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Panama – Argentina Tax Information Exchange

From 2018 an agreement will be in effect on the exchange of financial and tax information of accounts of Argentines in Panama and of Panamanians in the South American country. From a statement issued by the Federal Public Revenue Administration of Argentina: Starting next year bank account information will be accessible The federal administrator of […]

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Documentary about Capuchin friar’s work in Panama

This looks to be a great movie. The internationally acclaimed film, directed by Kurt Sensenbrenner and Colin Sytsma, takes you to eastern Panama, where decades of government corruption and neglect have impoverished the region. But thanks to the tireless efforts of Kasuboski, a Capuchin friar, to build infrastructure, protect watersheds, and conserve the rainforest, life is […]

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Chicago gay couple fights for marriage rights in Panama

While this month’s United States pride festivities will take place for the second year in an era of marriage equality, for LGBTQ communities living in Panama it is still a dream. However, it is one that is not only seeing unprecedented support in the traditionally Catholic Central American country but has now advanced to Panama’s […]

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The Long Awaited Tender for Tocumen’s Duty Free Spaces

Finally,the process starts to tender commercial spaces in Terminal 1 of Panama City International Airport. Among the companies that have expressed their interest to the administrators of Panama City airport are DFS, Duffry, Duty Free America, Heineman, DFAASS, Legarde, Penna and Flamingo. The commercial vice president of Terminal 1, Franklin Carrillo explained to that “… starting today, […]

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Central America: Fuel Prices up to June 5

Price of gallon of regular gasoline: Costa Rica $3.90, Nicaragua $3.69, Honduras $3.64, Guatemala $3.13, El Salvador $3.13 and Panama $2.74. The reference prices for liquid fuels in El Salvador are being affected by an upward trend due to recent events that revolve around the latest OPEC meeting, where the 14 member countries along with […]

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Who Wants to Build Line 3 of the Panama Metro?

Nine consortiums from China, Italy, South Korea, Spain, Brazil and Portugal want to be prequalified to design and build Line 3, which has $2.6 billion in financing. From a statement issued by Metro de Panama: Companies that participated in the prequalification ceremony on Friday, June 2:  1.  Consorcio HP Joint Venture: Hyunday Construction (South Korea) Posco […]

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A $35 million Agro-Park in Panama

The first stage of the project includes infrastructure for the industrial production of strawberries in greenhouses, and a second stage will involve establishing a free zone for logistics services and distribution. The project, which according to its representatives requires an investment of $35 million, is being developed in Volcán, Chiriqui province. The owner of Agroparque Volcán, […]

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