Home for Sale in Alto Boquete – Asking $159,000


News from Panama

This is a recently built home that has never been occupied.  It has 3 bedrooms and 2 baths, living area, dining room, kitchen laundry room and covered carport.  Enclosed area is 1,168 square feet. Total area is 1,560 square feet.  See a drone aerial video here Living area is very spacious and there are lots of windows. […]

March 3, 2020

Palau, Liberia, Marshall Islands and Panama Unite on Sanctions


News from Panama

Vessels which violate the current United Nations Security Council Resolutions (UNSCRs) on trading with North Korea will not be registered with the Palau International Ship Registry (PISR). The announcement comes as the registry unites with Liberia, Marshall Islands and Panama on the issue. Palau International Ship Registry (PISR) on January 21, 2020 joined the Memorandum […]

February 26, 2020

Panama economy heading towards 5.5% growth — IMF


News from Panama

Panama”s economy is is advanced “in its recovery process”. and ”we expect economic growth for 2020 to reach 4.8% and climbing said The International Monetary Fund (IMF) following an on-site evaluation. “We see that there is a clear recovery in the economy. We expect that economic growth for this year will be of the order […]

February 26, 2020

Endorsement to Final Beneficiary Registry


News from Panama

The Assembly of Panama approved in third debate the draft law that creates the private and unique system of registration of final beneficiaries of legal entities. Chapter II of the document, on Registration of Resident Agents, stipulates that any lawyer or law firm providing professional services as a resident agent for one or more legal […]

February 26, 2020

Solar Energy: $50 Million Investment in Panama


News from Panama

AES Panama announced that during 2020 it will invest in the construction of four photovoltaic parks, which will have an installed capacity of 10 MW each. The development of the parks that will be located in the provinces of Herrera, Los Santos and Chiriqui, will be in charge of Elecnor S.A., the company to which […]

February 26, 2020

Panama and Cuba talk about regional situation


News from Panama

The President of Cuba, Miguel Diaz-Canel has affirmed that he treated the regional situation with the Secretary General of the Democratic Revolutionary Party of Panama, Pedro Miguel Gonzalez.   ‘I held a dialogue about the international situation with Pedro Miguel Gonzalez,’ Tweeted Diaz-Canel. According to the web site of the Cuban Presidency, Diaz-Canel and Gonzalez […]

February 26, 2020