$175 million Resort


News from Panama

A plan is being made to develop residential buildings and a 614 room hotel complex in a 25 acres area in the touristic area of Rio Hato, Panama. The promoter of the project, Agro Playa Blanca SA, detailed in the Environmental Impact Assessment (EIA) submitted to the Ministry of Environment, that the development will be […]

November 17, 2015

World Heritage Centre Director and Panama Minister of Environment discuss conservation issues in Coiba National Park


News from Panama

On 10 November 2015, World Heritage Centre Director Mechtild Rössler, and Panama Minister of Environment Mirei Endara, met for the first time since the establishment of the new government in Panama. The meeting focused on conservation issues in Coiba National Park and its Special Zone of Marine Protection and the forthcoming mission to the transboundary […]

November 17, 2015

Bill Clinton visits big wind farm in western Panama


News from Panama

Former U.S. President Bill Clinton is talking up the potential of renewable energy to shield developing countries from the effects of climate change. Clinton visited Central America’s biggest wind farm Tuesday. The electricity project in western Panama is scheduled to open next year with the capacity to produce about 6 percent to 8 percent of […]

November 17, 2015

Panama: Higher Fines for Vacation Rentals


News from Panama

The Tourism Authority is proposing tougher actions against casual vacation rentals, raising current fines and reducing the time it takes to impose sanctions. The draft law which aims to create tougher sanctions for those renting homes to tourists will be presented to cabinet ministers in the coming weeks, according to statements made to Prensa.com by […]

November 17, 2015

Panama rushes to secure canal after Paris attacks


News from Panama

Panama raised its terror alert level last Saturday in reaction to the deadly attacks in Paris, ramping up security at its strategic canal and other sensitive locations, the president said. “Security has been increased at airports, the canal and some diplomatic legations,” President Juan Carlos Varela said a day after terror attacks in the French […]

November 17, 2015

Panama consumer prices fall in October


News from Panama

Nov 13 Consumer prices in Panama slipped in October for the second month in a row, dragged down by cheaper cell phone, alcohol, and gasoline prices, official data showed on Friday. Compared with October 2014, prices fell by 0.4 percent, just below September’s 0.5 percent dip. On a monthly basis, consumer prices slid 0.1 percent.

November 17, 2015

Panama Confirms Presence at Climate Summit in Paris


News from Panama

Panama will attend the Climate Summit and its delegation will be led by President Juan Carlos Varela, who will arrive in Paris on November 28, despite the emergency current situation in  France due to the terrorist attacks. The announcement, made by the president himself when addressing reporters, included statements about the latest events in the […]

November 17, 2015