Between January and September 5.5 million passengers came into the country which is 7% more than in the same period in 2015, and spending went up by almost 6% in the same period. In the first nine months of the year 5,585,000 tourists arrived in the country, spending $3.4 million during their stay, 5.6% more […]
Hugh Bronstein writes for Reuters about the need for Panama to get in line with United Nations transparency standards. Panama can remain a competitive financial center while cracking down on tax evaders and other criminals who have used the country to launder money, according to the panel formed by the government after the “Panama Papers” […]
If the United States withdraws from the Transpacific Agreement, there will be less risk of competition from Asian countries for the Central American textile industry. If the US does eventually abandon the Trans-Pacific Partnership Agreement (TPP), as promised by President-elect Donald Trump, the Central American textile industry could benefit from the elimination of the possibility […]
Linda Card writes for International Living about the advantages of obtaining a resident visa in Panama. Millions of people travel the world as tourists and millions more on business. It’s wonderful to get out there for whatever reason to see different places and have new experiences. Fewer people choose to live overseas and obtain residence […]
Being a huge dog love myself, this story brought a tear to my eye. This is perhaps the hardest thing to do and having done it a number of times, I can never forget how it feels. When the end finally came, Mark Woods knew exactly what he needed to do for his beloved whippet […]
Panama’s president is warning France that his country will retaliate diplomatically if it is not removed from a list of tax haven countries. President Juan Carlos Varela said Friday that France has until the end of the year to make the change. Panama’s financial system was shaken in April by the leak of a huge […]
Panama Colon Container Port has submitted an Environmental Impact Study to build a port terminal in Isla Margarita, Cristobal, province of Colon. Panama Colon Container Port Inc. presented the Environmental Impact Assessment (EIA) for the construction of a container port in the area comprising the sector Margarita Bay in the village of Cristobal, district and province […]
The South American country has until 22 January 2017 to implement the recommendations and rulings established by the Dispute Settlement Body of the WTO. The announcement of the WTO comes after Colombia announced the replacement of the controversial mixed tariff by a threshold of $10 / kg for clothing and between $6 and $10 per […]
Metro de Panama has been given approval to publish, in the coming days, the conditions for prequalification in the tender for selection of a prime contractor for Line 3. From a statement issued by the Presidency of Panama: The Cabinet Council has authorized the corporation Metro de Panama, SA (MPSA), to begin the process of […]
Nanette Witmer writes in International Living of her life here in Chiriqui, Panama. In the morning, after grinding and brewing a fresh pot of local Panamanian coffee, I set up my laptop on my front porch. From here, I have an unbeatable view of Volcan Baru, Panama‘s largest mountain, its highest peak rising above the […]