The Cabinet Council has approved sending a bill that creates the obligation to maintain accounting records for legal entities that do not have operations in Panama. The bill submitted days ago by the Executive establishes penalties ranging from suspension of corporate rights to the dissolution of the company in cases where there is failure to […]
Panamanian painter Rolando “Rolo” De Sedas has devoted himself to changing the gray cityscape of Panama’s capital by giving people access to colorful public art. “Rolo” says that he always seeks to make his work accessible and to adapt it to urban spaces so that people who cannot go to a gallery may have the […]
Amid smoky and beat-up buses, street vendors and hillsides crammed with rickety shacks, the only temple of the Baha’i faith in Latin America rises like a stalagmite on the summit of a leafy green hill. “People who come to visit us can’t believe that this place exists in such a difficult and chaotic environment,” Abdiel […]
More than 230 cruise ships will transit the Panama Canal during the 2016-2017 cruise season, which begins on October 4, 2016 with the transit of the Coral Princess, on a voyage from Los Angeles, California, to the U.S. East Coast. “We expect the major cruise lines will use the Panama Canal route during the cruise […]
More good news about Panama!! Fitch Ratings has affirmed the following ratings for Autoridad del Canal de Panama (ACP): –Long-Term Issuer Default Rating (IDR) at ‘A’; –USD450 million senior unsecured notes at ‘A’. The Rating Outlook is Stable. The ratings reflect ACP’s solid revenue profile and low leverage levels. The Panama Canal offers unique connectivity […]
Rico reports in Costa Rica about the differences of opinion on Panama as a Central American country. Every so often the debate comes up, especially when getting together with Tico friends (yes, though difficult to believe, I do have one or two Tico friends), is Panama is part of Central America. Yes and no. On […]
So, I broke down and bought a drone, a Phantom 4 to be precise. After a couple of flights around the soccer field here in Boquete, I was ready for the mountains. This is a work in progress as it combines flying and photography at the same time. Give me a few months and I […]
Remember Well this hellish moment! This column by Leonard Pitts Jr., republished here as the U.S. prepares to mark the 15th anniversary of 9/11, was first printed in the Miami Herald after the 2001 terror attacks. Pitts, who won the Pulitzer Prize for commentary in 2004, received more than 26,000 emails in response. They pay […]
Panama Advisory International Group Is pleased to announce that we have been retained by the shareholders of this property on an exclusive basis This fully titled property consists of 509 hectares or approximately 1,250 acres in several large tracts.The property has numerous streams providing a constant supply of good water and there is canyon frontage […]
Some vessels seized by authorities and creditors, with others refused entry to ports unload after South Korean company loses the support of banks. The bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion, with giant container ships marooned and merchants worrying whether hundreds of tonnes of goods being […]