Panama Gets Off FATF Gray List


News from Panama

Confirmation has been given that the country is to be removed from the list compiled by the Financial Action Task (FATF) a year and a half after adjusting laws and regulations for the financial sector. The Minister of Economy and Finance in Panama, Dulcidio De La Guardia, confirmed that the removal of Panama from the […]

February 23, 2016

Luxury Rentals in Valle Escondido


News from Panama

Valle Escondido Villa for Rent Perhaps you remember this Maniosn we were selling in Valle Escondido.  Well one of our investors has bought it and we are in the process of subdividing it into two 4 bedroom 4 bath villas each with over 3,400 square feet of area and each with a beautful view of […]

February 18, 2016

OLD GAS STATIONS


News from Panama

Thanks and a hat tip to my friend Richard for sending this to me. OLD GAS STATIONS AND OLD CARS! Registered restrooms, free hot dogs and drinks, and uniformed service station attendants!! What planet was this?? So who do you register your restrooms with? Check out the fellows in South Chicago filling up with ten […]

February 17, 2016

Molejón Gold Mine Resurrected


News from Panama

Diamante Minerals announced a gold stream agreement for the Molejon Gold Mine, located in the Donoso District, Colon Province of Panama. From a press release issued by Diamante Minerals: KELOWNA, BC, Feb. 3, 2016 /PRNewswire/ – Diamante Minerals, Inc. (OTCBB: DIMN), a natural resources company, today announced a gold stream agreement for the Molejon Gold […]

February 17, 2016

UAE picks Panama as Latin America growth hub


News from Panama

Shaikh Abdullah expressed the UAE’s interest in cooperation with Panama in areas of common interest, such as banking, logistics, energy, airports and infrastructure. The visit by Shaikh Abdullah bin Zayed Al Nahyan, UAE Foreign Minister, to Panama ended on Thursday with the creation of a joint cooperation committee on trade and investment. The committee will […]

February 17, 2016

Human Water Consumption at Risk in Panama


News from Panama

By Osvaldo Rodriguez Martinez at Prensa Latina Panama, Feb 11 (Prensa Latina) After concluding the carnaval, where fun includes wasting lots of water, Panamanians continue facing an intense drought that puts human consumption at risk. The uncontrollable expansion of the capital, in whose metropolitan and peripheric areas hold some 1.9 million inhabitants (total population is […]

February 17, 2016

Exemptions for Electric Vehicles


News from Panama

In Costa Rica a new bill under analysis aims to make imports of hybrid and electric vehicles exempt from sales, selective consumption and customs duties taxes.  This would be great for Panama too.  I want a Tesla!! Among the incentives proposed in the bill under discussion in the Assembly, is a 100% exemption from sales […]

February 17, 2016

Tender for Supervision in Amador Extended


News from Panama

The companies interested in supervising the construction of the convention center in Amador, Panama, will have until February 18th to submit their proposals. The Tourism Authority of Panama (ATP) has granted the request made ??by the interested parties to extend the date of the tender for the design, construction, and equipping of the new center […]

February 17, 2016