in the same period in 2015.
The growth rate in the first ten months of the year contrasts with the growth rate registered in September, which was 8%.
Of the total number of registered vehicles during the first 10 months of the year, 42% were regular cars, 3.7% luxury cars, 29% SUVs, 1.7% minivans, 2% vans, 14% pick ups, 2.3% buses, 3.4% trucks, and 0.40% were others, according to figures from the Office of the Comptroller General of Colombia.
The movement of bulk cargo in the port system of Panama in the first half of the year fell by 21% compared to the same period in 2015.
Between January and June the transport of containerized cargo fell by 15% compared to the same period in 2015, according to figures from the Office of the Comptroller General of Colombia.In the case of general cargo, there was an increase of 13% compared to the same period in 2015.
In the 2015/16 cycle 2,261,000 hundredweight of dry grain was harvested, 27% less than in the 2014/15 harvest and the lowest figure since 2011.
Lack of access to financing and the El Nino weather phenomenon are the two main reasons behind the decline in the grain harvest, according to Valentin Dominguez, president of the Corn Growers Association in the Province of Los Santos.
Suffering from an attack of Burocratitis, perhaps passed on by its neighbor Costa Rica, Panama has added almost 10,000 people to the list of civil servants on the government payroll in the last year, which is an increase of 8% in state spending on wages.
The nominal increase in spending on wages of state employees was $17.8 million between April 2015 and April 2016, according to data from the Comptroller General of the Republic.In terms of the number of officials, the growth rate in April 2016 compared to the same month in 2015 was 9,925 people or 4.8%.
A $7.6 million contract has finally been endorsed for the design of the Children's Hospital, nearly six months after it was awarded to the companies Pinearq, S.L.P. and Ayesa.
From the delivery of the order to proceed, the consortium "Diseño Hospital del Niño" will have nine months to design and make the construction plans for the medical center.
The boom in housing construction does not compensate for the lack of new large projects that require stone, sand and cement produced from non-metallic mining.
An article on Panamaamerica.com.pa reports that "...The reduction in sales of the building materials they produce (stone, sand and cement) is remarkable, as pointed out by some members of the sector, a fact which is heavily affecting their income, to the point that some are thinking of giving up the activity. "
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...
The lots are large, 3,000 – 5,300 sq mts with prepared building sites, all with beautiful ocean views, water and power to the site. Financing Convenient location; 10 minutes from Berlin and just 30...
Prime Lake Front Real Estate near ATENAS: Available for Development. An extraordinary commercial real estate opportunity has just become available. The property is a mere two minutes or 0.9 miles or 1.5...
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...
Colombian company with more than 30 years in the market develops technological solutions that allow to manage in an integrated and timely way investment portfolios. Solutions to manage investment portfolios, investment...
español
2497