In Panama, the National Assembly approved Law 63, which promotes and encourages the construction of underground parking spaces through tax benefits. The law initiative approved on February 12 contemplates the following tax incentives: Investment Amount Exoneration time Exoneration percentage $0 to $200 thousand 5 years 80% $200.001 to 500 thousand 10 years 75% $500.001 onwards […]
Jackie Mejia writes in Mitu about the Congolese people in Panama. The Congo Panamanian people have a long history in the Central American country. After centuries in Panama, they are now officially being recognized for their cultural contributions. The United Nations Educational, Scientific and Cultural Organization (UNESCO), encourages the celebration and universal respect of cultures […]
German renewables developer PNE has established a new base in Panama that will serve as headquarters for its push into the wider Central and Latin American markets. As part of the move PNE has also taken over five unnamed projects from compatriot InnoVent, some of which are at the “advanced stage of development”. Some of […]
Michal Doron Gean, 44, and from left: Mindi, 11, Joseph, 3, Uriel, 5 and Malchiel, 7; live in Panama City, flying to Florence. This week at the Tel Aviv airport ? Meet the Gean family: She’s from Israel, he’s from Italy. They met in Japan, and they live in Panama with their five kids. Hello, […]
Last week, I could barely get back into Panamonte Estates as Panama President Varela was meeting with Costa Rica President Alvarado at the Panamonte Hotel and the security forces were huge and very formidable. They met there and called for dialogue as the way to overcome the crisis that has engulfed Nicaragua since last April. Meeting […]
Elizabeth Gonzalez writes in Americas Society, Council of the Americas about the race to the presidential office. On May 5, Panama holds general elections for a president and vice president, all 71 seats in the unicameral Congress, and 81 mayors. While the capital’s mayoral race featuring jailed ex-President Ricardo Martinelli is making headlines, the race […]
A researcher inadvertently discovered the remains of Central America’s oldest marine mammal – a 20-million-year-old tusked sea cow. Steven Manchester, a curator of paleobotany at the Florida Museum of Natural History, had been looking for fossil plants when he stumbled across bones during fieldwork close to the Panama Canal. The researcher had split off from a […]
Ponant has unveiled a new itinerary sailing in Costa Rica and the Panama Canal as the 10-night cruise leaves on the new 180-guest Le Dumont-d’Urville on Jan. 6 2020. Rates start at $5,570 per guest based on double occupancy for the warm-water expedition voyage. The new itinerary is part of Ponant’s Quintessential Collection, a series of […]
Travelzoo says that the following is a great deal for a Panama Canal Cruise. Check the Panama Canal off your bucket list on this 15-night Princess Cruise, with stops in six countries including Colombia, Costa Rica and Mexico. Sailing in spring offers the best time to see these popular destinations right before the rainy season […]
Newsroom Panama put out a La Presna article concerning politicians and credit unions. The Office of the Comptroller General of the Republic publicized the finding of alleged “botellas “, officials who allegedly collected their salaries without working, in an institution that was little examined by the public: the Panamanian Autonomous Cooperative Institute (Ipacoop). This institution […]