$11 Million Tender of Potable Water System


News from Panama

In Panama, a tender for the construction of a new drinking water supply and storage system for the Panama Pacific area has once again been published. The Agency of the Special Economic Area of Panama Pacifico has once again advertised the contest on the Panamacompra website, and according to the details in the tender documents, […]

August 7, 2018

Incentive for Construction of Social Housing


News from Panama

With the aim of encouraging more companies to invest in the development of social housing, the Varela administration has decided to raise from $50,000 to $60,000 the price of social housing solutions that are built in the provinces of Panama and Panama West. In the resolution, which was published last week in the Official Newspaper […]

August 7, 2018

Explore Los Santos, Panama


News from Panama

Eric Bowman explores Los Santos province for Travel Pulse.  This province in my second favorite in Panama next to Chiriqui where I live. While Panama City and the Panama Canal attract most travelers to the country of Panama, there is still so much to see and do throughout this stunning country. Visiting the province of […]

August 7, 2018

For These Billionaires, It’s All About Cruise Fleets


News from Panama

If you are going to cruise, always do it in style. It was a cold and cloudy July day in Reykjavik, and French arts patron Maryvonne Pinault was at a pier fulfilling her godmother duties for Le Laperouse, the first of six 184-passenger, upscale expedition yachts from her husband’s Marseilles-based cruise line Compagnie du Ponant. […]

August 7, 2018

What I am watching now


News from Panama

If you wan’t bragging rights for your new UAV (unmaned aerial vehicle) why not try to fly above Everest.  ABOVE EVEREST, IS THIS CRAZY!! The Russian SKAT 640 4G TERRA unmanned aerial vehicle (UAV) has set the world flight altitude record for light aircraft weighing less than 1 ton by flying over the highest mountain […]

July 31, 2018

Hotel Occupancy Continues to Decline


News from Panama

From January to May of this year, hotels in Panama City reported an average occupancy of 4,799 rooms per day, 7% less than in the same period in 2017. According to figures from the Office of the Comptroller General of the Republic, in May alone the average number of occupied rooms registered a 5% drop […]

July 31, 2018

Social Interest Homes for $11 million


News from Panama

The Ministry of Housing in Panama is putting out to tender construction works for 600 low-income housing projects, which will be located in different districts in the province of Chiriqui. Panama Government Purchase 2018-0-14-0-04-LV-013444:  “Supply of materials, labor, equipment and administration for the construction works on three hundred (300) social interest homes, under the Roofs […]

July 31, 2018

New Rules for SEM Companies in Panama


News from Panama

Having a minimum of five full-time permanent employees is one of the requirements that companies must meet in order to obtain a Regional Offices of Multinational Corporations license, if a bill from the Varela administration succeeds. The bill presented by the Ministry of Commerce and Industries (Mici) to the National Assembly contemplates, among other things, […]

July 31, 2018