Lyna Lam, a contributing writer to The Vector tells of her first trip and experience in Panama. I didn’t tell many people about me going to Panama because I had been unsure myself if I was going; I was paranoid about some random occurrence preventing me from going, but then I found myself writing this […]
We just sold our large 8 bedroom 8 bath villa and now we are in the process of subdividing this beautiful villa that is just steps away and directly across the street from the generous gym and spa facilities in Valle Escondido. Now – Two Villas For Rent in Valle Escondido We just finished […]
Thanks and a hat tip to Chip Pickard for this excellent article. There is no other way to put it: Panama is booming. This year the economy is expected to grow by 6%, that’s ten times more than the regional average. But the one-year-old administration of President Varela isn’t resting on its laurels. It is […]
Construction has been announced of 9 additional storage tanks and a pier with two berths to supply 2.5 million barrels. From a statement issued by the National Secretariat of Energy in Panama: The sale of marine fuel or bunkering, an activity that generates about $900 million a year to the country’s economy, will grow with […]
Solutions are being sought to the lack of promotion of the country and unfair competition from illegal hotels, so that the occupancy rate, which went from 70% in 2011 to 52% in 2015, can be improved. According to the Office of the Comptroller General of the Republic, the occupancy rate in Panama fell once again […]
The 50 companies already operating at Tocumen’s airport facilities will be able to access free trade zone incentives if the request made by the administration of the terminal is approved The documentation was submitted to the National Commission of Free Zones at the Ministry of Trade and Industry (MITI), and there will be a 30 […]
Panama manage to issue bonds on the international market with a margin of only 2.05% above the 10-year US Treasury benchmark. The margin of 205 basis points over the 10-year US Treasury bond was even better than that achieved by other countries in the region with equal or better risk ratings, such as Colombia (BBB), […]
The Panama Canal Authority plans to publish conditions for the tender in August, after participants have completed a pre qualification process and consultation period. Today March 11th is the date of receipt of proposals from companies interested in the construction and concession of the port. In November , the ACP announced that eleven companies had […]
Free Zone users require another type of measures on top of the proposals the government has discussed in the Assembly, such as reducing the charges for renting. The bill that was discussed in Congress and which seeks to increase the competitiveness of the Colon Free Zone (CFZ), (already approved in the first debate) is not […]
Citywire Americas team visited Panama and Miami to uncover how the New Year has begun for investors across both offshore hubs. Latin America relationship manager Samantha Muratori went to Panama to find out how the country is redoubling its efforts to fight money laundering. Meanwhile, Crystelle Tapé, Citywire’s US relationship manager, returned to Miami to […]