Panama

SeaTrade: Pacific coast of Americas could be next big cruising destination

  The Pacific Coast may well be the next big thing in cruise, according to the Rise of the Pacific Coast of the Americas panel at the Seatrade Global Cruise event in Miami last week. Moderated by Anne Kalosh from Seatrade Cruise Review, the panel featured John Binkley, Cruise Lines International Association Alaska; Phil Crannell, Ports & Maritime Group […]

Waked sues National Bank of Panama for losses due to actions taken after company was listed on US Clinton list

Abdul Waked, founder of former leading travel retail company Grupo Wisa, has filed a multi-million-dollar lawsuit against the National Bank of Panama (BNP), claiming damages, loss and loss-of- profit stemming from actions taken after Waked and his businesses were included by the U.S. Treasury Department on the “Clinton List” for activities linked to money laundering […]

Motta Internacional and Duty Free Americas win duty free concessions for T2 at Tocumen International Airport

Motta Internacional and Duty Free Americas have each won a block in the duty free tender at Tocumen International Airport’s Terminal 2. The 10-year contracts cover the operation of multi-category duty free stores in Tocumen’s new terminal, which is scheduled to open in the first semester of 2019. The new terminal will increase capacity at […]

Erasmo Orillac: Motta prepared to defend its turf at Panama’s Tocumen Airport “if it makes economic sense”

  Following Albert “Pancho” Motta’s tragic death last year, Motta Internacional has now reassigned some roles within the company in some of the businesses outside of Motta Internacional. “We all miss Pancho terribly but we are organized to go forward,” said Motta Internacional CEO Erasmo Orillac. Under the Attenza Duty Free brand, Motta currently operates […]

Tocumen tender announced

Tocumen SA, the airport management company at Panama’s leading international gateway is set to confirm details of the duty free tender for the airport’s North Terminal. After 2 years of planning with London based Pragma Consulting, Carlos Duboy, the recently appointed airport general manager has published the initial tender details and is expected early next […]