The low-cost airline Wingo announced that as of April 28 it will begin operating a direct flight twice a week between the capitals of Panama and Peru. The new route, which will have tickets available on Tuesdays and Saturdays, will be operated by 737-800 NG aircraft with capacity for 186 passengers, company officials said. You […]
Some pet service providers claim that their sales have been sustained, while others report that their income is beginning to recover after overcoming a period of economic slowdown. In recent years the Panamanian economy recorded a slowdown, since in 2018 the Gross Domestic Product of the country reported a 3.7% year-on-year growth, far from the […]
The boom in inward investment from international shoots has benefited Central America’s film industries. Elisabet Cabeza reports on an EFM panel hosted by Screen International and Panama Film Commission. Local and international filmmakers came together at the European Film Market on Sunday, February 23 for the ‘Shooting in Central America and the Caribbean’ panel, sponsored […]
Dubai Chamber organised a breakfast roundtable for private and public sector stakeholders in Panama to introduce them to the trade and investment opportunities in Dubai due to Expo 2020, in addition to highlighting Dubai as a global business destination and gateway to the MENA region for Latin American countries. Forty-five participants representing the private and […]
This is a recently built home that has never been occupied. It has 3 bedrooms and 2 baths, living area, dining room, kitchen laundry room and covered carport. Enclosed area is 1,168 square feet. Total area is 1,560 square feet. See a drone aerial video here Living area is very spacious and there are lots of windows. […]
A new “freshwater” charge that came in this month to help the Panama Canal cope with climate change will cost the shipping industry up to $370 million a year, marking another blow for maritime companies already hit by fallout from the coronavirus. The Panama Canal, one of world’s busiest shipping routes, which handled nearly 14,000 transits last year, said […]
Panama is both a common place of transit as well as a popular destination for migrants in the Americas. In recent years, the country has become one of the primary receiving nations of Venezuelan migrants, with an estimated population of 94,600 Venezuelans as of February 2020. Most of the refugees and migrants from Venezuela are […]
Vessels which violate the current United Nations Security Council Resolutions (UNSCRs) on trading with North Korea will not be registered with the Palau International Ship Registry (PISR). The announcement comes as the registry unites with Liberia, Marshall Islands and Panama on the issue. Palau International Ship Registry (PISR) on January 21, 2020 joined the Memorandum […]
Panama”s economy is is advanced “in its recovery process”. and ”we expect economic growth for 2020 to reach 4.8% and climbing said The International Monetary Fund (IMF) following an on-site evaluation. “We see that there is a clear recovery in the economy. We expect that economic growth for this year will be of the order […]
The Assembly of Panama approved in third debate the draft law that creates the private and unique system of registration of final beneficiaries of legal entities. Chapter II of the document, on Registration of Resident Agents, stipulates that any lawyer or law firm providing professional services as a resident agent for one or more legal […]