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    Coronado Community News

    Panama Canal Lures Bidders

    Panama Canal Lures Bidders

    Nov. 15 (Bloomberg) -- The Panama Canal Authority said four consortiums submitted papers indicating they plan to bid on a $3.2 billion contract to install new locks in the waterway. The groups include 30 companies in 13 countries, the authority said today in an e-mailed statement. ...

    Panama-Coosemupar suspends delivery of bananas

    Panama-Coosemupar suspends delivery of bananas

    Since last Monday, Coosemupar (Cooperative of banana producers in Puerto Armuelles-Panama) suspended banana deliveries to Chiquita as a request of the Manager Hirisnel Sucre. One month ago, Coosemupar and Chiquita reviewed the business contract to improve its conditions and prices according to ...

    Panama's Inflation Rate Highest in 14 Years

    Panama's Inflation Rate Highest in 14 Years

    Nov. 15 (Bloomberg) -- Panama's inflation rose at the fastest pace in more than 14 years last month because of increased costs for transportation and housing and utilities. Consumer prices climbed 5.5 percent in October from the same month a year earlier, and rose 0.5 percent from ...

    Free Trade Pacts With Perú, Panamá and Colombia

    Free Trade Pacts With Perú, Panamá and Colombia

    International free trade received a big boost of support when the House of Representatives approved a United States trade agreement with Peru, an important goal for the government of Alan Garcia. Panama and Colombia are also awaiting similar decisions. The bipartisan ...

    Children's Orchestra Play Local Concert

    Children's Orchestra Play Local Concert

    With the ongoing commitment to benefit education and better opportunities for the children of Panama, the Coronado Club is hosting a series of concerts featuring the Children’s Orchestra of Panama,  Orchestra Juvenile Istmeña. The upcoming concert this coming Friday November 9th will ...

    Law 41 gives additional boost to real estate boom in Panama

    Law 41 gives additional boost to real estate boom in Panama

    Law 41', recently passed by Panama's National Assembly, created a stir throughout the region earlier this month as savvy investors recognized its potential to give a further boost to the already booming real estate market in the Republic of Panama. In addition, current sales prices are ...

    2, 000 Foreigners Deported in Panama

    2, 000 Foreigners Deported in Panama

    Panama, Nov 3 (Prensa Latina) Panamanian immigration authorities have deported all along this year 1,973 foreigners, mainly Colombians, for lack of economic solvency and false visas reasons, governmental sources reported Saturday. ...

    Panama to Celebrate Holidays after Mourning

    Panama to Celebrate Holidays after Mourning

    Panama, Nov 2 (Prensa Latina) Many Panamanians went to work on Friday deeply affected by the memory of their late loved ones, while others were overwhelmed by rising food and gas prices, but from tomorrow, they will enjoy a four-day national holiday marking separation ...

    Ghouls Golf at Coronado

    Ghouls Golf at Coronado

    The fun began late afternoon at the home of Donna and Dwight Anderson, where costumed friends showed up to register for an unusual game of golf. Played on Coronado’s par 3 executive golf course, ghouls, gypsies and hula girls came out for an exciting ...

    Panama to auction cellular licences by March 2008

    Panama to auction cellular licences by March 2008

      Panama will auction two new wireless licences at a minimum price of USD36 million each, in a bid to increase competition and encourage lower prices, writes Reuters citing a government statement. Michael Mihalitsianos, the director of the National Authority for Public Services (ASEP), ...

    Panama govt unveils terms for PCS mobile tender

    Panama govt unveils terms for PCS mobile tender

      The Panamanian government has issued the specifications for the tender to allow two new mobile phone firms to offer PCS services in Panama, reports La Prensa.   There are so far six interested companies - Luxembourg-based Millicom, Jamaica-based Digicel, Mexico-based ...

    Travel One to Hold Convention in Panama

    Travel One to Hold Convention in Panama

    Panama, Oct 30 (Prensa Latina) The International tourist network Travel One will celebrate its tenth anniversary in Panama, where it will hold the Extravaganza 2007 Convention at the Figali Center in this capital.   Hundreds of representatives from all 12 member countries of the ...

    Panama to Auction Cellular Licenses

    Panama to Auction Cellular Licenses

    Reuters reports Panama will auction two new cellular phone licenses to encourage competition, improve service and lower prices. Minimum bid will be $36 million each. The contracts will be awarded in March 2008, with the pre-qualification period already under way. A ...

    Panama Canal Railway Co assigned 'BB' rating

    Panama Canal Railway Co assigned 'BB' rating

      BANGALORE, Oct. 29, 2007 (Thomson Financial delivered by Newstex) -- Standard & Poor's (NYSE:MHP) Ratings Services said it has assigned its 'BB' long-term corporate credit rating to the Panama Canal Railway Co (PCRC) reflecting PCRC's aggressive financial profile, particularly its ...

    New Record: 25 Panamax Ships through Panama Canal in One Day

    New Record: 25 Panamax Ships through Panama Canal in One Day

    (U.S.) 202.326.1768 PANAMA CANAL AUTHORITY ANNOUNCES FISCAL YEAR 2007 METRICS CANAL SURPASSES 300 MILLION TONS CWT DOWN; TOTAL TRANSITS UP PANAMA CITY, Panama, October 29, 2007 – The Panama Canal Authority (ACP) announced its operational metrics for ...

    Timber Investments in Panama

    Timber Investments in Panama

    A tropical teak forest situated on the sunny shores of Panama can provide investors 15 to 20 percent returns on profits from timber and carbon credit sales through companies that offer a selection of investment options. Teak tree investors can get high yields in a short timeMost ...

    Halloween Golf Update

    Halloween Golf Update

    OK, here is the drill for the Wednesday-October-Halloween-Afternoon-Par 3-All for Fun-Theme-Golf Game-Plus Appetizer Social!!!!! For registration and creating the teams all golfers/caddies/etc. will meet at Donna & Dwight’s house at 2 PM on October 31st. (#101 Camino de Los ...

    Maiden Voyage Update!

    Maiden Voyage Update!

    Greetings "Cruisers"! After the announcement in our Pacific Playa Community news letter about the trip on RC's "Enchantment of the Sea's" 2008 trip, we found that you were very interested and your responds was incredible! Donna Anderson and Kathie Bishop have joined me and are ...