Panama: Tourism Promotion Put Out to Tender Again


News from Panama

The Tourism Authority will publish a new specification after the initial tender was declared void because the only bidders belonged to the same conglomerate. The evaluation committee appointed by the Tourism Authority of Panama (ATP) has annulled the act of tendering design services and production of an advertising campaign, development of media plans, patterns in […]

March 9, 2016

Panama: Plots for Higher Institute of Agriculture


News from Panama

Plots and other relevant information needed to advance in the building of the Higher Institute of Agriculture are now ready, with a required investment of $60 million. The construction of the Higher Institute of Agriculture could start in the middle of this year, according to information given to Telemetro by the Agricultural Development Minister, Jorge […]

March 9, 2016

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