After the announcement of the Bill that creates the Program for the Modernization of the Logistics Services Infrastructure in the Colon Free Zone in Panama, local businessmen believe that more attractive incentives should be sought. Last April 28, the Assembly reported that the Minister of Commerce and Industries, Ramon Martinez presented to the plenary of the Legislative […]
Smartphones, tablets, video game consoles, internet servers, electric car batteries, all-purpose appliances, and even space rockets are charged with copper. Writes Rodrigo Noriega in La Prensa Throughout Latin America, States are facing dramatic fiscal crises that force them to review taxes and public expenditures to settle accounts. In those countries where mining is an important […]
Panama’s abundant natural attributes alone make the Central American country an obvious choice for retirees. It’s hard to argue with lovely beaches, lush green rain forests, and a warm tropical climate. Add in excellent and affordable healthcare and a retirement visa that offers steep discounts to seniors, and the case is even stronger for retiring […]
The fifth anniversary of the Panama Papers scandal was April 3. Jeff Blumenfeld of MonetaGo asks if it’s still easy to hide a billion dollars and discusses the technology that may make it impossible to hide large amounts by the 10th anniversary of the Panama Papers. April 3 this year marked five years since 11.5 […]
As a result of the blockade that has been in place since July 2020 on the entry of animal products from Costa Rica into the Panamanian market, Costa Rican exports to Panama are reported to have fallen and companies such as Dos Pinos are reporting losses in the millions. The trade conflict began when Panama informed the National Animal […]
After several months of reporting year-on-year declines in the number of vehicles sold in Panama, during the third month of the year an increase of 93% was recorded. The Comptroller General’s Office reported that between March 2020 and the same month of 2021, the number of new units registered in the country increased 93%, going from […]
At a little under and hour in length, this moving film will not let you go until the end! Fishpeople tells the stories of a unique cast of characters who have dedicated their lives to the sea. Featuring Kimi Werner, Eddie Donnellan, Dave Rastovich, Matahi Drollet, Ray Collins and Lynne Cox. Directed by Keith Malloy. […]
On March 29 after an 2-year period of of vacatio legis (absence of law), the long-awaited Law 81 on Personal Data Protection in Panama, originally passed in 2019, came into force. Like recent regulations on data protection in Latin America, Panama’s Law 81 was noticeably influenced by the European regulatory model and includes some of the innovations […]
Large-scale infrastructure projects will be key to Panama returning to economic growth. “The country still has a large infrastructure gap, which presents an opportunity for large transportation infrastructure projects,” says Moody’s in a new report. GDP growth of 8-10% is expected for 2021, following a 17.9% contraction driven by the pandemic last year. Moody’s says that […]
bbean vibes on one side and monster Pacific swells on the other, Panama sits poised to deliver the very best of beach life. Whether you’re looking to snorkel over rainbow reefs, ride wicked waves or simply loll on golden sands, there’s something here for every type of beach bum. Here’s our pick of the best beaches in […]