Public investment in science, technology and innovation in Panama is barely 1 percent of the Gross Domestic Product, which is insufficient according to experts. Data from the National Secretariat of Science, Technology and Innovation (Senacyt) indicate that in the isthmus about 0.13 percent of GDP is invested in this area. The report states that Senacyt […]
Last year, Panama expanded the Cordillera de Coiba marine protected area from 17,223 to 67,908 square kilometers (6,650 to 26,219 square miles). On April 27th, an international scientific expedition made up of researchers and students from the Smithsonian Tropical Research Institute (STRI), MigraMar, the International Maritime University of Panama (UMIP), the University of Costa Rica and […]
Secretary of State Antony J. Blinken will travel to Panama City, Panama April 19-20 to co-lead a Ministerial Conference on Migration and Protection and meet with President Laurentino Cortizo Cohen and Foreign Minister Erika Mouynes, as well as other leaders from across the hemisphere. The U.S. delegation will deepen our ongoing efforts to improve bilateral and regional […]
ASSIGNMENT OF A UNIQUE REGISTRATION CODE (HEREINAFTER “CUR”): Every lawyer or law firm that intends to provide resident agent services for Panamanian legal entities must be registered in the Unique System of the Superintendence of Non-Financial Subjects. After their registration, the Superintendence of Non-Financial Subjects will assign a Unique Registration Code (hereinafter “CUR”) to each […]
Recent seizures of illegally sourced wood in Panama have highlighted the important role the country plays the international timber trade, due to both its strategic geographical position and valuable species of trees on its territory. On March 28 and 31, Panamanian police seized two containers at ports in the northern city of Colón, carrying a […]
Norwegian Cruise Line’s Norwegian Jewel returns to service and arrived in Colon, Panama, ahead of a cruise that will see the ship homeport in the city for the first time, but also the only time for now. The NCL vessel will embark on a 12-day cruise to San Diego, California. In December of last year, […]
It can be heard said on the streets of Panama that boxing transcends sport in that country and is in fact a religion in itself. Several generations of people have grown up knowing that one of the greatest fighters of all time, Roberto “Manos de Piedra” (Hands of Stone) Duran, was born in that Central […]
In “Panama,” Mel Gibson plays Stark, a CIA operative who recruits James Becker, a Marine veteran played by Cole Hauser, to take on a top-secret arms mission to Panama in 1989, just before the U.S. invasion and the overthrow of Gen. Manuel Noriega. More…
Warmer temperatures this winter in Asia and higher gas demand in Europe are cutting demand for transit of vessels carrying liquefied natural gas (LNG) through the Panama Canal, the waterway’s authority told Reuters on Wednesday. The Canal overall is facing higher seasonal demand for vessel passage with an average of 39 ships per day, and […]
As an attorney for the law firm at the heart of the Panama Papers was cleared in one case, the justice department announced a money laundering trial against 32 other defendants. Thirty-two people will be prosecuted for their alleged involvement in money laundering in Panama following revelations made in the explosive Panama Papers investigation. […]