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Many others also moved to Panama City as economic conditions in Colón worsened considerably and job opportunities with the Panama Canal grew more limited. After the 1979 reversion, the township's name was changed to Arco Iris, the Spanish translation of "Rainbow", and a name which the area retains to this day.
Panama City, [4] also known as Panama (or Panamá in Spanish), is the capital and largest city of Panama. [5] [6] It has a total population of 1,086,990, [1] [7] with over 2,100,000 in its urban area. The city is located at the Pacific entrance of the Panama Canal, in the province of Panama. The city is the political and administrative center ...
A second paper, also publishing daily except Sunday, was the Panama City Herald, founded in 1935 under the direction of John H. Perry with editorship by Charles T. White. In 1937 the two papers merged as The News Herald , printing daily except Sunday by Bay County Publishers.
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