TVN Media Acquires Radio Panama


News from Panama

TVN Media announced that it has signed an asset purchase agreement for Green Emerald Business Inc., which includes six open radio frequencies under the Radio Panama brand and the right to use the LOS40 brand. TVN Media reported that the contract was signed on January 24, 2020, an agreement that follows the company‘s corporate strategy […]

February 4, 2020

Panama: Proposal to Regulate Credit Cards


News from Panama

A bill has been submitted to the National Assembly proposing to prohibit the practice of advance discounts for late payments. The document also provides that banks agree to enter into a payment arrangement with the debtor when the customer is more than 90 days late in paying the loan. See “Panama: Loan Portfolio Still Rising” […]

February 4, 2020

FacePhi seals deal with Credicorp Bank in Panama


News from Panama

FacePhi  has signed a contract with Credicorp Bank, S.A., an operation which will reinforce its presence in Panama. The technology company, a leader in facial recognition within the financial sector, has been active in the Panamanian country since 2019. With this new agreement, the Spanish company shields its business relations with the financial institutions of […]

February 4, 2020

Panama: Line 3 Close to Being Awarded


News from Panama

After several complaints filed in the bidding process for the design and construction of Metro Line 3, the authorities decided to dismiss the allegations made by the ACPC Consortium and the company China Railway Group Limited. In December 2019, it was announced that the report of the evaluation board had been partially annulled and the […]

February 4, 2020

Recovery of the US Navy A-6 Raygun 503 Has Begun


News from Panama

My good friend James Wiese has been passionate about initiating interest and following up on recovery efforts of a US Navy warbird that crashed deep in the jungles of Panama. The latest–The recovery team has returned from their trek into the steaming jungle of central Panama and confirmed the identity of the plane as that […]

February 4, 2020

Hotel Check: AC Hotel Panama City


News from Panama

BEST FOR: Contemporary rooms with business-friendly amenities. DON’T MISS: Panoramic views of the city’s financial district from the rooftop pool. PRICE: Internet rates for a traditional room start at $76. CONTACT: AC Hotel Panama City, Calle Ricardo Arias 8, Campo Alegre Area Bancaria, Panama City, Panama. Tel +507-394-7777 achotels.marriott.com  VERDICT: Guests will find exceptional hospitality, sleek design and boutique-style […]

February 4, 2020

How to Retire in Panama


News from Panama

John Burson, a contributor o Benzinga outlines some steps in retirement here. Panama has a lot to offer retirees. It has all the appeal of a tropical getaway with the advantages of metropolitan living. If you want to put Panama in your retirement plan, here are some things we’ll show you to prepare. Cost to […]

February 4, 2020

Where Did All The Hippies Go – BOQUETE OF COURSE!!!


News from Panama

“The Good Times Music Review” just finished it’s second week run and was completely sold out!! Boquete Community Players is doing good stuff for our community, and it appears that the community likes and supports what BCP is doing. Thank you to the BCP management, and the producers, the performers, and the support staff for this show. […]

February 4, 2020

Auto Parts: Panamanian Market Grows by 14%


News from Panama

In the first half of last year, imports of vehicle parts into Panama totaled about $127 million, representing a 14% increase over the same period in 2018. Variation in Imports According to CentralAmericaData’s estimates, between January and June 2018 and the same period in 2019 the value of imported vehicle parts and replacements in Panama […]

January 28, 2020