Entrepreneurs in the real estate sector estimate that in the Panamanian market the prices of homes in inventory could fall between 5% and 10%, due to the economic crisis resulting from the outbreak of covid-19. Although the construction industry is currently paralyzed because of the health emergency and the supply of new housing is not increasing, entrepreneurs anticipate a fall […]
Panama will tighten confinement measures due to an increase in Covid-19 patients in three provinces, where night curfews have been established, with more rigor on Saturdays and Sundays, the Ministry of Health (MINSA) announced on Wednesday. In northern Colon and western Chiriqui and Bocas del Toro all activities will be cancelled during the weekend, […]
Upon the signing of Decision No. 3 of the Free Trade Agreement between the two countries, a scheme will be established in early September to simplify the issuance of Certificates of Origin, based on current technologies. On July 22, the Panamanian and Mexican authorities signed Decision No. 3 of the trade agreement between the two economies. […]
In February, Cape Gazette readers Dana & Vicki Parrott set sail out of Miami aboard the Norwegian cruise ship, Joy. They were accompanied by their son, Drew & their daughter-in-law, Kim. The 12-day cruise included stops in Curacao, Cartagena, Bonaire, Aruba, Columbia, Panama & Costa Rica. “The highlight of our cruise was experiencing the Panama […]
Restaurants in Panama are in a “critical situation” that has forced them to close permanently to a thousand due to the COVID-19 pandemic, despite efforts to operate with home services during more than four months of quarantine. Nationwide “around 20-25% of restaurants have closed, which would be easily 1,000,” the president of the Association of […]
In order to restore the economy, Panama relaxed restrictions in June and entered the second phase of the resumption of work. To help the people in Panama to get their businesses back up and running and workplaces operating safely, Uniview is partnering with the Chinese Embassy in Panama, donated Uniview’s Heat-Tracker series products and solutions to the Congress, First Lady […]
Panama will further reopen its economy next week, adding some sectors in the provinces of Los Santos, Herrera and Cocle that have a low number of novel coronavirus cases, a health official said on Tuesday. The Central American country had already started reopening its economy in May but halted it after the number of cases […]
This beautiful condo is located in Los Molinos and it has one of the best views. Numerous windows insure a lot of natural light. Consisting of over 1,300 square feet it has a master suite with en suite bath and a guest bedroom along with a guest bathroom. The living room is huge and very nicely […]
So far this year, interest in distance education services in the Central American markets has clearly increased, with Guatemala, Costa Rica and Panama recording the largest increases in interactions on the subject. Through a system that monitors in real time the changes in the interests and preferences of consumers in Central American countries, developed by the Trade […]
Until the beginning of June, Central American countries reported a rise in the number of people who moved to locations identified as supermarkets or pharmacies, however, in recent weeks the trend was reversed. According to data from Google incorporated into the “System for monitoring markets and the economic situation in Central American countries“, developed by […]