Empresa de Transmision Electrica de Panama warns that Bill 342, which was approved in the first debate in the Assembly, threatens the stability of the local electric sector by delaying and making it impossible for electric projects to enter into operation due to the lack of transmission lines. In note No. ETE-DAL-029-2021, sent to the […]
China has once again come to the rescue of Latin American countries in their hour of need. In late 2020, the death toll was rising in Brazil, Ecuador, and Peru, as well as in other countries in the region. Europe and the United States had secured millions of vaccines, but these doses were not reaching […]
Authorities launch plans to create a greener canal, including a pilot program utilizing electric vehicles and alternative fuels to power equipment. The Panama Canal is advancing its sustainability goals, with plans to become carbon neutral by the end of the decade, canal officials said this week. The Panama Canal Authority said Monday it has launched a […]
In recent years, Panama has experienced the impacts of climate change, from flooding and landslides caused by torrential rains to hurricanes that killed 20 people last year. Rainforests cover 65% of Panama, but between 2012 to 2019 the country lost around 2% of its forest per year. Officials are now taking steps to combat forest […]
If you are going to deposit money in a bank in Panama, do your homework. While rates stay strong at 3 to 5%, be careful. I am opting for Banco General is one of the best banks and strong compared to some of the others. I have also noticed a decline in service like Scotiabank […]
Through Executive Decree No. 722 of October 15, 2020, Panama has created the subcategory of Permanent Resident as a Qualified Investor; It is specifically focused on those foreigners who invest, at least, an amount of $ 500,000.00 from a foreign source, which may be in a personal capacity or through a legal entity, in which […]
I follow Simon black on a daily basis. He is a successful international businessman who has a good understanding of what is going on these days. With a new government and president comes a lot of questions. A- What is going on? B- What should I do about it. Let’s start with A- What is […]
As soon we get vaccinated, we are good to go cruising!! Check out this small-ship cruise ship line. Stay Safe!!
Travelers arriving by plane in Panama having stayed in South America for 15 days or more will have to follow the new anti-covid-19 protocols in force since Monday, health and immigration authorities announced. In addition to submitting a negative PCR or COVID-19 antigen test carried out within the previous 48 hours at the airport of […]
The Savings Bank is a state bank, which is governed by the rules of the market as if it were another in the square. But there have been occasions when, because it is a state bank, some take advantage of it and its behavior ceases to be that of another bank to be the bank […]