Over the next four years, the country seeks to focus on attracting tourists between the age of 40-70 who are interested in environmentally “sustainable” destinations. The project, which aims to position Guatemala internationally as a destination for this profile of tourists, is developed by Regenera, a non-governmental organization of Chile, and the Guatemalan Institute of […]
Until May 21, 2025, the plan to grant preferential interest rates for mortgage loans in the country was extended. On May 20, Law No. 85 was published in Gaceta Oficial, which was approved by the National Assembly in April of this year and sanctioned this week by President Juan Carlos Varela. See “Preferential Interest Law […]
Roane State faculty Dave Rath and Cody Miller faced an ironic dilemma. They had more contributions for impoverished children in Costa Rica and Panama than they had space set aside to fly down to those Central American countries. “We’ll find a way,” Rath vowed. “Before we leave your hard work in Tennessee, we’ll find a […]
The Panama Canal Authority has postponed its sixth planned draft restriction in the canal for 2019 after heavy rainfall eased water levels in the tributary Gatun Lake. In an advisory note to shipping firms, the PCA advised that the new maximum authorized drafts will become effective June 12, instead of May 28. The new maximum […]
The poultry farmers’ union reports that in 2018 the gross value produced by the poultry sector, which includes chicken meat and eggs, totaled $390 million, 2% more than in the previous year. Figures from the National Association of Poultry Farmers of Panama (Anavip) detail that last year the production of chicken meat was 110 million […]
The Panama Canal Authority has announced enhancements to its Green Connection Environmental Recognition Programme, which aims to encourage the shipping industry to mitigate the environmental impact of their operations. The initiative is an incentive-based system that includes the Green Connection Award, the Environmental Premium Ranking and the Emissions Calculator. In a statement issued yesterday (20 […]
Local accounting and advisory firms in three Latin American countries – Costa Rica, Panama and Puerto Rico – have joined international professional services networks. In Costa Rica, CGS-CPA & Consultores, based in San José, the capital and largest city of Costa Rica, has joined Morison KSi, an association of 150+ professional service firms active in nearly 90 […]
The new regulation, which entered into force on May 17, updates the terms and policies on health records of medicines in Panama. The Regulation containing 611 articles was published in Gaceta Oficial No. 28776-B, and establishes two procedures for granting sanitary registrations, one regular and the other abbreviated, which applies to medicines coming from countries […]
The first ministerial appointments have marked the new government”s priority in rebuilding Panama”s economic model and cleaning up the country”s international image after a streak of corruption scandals, Panamanean observers think. Besides, they indicate an unequivocal road to keep neoliberalism, despite campaign promises of solving the most overwhelming problems of broad sectors of society, […]
China might join Peru and Bolivia in building an intercontinental railway across Latin America, Peruvian President Martin Vizcarra told Reuters on May 17. Peru and Bolivia “need a third partner to help turn it into reality,” Vizcarra said. Asked if China would be a good fit for the role, he said, “Yes, of course, because […]