Everyone Needs to Hear This


News from Panama

Jay Shetty is  a great speaker and makes you stop and re examine what you are doing with your life.  Jay used to be a monk. That thing you do, after your day job, in your free time, too early in the morning, too late at night. That thing you do when you’re all alone […]

October 30, 2018

Chinese Inspecting Food Plants


News from Panama

To verify whether they comply with the rules for exporting meat, seafood, dairy products and fruits to the Asian country, representatives of the Chinese government will conduct an inspection of several production plants in Panama. As part of the Free Trade Agreement between China and the Central American country, it was reported that from October […]

October 30, 2018

Central America: Fuel Prices up to October 22nd


News from Panama

Price per gallon of standard gasoline: Costa Rica $4.21, Nicaragua $4.07, Honduras $3.87, El Salvador $3.56, Guatemala $3.52 and Panama $3.21. inShare From the report of the Ministry of Economy of El Salvador: According to data from the IEA, the United States is in full season of hurricanes and the passing of Hurricane Michael through […]

October 30, 2018

Energy: Lawsuit Against State-Owned Company


News from Panama

Helium Energy Panama filed a lawsuit against Etesa for non-conformity with the result of a wind energy tender. Helium Energy Panama, a wind energy generator, filed a lawsuit in the Third Chamber of the Supreme Court of Justice against the state-owned Empresa de Transmision Electrica S.A. (Etesa) for more than $50 million. The public purchase […]

October 30, 2018

Controversial Request to Reduce Penalties for Tax Evasion


News from Panama

During the discussion of a tax evasion law project, the Panamanian business sector requests that the amount defrauded to be considered a legal crime be increased from $300,000 to $500,000. Regarding the request made by the Chamber of Commerce, Industry and Agriculture of Panama, the Ministry of Economy and Finance (MEF) explained that “… There are […]

October 30, 2018

Researchers observe novel bat behavior in Panama


News from Panama

Baby birds learn to fly. Baby mammals switch from milk to solid food. Baby bats, as winged mammals, do both at the same time during their transition from infants to flying juveniles. According to a new report from researchers at the Smithsonian Tropical Research Institute (STRI) who studied Peters’ tent-making bats (Uroderma bilobatum), mothers prod […]

October 30, 2018

Sports Infrastructure: $12 Million Tender


News from Panama

The Panamanian Institute of Sports tenders several construction works in the provinces of Chiriqui and Panama. Panama Government Purchase 2018-1-35-0-04-LV-007462: “Study, design, demolition, construction and equipment of La Basita Fitness Center, located in the district of David, province of Chiriqui.” Reference value: $ 5.478.802. Deadline for receipt of tenders: November 22nd, 2018. See tender. Panama […]

October 30, 2018

Bank closes operations in Panama


News from Panama

The Swiss bank, Julius Baer, reported that it will close its representative offices in the Central American country and will concentrate on other larger markets in the region such as Brazil. The statement of the financial institution was made after Matthias Krull, a former employee of the bank in Panama, pleaded guilty in the U.S. […]

October 30, 2018

Indonesia and Panama to work closer on trade, investment


News from Panama

  Panamanian Vice President and Foreign Minister Isabel de Saint Malo de Alvarado waves to reporters before a meeting with her Indonesian counterpart Retno LP Marsudi at the Foreign Ministry in Jakarta on Thursday.(JP/Seto Wardhana)Indonesia and Panama have agreed to intensify cooperation, especially on trade and investment, as the two play significant roles in their […]

October 30, 2018

Panama to issue 30-day tourist card to Cubans


News from Panama

It is not a secret that Cuban entrepreneurs travel to Panama to buy consumer goods that they later sell in the black market. The Panamanian government is making it easier for them to continue their business. The Panamanian embassy in Havana was busy on Tuesday. Cubans will now be able to travel to the Central American country […]

October 30, 2018