Chuck Bolotin writes in The Street about 5 individuals who represent Panama’s vibrant economy. There are many more great people here and it would take a book to tell all of their stories. Panama hasn’t always been in the news for the best reasons lately, but the country is doing many things right for business, and […]
Sabrina Martín writes in the PaAm Post of Panama’s continued prosperity during a challenged time in the Americas. The entire economy in Latin America and the Caribbean will suffer a 0.5 percent contraction in 2016, while Panama, a small Central American country, is the one that will grow the most as estimated by the International […]
This news is good news for Chiriqui. The government is analyzing a proposal put forward by Del Monte to revive banana production in the area, which would involve an investment of $126 million on the part of the company. The Minister of the Presidency, Alvaro German, told Prensa.com that “… the negotiations with the company […]
Consideration is being given to removing the ceiling of 500 kW in installed capacity for solar power plants producing energy for self consumption. The proposal by the Public Services Authority (ASEP) emerged as a result of the public consultation which was carried out on the rules to generate solar power for self consumption by households […]
The governments have announced the beginning of negotiations to sign a bilateral agreement to exchange tax information which will include an exchange format based on the OECD standard. Varela’s announcement came as part of the visit to Japan to sign a financing agreement worth up to $2.6 billion to build Metro Line 3. The agreement […]
Central America Data . Com put out this interesting Editorial about how real entrepreneurs and CEOs do not need a state official, who will never be an entrepreneur, to tell them how to run a company and increase revenues. EDITORIAL In Costa Rica, the government continues to believe that state officials can show employers how […]
Nick Giambruno, Senior Editor at Casey Research reports on FATCA and what might be next with the US Government in its move to expand the “new rules” it has implemented on the world banking systems. If you’ve never heard of the Foreign Account Tax Compliance Act (FATCA), you’re not alone. Few people have, and even […]
Amid the controversy generated by the Panama Papers, the Financial Action Task Force in Latin America has recognized the efforts made by the country in issues of transparency. From a statement issued by the Latin American Financial Action Task Force (GAFILAT): “… Relationship of the current situation with the Evaluation of Panama: Panama is a […]
Here is a great article reported by UPI about this archeological find. For the first time, a monkey fossil dated prior to the formation of the Isthmus of Panama has been discovered in North America. The fossil was excavated after being exposed during the Panama Canal expansion project. The Isthmus of Panama first rose from […]