Explore Panama City starting at $540


News from Panama

Phil Marty writes in the Chicago Tribune on travel in Panama City on the cheap and some other cities as well. Here are some of the more interesting deals, websites and other travel tidbits that have come across our desk recently: •Great Value Vacations has a good deal on a package to explore Panama City, […]

January 5, 2016

Panama Named Best Place to Retire in 2016


News from Panama

International Living has once again published their survey and Panama was at the top of the list for places to retire in the world. In Panama, a retired American couple can live on the beach and eat farmer’s market fruits and vegetables all year-round, without sacrificing the conveniences and amenities of home for $1,500 a […]

January 5, 2016

Panama: Hike in Insurance Premiums


News from Panama

It has been announced that three insurers with the largest share in the market have requested authorization from the regulator to make adjustments of up to 12% on premiums for health insurance policies. The Superintendent of Insurance and Reinsurance, José Joaquín Riesen, told Prensa.com that three companies asked to be able to increase premiums for […]

December 30, 2015

Costa Rica: Sovereign Debt Loses Value


News from Panama

The rise of interest rates in US is one of the reasons behind the lower demand for Costa Rican debt bonds, which are perceived as riskier because they are not investment grade. When US interest rates began to fall, international investors sought riskier options and performances, such as external debt bonds rated below investment grade […]

December 30, 2015

Opposition to Ban on Imports of Legal Weapons


News from Panama

The ban in force since 2010, affects companies in the industry and has not achieved its purpose of reducing the use of firearms by criminals. From a statement issued by the Chamber of Commerce, Industries and Agriculture of Panama: The Chamber of Commerce, Industries and Agriculture of Panama is opposed to the new extension of […]

December 30, 2015

Chinese company takes power supply in Panama; eyes LNG


News from Panama

A Chinese-backed company called Martano has secured the supply of 350MW of electricity in Panama’s power system for 15 years, starting in 2019. The move would mean the supply of LNG into the Central American country. Panama’s Empresa de Transmision Electrica (Etesa) announced the award on 11 December, based on an offer price of $0.08495/KWh, […]

December 30, 2015

Fuddruckers Debuts Second Fast Casual Restaurant Location In Panama City With Franchise Partner Isthmus Food Service, S. A.


News from Panama

Fuddruckers, an iconic, Texas-born fast casual brand, debuted its second Panama location with franchisee Isthmus Food Service, S. A. earlier this week.  The 4,500-square-foot restaurant with seating for 126 is ideally situated at Panama City’s Street Mall shopping center on Via Israel in the San Francisco/Punta Pacifica area.  It joins Panama City’s popular Metromall site, […]

December 30, 2015