The increase in 5,800 hectares in the amount of land planted with rice in 2015 will lead to an increase in local production which will reduce imports required to complete supply of the domestic market by almost 50%. An article on Laestrella.com.pa reports that Jorge Arango, Minister of Agricultural development, said that “… the country […]
At the end of the fourth quarter of 2015 the inventory of apartment buildings and individual houses recorded an increase of 10% compared to the same period in 2014. From a report compiled by the General Comptroller of the Republic: The Census on Construction of buildings undertaken in the districts of Panama and San Miguelito, […]
Entrepreneurs, environmentalists and authorities have formed a committee to review the legislation on processes for obtaining environmental permits. The commission, which includes members of the Panamanian Association of Business Executives (APEDE) aims to have a draft ready by October of a new proposal to be submitted for public consultation. Among the rules to be reviewed, […]
The Technological University of Panama is putting out to tender the design, construction and equipping of buildings for the campus Dr. Victor Levi Sasso and Regional Centers of the Technological University of Panama. “This project is for the design and construction of buildings, sports facilities, road infrastructure, pedestrian access and landscaping. It includes the design, […]
A contract has been awarded for the design and implementation of an electronic billing system that automates the process of reporting taxes and tax collection. Through a direct recruitment process the Directorate General of Revenue (DGI by its initials in Spanish) has selected Centro Interamericano de Administraciones Tributarias (CIAT) to design and implement an electronic billing system for […]
Modern shipping piracy occurs in many ways, but a French shipping company might be the world’s first victim of desert-based piracy on the high seas. France-based international steamship firm Compagnie Maritime Marfret in U.S. District Court says that, as its ship, the M/V Rossini, prepared to traverse the Panama Canal in April, hackers duped the […]
Funny but true story about the number 1 tax haven in the world – The United States of America. The Nevada Secretary of State responded this week to a U.S. senator concerned about shady shell companies in light of the massive Panama Papers leak, saying her office has limited authority to demand the names of […]
When I first read about offshore corporations and how one can benefit from their use I thought, WOW – sitting on some beach doing my finances. Simon Black explains some of the reasons why you should still consider going offshore for all the legitimate reasons and why Plan B is a smart move right now. […]
Lauren Mowery wrote a special for USA TODAY how Panama produces some of the finest coffees and rums in the world, and both beverages have become increasingly easier to enjoy in the country. I love it here!! The release of thousands of documents exposing secret offshore accounts of politicians and actors, recently rocketed […]
We are pleased to announce advertising opportunities on The Panama Perspective. Our intention is not to turn our newsletter into the ‘Yellow Pages” of Panama but to allow people who we know and who can add value to our services by providing travel, accommodations, entertainment and more when you come visit us in Panama or […]