Take a Walk on the Wild Side in Panama and Nicaragua


News from Panama

Lizzie Pook writes on her travels in Luxury London.  It is a great article. From  howler monkeys and high-adrenaline pursuits to crumbling churches and winding waterways: searching for adventure-luxe in Central America. We’re hovering a thousand feet above the Panama Canal, the propellers close to our heads whipping through the air with a meditative hum, […]

April 16, 2018

Perspectives for New Convention Center


News from Panama

In Panama, it is expected that the convention center that is being built in Amador and which will be completed by the end of the year will generate $18 million in its first twelve months of operation. Construction of the amphitheater, being done the consortium CCA-Cocige, is almost 70% complete to date, and it is […]

April 10, 2018

1.5 BEEELLION sensitive files found exposed online dwarf Panama Papers leak


News from Panama

Security researchers have uncovered 1.5 billion business and consumer files exposed online – just a month before Europe’s General Data Protection Regulation comes into force. During the first three months of 2018, threat intel firm Digital Shadows detected 1,550,447,111 publicly available files across open Amazon Simple Storage Service (S3) buckets, rsync, Server Message Block (SMB), […]

April 9, 2018

Incentives for Fruit Production


News from Panama

Panama is getting smarter in targeting improvements that will make Ag – Business more profitable here in Panama.  We are already looking into better quality Mango and Avocado orchard and the proforma is impressive.  Now the government is stepping up the incentives to include “… the purchase of equipment such as drones, agrometeorology systems, pest monitoring, […]

April 9, 2018

Mountains To Ocean In An Hour And A Half


News from Panama

Boquete is our home.  I sometimes forget how lucky Susie and I are for the privilege of saying that.  It was our anniversary weekend last week so we packed up and headed to my favorite place on the beach, Las Lajas Beach Resort.   We arrived in time for lunch and when on the beach, […]

April 9, 2018

Venezuela halts commercial ties with Panama, suspends Copa flights


News from Panama

Venezuela said on Thursday it was halting commercial relations with Panamanian officials and companies, including regional airline Copa, for alleged involvement in money laundering, prompting both countries to recall their ambassadors. The resolution names Panamanian President Juan Carlos Varela and nearly two dozen Cabinet ministers and top-ranking officials, and says that Panama’s financial system had […]

April 9, 2018

Panama: Plan to Modernize the Financial System


News from Panama

The bill put forward by the Varela administration proposes regulating the operation of crowdfunding platforms, and creates the concept of Family Offices of Patrimonial Administration. From a statement issued by the Ministry of Finance: The Cabinet Council approved on Tuesday the Bill for the Modernization of the International Financial System of Panama, which seeks to […]

April 9, 2018

New Measures Against Money Laundering


News from Panama

In Panama, a list of Panamanians convicted of money laundering, as well as lists issued by the US, Canada and the United Kingdom, will start to be compiled and published. With the aim of preventing money laundering and terrorism, the National Commission against Money Laundering, Financing of Terrorism and Financing of Weapons of Mass Destruction […]

April 9, 2018

More Traffic Projected in Panama Canal


News from Panama

For the fiscal year ending September 2018, the authorities foresee that the cargo that will transit through the Canal will reach 431 million tons, 7% more than in the previous period. According to the Panama Canal Authority, the main reasons for the predicted growth in cargo passing through its facilities are the improvement registered in […]

April 9, 2018

Panama Canal: Leading the Way to Environmental Excellence in the Maritime Industry


News from Panama

Earlier this month, the Panama Canal hosted international experts at an event to discuss ways the global maritime community can adopt more sustainable practices to deliver on their commitments to reducing carbon emissions. During “The Green Connection and the New Challenges of the Maritime Industry” event, the Panama Canal welcomed international experts including Dr. Alkut […]

April 9, 2018