Minera Panama, which is majority owned by First Quantum Minerals (FM.TO), has agreed to pay $375 million a year to state coffers from the Cobre Panama mine, which it says is one of world’s largest copper producers. “We accept the proposal of the national Government, while requesting that the necessary protections be provided in order […]
An incident with a slingshot led scientists to a greater understanding of the relationship between the insects and their host trees. WHILE MANY PEOPLE IN PANAMA were at home, passing time during the pandemic, five kids were out shooting a clay ball at trees with a slingshot. They wanted to give themselves a challenge, so they […]
Panama’s new law on near shoring was signed in December by President Laurentino Cortizo. The law, which still needs rules and regulations, regulates coastal and near shoring activity in Panamanian waters and other areas of the coastal environment. Companies undertaking near shoring need to have an ownership structure where Panamanian nationals own at least 75% […]
A son of former Panamanian president Ricardo Martinelli plans to plead guilty to U.S. bribery and money laundering charges linked to Brazilian construction firm Odebrecht, his lawyer said on Tuesday. Luis Enrique Martinelli was extradited on Monday to the United States from Guatemala, where he was arrested in July 2020. He said at Tuesday’s virtual arraignment in […]
Copa Airlines is resuming flights between Denver International Airport and Panama City. The international flights between Denver to Panama will operate four times per week on Boeing 737-800 aircraft. Copa Airlines inaugurated service at Denver in December 2017 and ceased operations in March 2020. “Copa’s return contributes significantly to the continued rebuilding of Denver’s global […]
This fall has seen unprecedented protests in Panama, after President Laurentino Cortizo signed an antidemocratic electoral reform into law. In a country whose population numbers little over 4 million, up to five thousand people took to the streets to denounce a government move that limits press freedoms during campaign season, weakens independent candidacies, and rejects […]
The Baltic Exchange’s dry bulk sea freight index on Tuesday declined to its lowest level since early June, weighed by lower demand for the larger capesize and panamax vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 168 points, or 6.1%, to 2,591, its lowest level since June […]
A son of former Panamanian president Ricardo Martinelli plans to plead guilty to U.S. bribery and money laundering charges linked to Brazilian construction firm Odebrecht, his lawyer said on Tuesday. Luis Enrique Martinelli was extradited on Monday to the United States from Guatemala, where he was arrested in July 2020. He said at Tuesday’s virtual arraignment in […]
This article and video is from Jackie Lange at Panama relocation tours. Carl, Jenine, and their 12-year-old son recently moved to San Carlos Panama which is about 10 minutes west of Coronado. Learn why they picked San Carlos and what their transition to living in Panama has been like. Panama is not just for retirees! […]
The Tourism Authority of Panama (ATP) will host the “Journey of Atonement and Reconciliation of Mother Africa and Reunion With its Diaspora” Summit, a historic and transcendental event, from May 18-25, 2022, bringing together kings, queens and tribal chiefs from Africa. The event, launched October 28 in Ghana-Africa, is in alignment with Panama’s recently launched […]