Authorities launch plans to create a greener canal, including a pilot program utilizing electric vehicles and alternative fuels to power equipment. The Panama Canal is advancing its sustainability goals, with plans to become carbon neutral by the end of the decade, canal officials said this week. The Panama Canal Authority said Monday it has launched a […]
In recent years, Panama has experienced the impacts of climate change, from flooding and landslides caused by torrential rains to hurricanes that killed 20 people last year. Rainforests cover 65% of Panama, but between 2012 to 2019 the country lost around 2% of its forest per year. Officials are now taking steps to combat forest […]
If you are going to deposit money in a bank in Panama, do your homework. While rates stay strong at 3 to 5%, be careful. I am opting for Banco General is one of the best banks and strong compared to some of the others. I have also noticed a decline in service like Scotiabank […]
Through Executive Decree No. 722 of October 15, 2020, Panama has created the subcategory of Permanent Resident as a Qualified Investor; It is specifically focused on those foreigners who invest, at least, an amount of $ 500,000.00 from a foreign source, which may be in a personal capacity or through a legal entity, in which […]
I follow Simon black on a daily basis. He is a successful international businessman who has a good understanding of what is going on these days. With a new government and president comes a lot of questions. A- What is going on? B- What should I do about it. Let’s start with A- What is […]
As soon we get vaccinated, we are good to go cruising!! Check out this small-ship cruise ship line. Stay Safe!!
Travelers arriving by plane in Panama having stayed in South America for 15 days or more will have to follow the new anti-covid-19 protocols in force since Monday, health and immigration authorities announced. In addition to submitting a negative PCR or COVID-19 antigen test carried out within the previous 48 hours at the airport of […]
The Savings Bank is a state bank, which is governed by the rules of the market as if it were another in the square. But there have been occasions when, because it is a state bank, some take advantage of it and its behavior ceases to be that of another bank to be the bank […]
Press freedom, according to a ranking by the prestigious Reporters Without Borders organization, begins to suffer the consequences of a closed and non-transparent policy when the media tries to report corruption issues. In this last measurement, freedom of the press in Panama dropped one notch, ranking 77 out of 180 countries studied. “Journalists in Panama […]
Panama will purchase another 2 million doses of Pfizer Inc and BioNTech’s vaccine against COVID-19, bringing its total purchase of this vaccine to about 7 million doses, the government said on Tuesday. The Central American nation has already received about 600,000 doses of Pfizer Inc and BioNTech’s vaccine. With the additional purchase, the government said […]