The Panamanian electric power generation company Electron Investment (EISA) placed corporate bonds for 205 million dollars. The securities accrue three-month Libor interest rate plus an applicable margin of 3.75% per annum and have a maturity date of July 17, 2030.
Panama-based coffee company Ninety Plus says it has broken its own world record for most expensive coffee ever sold, sending green coffee to Espresso Lab in Dubai (UAE) for $10,000 per kilogram ($4,535 per pound). It practically doubles the $2,273 price record for green coffee, which came from a 2017 Ninety Plus auction.
The top of Volcán Barú in western Panama is one of the few places in the world where it is possible to see both the Atlantic and the Pacific oceans at the same time. But the spot, with regular rainfall and cloud cover, and nutrient-rich volcanic soil that is naturally good for drainage, is prized for another reason: coffee production. The area’s geisha variety, maintained and handpicked by the Indigenous Ngäbe and Buglé communities, is one of the priciest coffees in the world at more than $1,000 per pound unroasted.
The Most Admired Companies in Central America have earned recognition from the business world of the region for three distinctive factors: the quality of their internal management, the quality of the products and services they produce, market and distribute and, finally, for their ability to attract, retain and develop talent, confirms a recent study carried out by E&N and by the international consulting firm Skaleno Advisory.
After almost three years of construction, the company Island Power, S.A. (IPSA), starts up the Santa Fe LNG Power Plant project, the first isolated liquefied natural gas (LNG) regasification station in all of Central America and the first generation plant with natural gas-based internal combustion engines in Panama.
Pearl Island is the third largest island in Las Perlas Archipelago. Recently developed in the island is an incomparable luxury resort and residential complex waiting to be discovered.
Panama’s premier specialty coffee company Café Unido is opening a second location in Northwest, Washington, D.C on Tuesday, November 1.
The second location was originally slated to be a Unido Roastery set nearby Latin lifestyle market, La Cosecha. While those plans are currently on hold, the team is taking up the space at 901 W NW.