This year, the economy is expected to grow 3.8% and in 2019 the increase could reach 5%, which would be determined by the activities of the Canal, transportation, mining and telecommunications. The Indesa firm forecasts that next year Panama‘s economy will increase its dynamism compared to 2018, since the activities related to the external part […]
Cheryl Rosen writes in Travel Advisor of Panama’s allure and ranking in Lonely Planets’s Top 10 Countries to visit. As the country where east meets west and north meets south celebrates its 500th birthday in 2019, we complete our new convention center, a new wing in the airport, new highway to the beach. Even the Pope will […]
Fully Furnished Ground Floor Valle Escondido Condo for Rent for Only $950 per Month. Comes with a covered parking space at front door and rear door opens to patio and gardens. All facilities of golf, tennis, spa, gym, indoor swimming pool, racketball and putt putt available on a fee paid basis. Tenant responsible for electrical, gas […]
Because of the behavior of residential construction, $750 million was invested in projects in the first nine months of the year in the Panama district, 49% less than the same period in 2017. One of the causes of the considerable drop in activity in the country is that this year the Panamanian construction sector had […]
The governments of Argentina, Panama, Paraguay and Uruguay have joined forces to create a Latin American initiative to tackle tax evasion and corruption by making sharing and making better use of the information exchanged under international tax transparency standards. The countries have agreed to “consider the possibility” of making a wider use of the information provided […]
On Wednesday Dec. 12, Japanese cryptocurrency exchange Bitpoint announced the launch of a crypto-to-fiat trading platform in Panama. The regulatory-compliant exchange will offer USD pairs with top cryptocurrencies like bitcoin cash, ethereum, bitcoin core, litecoin, and ripple. Bitpoint is a licensed cryptocurrency exchange operator headquartered in Tokyo that has just announced the company’s first international […]
Pre-Commissioning Unit (PCU) Michael Monsoor (DDG 1001) welcomed the president of Panama, Juan Carlos Varela, during a reception held aboard the ship in Panama City, Panama, Nov. 29. Charge d’Affaires of the U.S. Embassy in Panama, Mrs. Roxanne Cabral, was also in attendance, as well as numerous Panamanian government and military officials. While addressing the […]
At least every other day, the long arm of America’s counterterrorism effort reaches out and touches this essentially lawless, smuggler-ridden town on the Panama-Costa Rica border According to an agreement between Panama and Costa Rica, busloads of northward-moving migrants that American homeland security authorities know as “special interest aliens” arrive at the Costa Rica immigration […]
Banco Centroamericano de Integración Económica signed a loan contract with the FCC Consortium to finance the six-lane extension of the beach corridor in Panama, Section I: La Chorrera-Santa Cruz. The project “Expansion to six lanes, Las Playas Corridor, Section 1: La Chorrera-Santa Cruz, which has an approximate length of 36.3 kilometers, and begins at the […]
The workers of the Panama Customs Precincts and the Colon Free Zone have suspended work since December 6th and could extend the strike for at least one more day. The strike carried out by officials of the National Customs Authority (ANA) began on December 6th, claiming the payment of a Christmas bonus, salary adjustments and […]