Misconceptions and misunderstandings around the banking and financial systems in Central America are an everyday reality for countries like Panama. As a result, it is critical that we are constantly communicating the efforts we are undertaking to ensure transparency within our systems and demonstrate our commitment to meet the international standards that preclude money laundering and the […]
On third debate, Panama approved the legislative bill that aims at gradually reintegrating employees to their companies, which have already restarted their activities and which in 2020 suspended labor contracts due to the crisis caused by the covid-19 outbreak. The National Assembly approved on February 24 bill No.542, submitted by the Ministry of Labor and Labor Development (Mitradel), which allows the […]
Nothing prevents the current Attorney General from resigning from office. That is his right. But that does not mean that h can leave without justifying the real reasons for his resignation or that he can omit to give explanations about the status of the high-profile investigations that he inherited and those that should be ongoing […]
From March 1 to 5, 2021, the Colon Free Zone will hold its first multisector virtual trade fair, in which 200 exhibitors will participate and participants will be able to access product catalogs and receive direct attention from suppliers. The trade fair will feature a wide variety of mass consumption products, regional distribution logistics services […]
Naval architect Noriel Arauz discusses the challenge of leading the technological transformation of the world´s oldest and largest ship registry The digital age is causing a deep transformation in society. Organisations are compelled to enter a process of change that drives them into resetting their productive processes and the functional areas on which they are […]
CONSTRUCTION of Panama Metro’s $US 2.8bn Line 3 monorail project has started, following a ground breaking ceremony on February 22 attended by president Mr Laurentino Cortizo Cohen and Panama Metro general director, Mr Héctor Ortega. Work on the 24.5km project is expected to take approximately four years to complete. Its launch follows the approval of contracts and financing […]
Total mobile subscriptions in Panama will reach 5.1 million in 2020 and will account for a small share of 0.7% of the total mobile subscriptions in Latin America region. Over the next five years, mobile operators in Panama will add a combined 500,000 mobile subscriptions, indicating a CAGR of 1.9% over the forecast period, bringing […]
In Britain, Panama is famous for two things: the canal and canoe man. Back in 2002, John Darwin faked his own death and fled to Panama City with his wife, who, following his “canoeing accident”, claimed £1m in insurance and pension pay outs. Had a newspaper not got hold of a picture of him looking […]
THE PANAMANIAN SNOW CONE Glorious, Unforgettable, Sublime Raspao First thing first is…you need to know about this Panamanian Shaved Ice delight known as Raspao. I know I know…it’s just shaved ice. But it’s not! It is flavoured with natural products, topped with malted milk AND sweetened condensed milk AND honey AND fresh coconut…all for a mere […]
Best Fishing Trip Yet!! Susie and I departed Boquete and flew out of David to Panama City last Saturday morning and transferred to Flamenco Marina to board the Cherin III, a 66 foot Buddy Davis luxury sport fish. With calm seas, we cruised south into the Pacific headed to The Pearl Islands, the starting point […]