Cost of Air Tickets Curbs Tourism in Panama


News from Panama

Panamanian hoteliers are now trying to counteract the impact of the high costs of air tickets, which in the airlines” criterion respond to the increase in airport taxes and the fuels” price.   According to the CEO of Copa Airlines, Pedro Heilbron, the arrival of more tourists depends not only on advertising and discounts that […]

April 9, 2018

Biggest Chinese Investment in Panama Makes Progress


News from Panama

The container port China is building in the Atlantic entrance of the Panama Canal is 30 percent done and it is the biggest Asian investment in the Isthmus until now.   In only nine months, the project executed 310 million dollars in values, of the 1.1 billion included in its first stage, reported spokespersons of […]

April 9, 2018

Panama welcomes the Trophy Tour


News from Panama

A visit from the FIFA World Cup Trophy Tour™ by Coca-Cola has helped build the already-feverish excitement in Panama, a country eagerly anticipating its first-ever global finals at Russia 2018. Met by fans already full of suspense in the Central American nation on the back of a historic first qualification, having seen President Juan Carlos Varela […]

April 9, 2018

Panama adopts new immigration measures to enhance tourism and trade with Europe and other emerging countries


News from Panama

The Government of the Republic of Panama adopted new immigration measures to continue boosting tourism, trade and investment with the economies of Europe and emerging countries. By Executive Decree, Panama lifted immigration restrictions for citizens who hold a Schengen visa or current residence in the European Union; and approved the flexibilization of visas for the citizens of India. The […]

April 9, 2018

Panama: Bank Credit Grew Very Little in 2017


News from Panama

At the end of last year the banking system’s loan portfolio ended up with a balance of $66,117 million, just 1.4% more than the $65,187 million reported at the end of 2016. The Comptroller General of the Republic reported that the moderate increase is partly explained by a contraction recorded by the external sector’s portfolio, […]

April 3, 2018

What I am watching now


News from Panama

This video is incredible as are the guys that are surfin Nazare, Portugal. Nazaré Portugal is one of the best places in the world for big-wave surfing and it attracts Australia’s best – Ross Clarke-Jones, Andrew Cotton and Mick Corbett.

April 2, 2018