Proportion of people who have paid a bribe in the last year to access a public service: in Panama 38%, in Honduras 33%, in El Salvador 31%, in Nicaragua 30%, in Guatemala 28% and in Costa Rica, 24%. EDITORIAL The report “People and Corruption: Latin America and the Caribbean”, prepared by Transparency International, shows how […]
Tropical fruits and coffee are two of the products with opportunities in a market with great potential for growth, but challenging at the same time for Central American entrepreneurs. Former Costa Rican ambassador to China, Marco Vinicio Ruiz, shared his experience with a group of Panamanian entrepreneurs in a forum organized by the National Council […]
In the view of the OECD, “the country depends to a large extent on a few sectors, such as construction, the financial sector and the Panama Canal, which will be insufficient to support greater socio-economic progress and greater inclusion.” The “Multidimensional Study of Panama,” produced by the Organization for Economic Co-operation and Development (OECD), concludes […]
From 2015 to date, $393 million worth of contracts have been awarded in Panama for various renovations and constructions of public schools. Data from the CentralAmericaData’s information system on “Public Procurement in Central America” shows that from 2015 to date the Ministry of Education in Panama launched 1,063 tenders, of which 450 have been awarded […]
Oktoberfest arrived again in Boquete last week. The local ladies strutted their stuff and worked hard to make everyone happy along with many other volunteers. Here is a thank you message from the organizers and sponsors: We are very happy and proud, we were able to bring this new and unique experience to our community. […]
David Wren writes in The Post and Courier about the increased transits and cargo in Charleston and elsewhere. The State Ports Authority’s bet that billions of dollars invested in improvements at the Port of Charleston will lure bigger ships carrying more freight appears to be paying off in the roughly 15 months since the Panama […]
“Americas Now” had a chance to sit down with the President of Panama at the United Nations General Assembly in New York. Juan Carlos Varela has been Panama’s president since 2014. In June 2017, Panama opened a new chapter in its international relations by establishing diplomatic ties with China. It was an historic moment for […]
So, I woke up Wednesday morning finding that at 2 AM, the President of Panama called off all work on Wednesday to celebrate the 2 to 1 win against Costa Rica Tuesday night! While the US has already forgotten about it’s loss to Trinidad this week and it’s elimination from the World Cup games next […]
We are fast approaching our high season and if you have any interest in coming to Panama, do not wait too much longer to make plans. This coming February, we have two exciting events. We also have some exciting discounts like 20% off COPA Airlines coming from any destination in North America! Book a room at […]
Tax-News.Com published this well written in depth editorial on the historic point in international tax enforcement. September 2017 could be said to mark a historic point in international tax enforcement, as it is the month that around 50 jurisdictions have committed to making their first automatic exchanges of information under the OECD Common Reporting Standard […]