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Venezuela, Colombia woes hit Panama’s free trade zone

Panama City / BLOOMBERG Panama’s free trade zone — the biggest in Latin America — is in crisis in large part because of economic woes sapping major export customers Venezuela and Colombia, Commerce Minister Augusto Arosemena said. “The patient (the Colon Free Trade Zone) is in a coma because re-exports have gone down and some companies have closed,” he told ...

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Dilemma for US farmers: Which crop will lose the least money?

Bloomberg For farmers who grow some of the biggest U.S. crops, choosing what to plant this year has become a bet on which one will lose less money. A three-year plunge in prices has sent farm income to the lowest in more than a decade and left parts of the Midwest agricultural economy in recession. While growers probably would lose ...

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Emirates extends network to Yangon and Hanoi

Dubai / WAM Emirates will launch a daily service from Dubai to Yangon (RGN) in Myanmar and Hanoi (HAN) in Vietnam, starting August 3, 2016. Utilising a Boeing 777-300ER aircraft in a three-class configuration, this new route will strengthen Emirates’ network of destinations in Southeast Asia, offer a new flight option to passengers travelling between Hanoi and Yangon, and open ...

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