Panama Put Back on to OECD Gray List


News from Panama

The organization has rejected Panama’s attempt to implement automatic exchange of tax information using a different system to the standard used by the organization. The General Secretariat of the Organisation for Economic Co-operation and Development (OECD) understood the proposal put forward by Panama to exchange tax information through bilateral agreements as moving away from its […]

March 9, 2016

Panama Canal expansion enters trial phase


News from Panama

GUPC, the consortium building the new Panama Canal locks, said that in the next two months it would conduct more than 2,000 trials in the Pacific and Caribbean sectors of the expanded waterway, focusing on gates, valves, electric power and control systems. Some systems are already being operated from the control towers and the buildings […]

March 9, 2016

Vista Volcan, Luxury Mountain Paradise


News from Panama

Click on the above picture to see aerial video. Views from  this beautiful mountain home are outstanding and can be seen from almost every room. The view up to the home from below gives you some idea of the size and beauty of this property and the gardens. Built by a well known builder in […]

March 6, 2016

Cosi opening in Panama


News from Panama

Così Inc. has entered into an agreement with Fast Casual Panamá S. de RL to develop five franchised Così restaurants in the Republic of Panamá. The first will open later this year, according to a company press release. The principals of Fast Casual Panamá S. de RL also own Fast Casual Ltda., which owns and […]

March 1, 2016

“Panama offers pineapples with comparable quality”


News from Panama

  “The advantage of Costa Rica over Panama are the years of production. Costa Rica started producing pineapples at commercial volumes years before Panama started,” explains Gino Spadafora, president of Tropical Queen extra sweet pineapples from Panama. “We are the pioneer in pineapples from Panama with our first trials in 2000. Nowadays we have 500 […]

March 1, 2016