Jorge L. Quijano, Panama Canal Administrator reviews a year of achievements with the new Panama Canal. By most accounts, 2016 was a year unlike any in recent memory. The year bore witness to tectonic shifts in the global landscape, creating uncertainties across all markets. We also saw market and trade growth decline, driven in part […]
Reuters reports that the relationship will remain strong with both countries. Panama does not expect any change in its relations with Taiwan or China, a senior official from the isthmus nation said on Friday, despite increased pressure from Beijing on Taiwan’s allies to sever ties. Taiwanese President Tsai Ing-wen will visit Latin America […]
The government has proposed that Airbnb offer its services only in the interior of the country where the supply of hotels is lower and where the legal prohibition of vacation rentals is not in effect. Authorities at the online rental company met with representatives from the government and the private sector, after a group of […]
JUAN CARLOS VARELA, the President of Panama writes this story that appeared in The Miami Herald. Seven months after the leak of 11.5 million documents from a law firm in an incident that has come to be known as the “Panama Papers”, the world is right to ask what has been done since to fight […]
Panama’s government is barring the Brazilian construction giant Odebrecht from future public tenders after the US Justice Department accused the company of bribes to secure business in Latin America. In a statement read by the minister of the presidency, Alvaro Aleman, the government said it has decided to “take the steps necessary to prohibit the […]
Sally Watson, a freelance travel writer and photographer at Wing Woman Adventure writes of her adventures in one of the most deadly places in the world. THE Darien Gap is a place only the desperate, stupid or curious dare venture. Straddling the border of Panama and Colombia, it’s a region of treacherous jungle and swamps […]
The Miami Herald recently published the story written by International Living. While IL can exaggerate and sometimes has hidden agendas, they are on target for the most part. However, I do take exception with their number 1 choice as Mexico. Want to make your retirement dollar stretch? Prefer to do it in an exotic setting? […]
1. Continue our successes of 2016 2. Continued celebrations of life, my children and my wife who I love so much!! 3. Continued good life in Panama, the Country of my birth. 4. Continue to bring you news of merit and real estate opportunities PS: OK, losing 20 pounds would also be nice!!
An intervention have been ordered into the Istmo Compañía de Reaseguros, Inc. for not having the required equity, among other violations. From a statement issued by the Insurance and Reinsurance Superintendency of Panama: THE BOARD OF THE SUPERINTENDENT OF INSURANCE AND REINSURANCE OF PANAMA, reports that through Resolution No. JD-046 of December 9, 2016, it […]
Copa has presented a financial offer in cash and stock to acquire the second largest airline in the region after Latam Airlines. The New York Times reported that the offer made by Copa Airlines consists of “… a merger that would value Avianca at more than $2 billion, or a 150 percent premium to its […]