In just the last few years, Panama City has won renewed recognition from American travelers. Easy access to the Panama Canal, easily one of the great wonders of the modern world, helps. But the way history melds with a cosmopolitan vibe has many modern-day explorers flocking to the city’s vibrant streets and sprawling shores. If […]
Panama is considering building a passenger train to Costa Rica with China, a project that would require an initial investment of $5 billion, Panama’s President told Reuters in an interview, a sign of the Asian country’s growing interest in Latin America. President Juan Carlos Varela said Panama is promoting infrastructure investment in general and will […]
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, […]
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 […]
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), […]
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, […]
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 […]
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 […]
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 […]
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 […]