Panama has seen a steady increase in revenue from the telecom sector in recent years, including a 2% increase in 2019, year-on-year. Mobile services and broadband remain the key sectors, a trend likely to continue during the next few years in response to operator investments in network upgrades. Panama’s economic prospects remain promising, with GDP […]

The HMM ALGECIRAS, the world’s largest containership launched April 23, 2020 during a ceremony presided by South Korea President Moon Jae-In and many South Korean dignitaries, is registered in Panama. She is joining the fleet of 18 Panama-flagged amongst the 24 biggest vessels in the world; list established at February 19, 2020 by IHS Markit. […]

The Cabinet authorized the Minister of Commerce and Industry to submit to the Assembly a bill to create the Special Regime for the Establishment and Operation of Multinational Companies for the Provision of Services Related to Manufacturing. The decision of the Executive, which seeks to reactivate the economy in the context of the health and […]

The Assembly approved in third reading a bill that suspends for a 120-day period all launches and evictions of private real estate intended for housing, commercial establishments, professional use, industrial and educational activities. The plenary session of the National Assembly, supporting the state of emergency as a result of the effects generated by the infectious […]

Ohhhh that looks good but gotta wait some more before we can buy alcohol. Given the crisis in the region, businessmen in Guatemala report that smuggling of Mexican products has increased, while in Panama, beer producers attribute the rise in illegal trade in alcoholic beverages to the dry law. With the spread of Covid-19, governments […]

Between February 2020 and Easter Week, visits to shops decreased between 40% and 90% in Central American countries, but since April 13 a change in the trend has been observed, reflecting a greater movement of people to shops and other businesses.  Panama saw a 83% drop but that was due to very strict quarantine regulations. […]

Luckily Panama never reach anywhere near our Health care system capacity.  As of Tuesday, we had 6,021 confirmed cases with only 266 hospitalizations of which only 89 in ICU and over 5,000 in self quarantine.  We have lost 167 souls but that number and the confirmed daily positive tests cases has slowed, thank God! Here is […]

Last week my friend BT Corwin started a Go Fund Me campaign to raise funds to help the needy during this tie of extra stress.  I just donated and this is the second time since last month and I will continue to until these people can get back to work. So now the Extranjero community […]

The first part of this post is a video interview that I found very interesting and the second part, a perspective from my friend John Wolff. First, click on the above picture to hear Dr. David Katz.  Preventive medicine and public health specialist Dr. David Katz joins Bill to discuss whether the fight against coronavirus […]

This is a great presentation by Jose Manuel Bern, one of Panama’s largest developers.  Hosted by Jose and a friend of mine, Liz Larroquete they held a webinar this week and I am glad to say I participated.  Jose speaks from the heart as his father, Mother and Brother were all exposed to the virus.  […]