Tourism: Green light to Do Business with China


News from Panama

The Asian country has authorized 64 Panamanian tour operators, meaning that starting on August 15, they will start offering group travel services to Chinese tourists travelling to Panama. The administrator of the Tourism Authority of Panama (ATP), Gustavo Him, stated that group trips of Chinese tourists traveling to Panama, will be carried out in common […]

August 20, 2018

Colon Free Zone Continues to Recover


News from Panama

Between January and July 2018 the commercial activity of the free trade zone in Panama generated $12.618 billion, growing 8% over the same period last year. The administration of the Colon Free Zone (ZLC) reported that ” … the cumulative amount of the first seven months of 2018 was higher than the $11.643.3 billion in the […]

August 20, 2018

$700 Million New Airport Planned


News from Panama

A US company has submitted an environmental impact study to build an international airport in Limón, Costa Rica, which will have a 4-kilometer runway, an 18,000 square meter passenger terminal and a 30,000 square meter warehouse. The firm Mel Group ELM SA, which already presented a proposal to finance the development of the project in […]

August 20, 2018

Panama, U.S. to sign agreement to expand regional access to LNG


News from Panama

Panama will sign an agreement with the U.S. Treasury and Energy departments aimed at paving the way for more private investment to expand the importation and distribution of U.S. liquefied natural gas in Latin America. David Malpass, Treasury undersecretary for international affairs, said he hopes the “framework agreement” is the first of several with countries […]

August 20, 2018

The First Indigenous Miss Panama


News from Panama

NPR’s Lulu Garcia-Navarro asks Rosa Montezuma about being the first indigenous woman to be crowned Miss Panama. LULU GARCIA-NAVARRO, HOST: Panama is sending its first Indigenous woman ever to the Miss Universe contest. And in Latin America, where pageants are a big deal, that’s a big deal. Rosa Iveth Montezuma’s win as Miss Panama is […]

August 20, 2018

Beautiful Home in Panamonte Estates


News from Panama

Price reduced to $499,000 to sell. Villa 14 in Panamonte Estates is across the street from our home and have  I watched the owners put a lot of money into remodeling their home that included a new imported tile roof, German style tilt and turn windows and a very nice kitchen.  Consisting about 4,000 square […]

August 13, 2018

Chile takes OPEN approach to boost productivity


News from Panama

I really was blown away by Chile and how productive the economy is there.  I was aksed what was the one thing that most impressed me there and I said “the people”.  They want to work and enjoy the good life there. Chilean President Sebastian Pinera on Friday announced the creation of a National Office […]

August 13, 2018

Tender to Extend Metro Line 2 Delayed


News from Panama

August 31 is the new date to submit proposals to design and build the branch that will connect the future Higher Technical Institute of the East, with Tocumen International Airport. Metro de Panamá has granted a second extension to the deadline for delivery of bids, so that the companies interested in the tender can present […]

August 13, 2018