The government plans to grant exemptions and other tax incentives to banks that finance investment projects in the Colón Puerto Libre commercial zone. The objective of the Ministry of Commerce and Industries is to facilitate commercial investments in Colón Puerto Libre, through the exemption of several taxes, for banks that grant loans to companies interested in settling in the duty-free zone. […]
Beijing’s diplomatic victory holds little relevance to most Chinese immigrants in Panama or their relatives back home. When Panama broke ties with Taipei in June and established diplomatic relations with Beijing, the tiny village of Qixin was suddenly flooded with reporters. Nearly everyone in Qixin has relatives in Panama, the Central American isthmus […]
In a last-minute reaction, the defense of former Panamanian President Ricardo Martinelli asked the US South District Court of Florida to extend the extradition of the accused for 30 days, it was reported here today. The lawyers intend at that time to prepare and file a apply for an habeas corpus before the Eleventh Circuit […]
In the city of Ciudad Juárez, the streets are rife with industrial growth. Many have moved here from Mexico’s countryside to be close to the automotive and metalworking manufacturing boom. But one group of men and women still grasp at the past, keeping a tradition alive through the bold style of the Pachuco. More….
Besides other areas in Panama, our City of David will be getting the second stage of the Metropolitan Park. In Panama, tenders have been launched for construction of a park in Chiriquí, a sports complex in Herrera and a bicycle lane in the district of Panama. Panama Government Purchase 2017-1-35-0-06-LV-006886: “Study, design, renovation, construction and equipment of the Olmedo Sáenz sports complex […]
Panama and Nicaragua are among the ten countries in Latin America with the highest risk of money laundering, according to the Basel Institute of Governance. The anti-money laundering index (AML) prepared by the Basel Institute of Governance places Panama in fourth place in the list of countries with the highest risk of money laundering and financing of terrorist activities […]
An increase in the cost of construction permits, new rates for services from public entities and a more expensive labor force explain a large part of the increase in real estate sales prices. The guild of construction companies in Panama states that prices for homes, shops and apartments are so high that in many cases buyers can not afford them. The increase, they say, […]
This is very cool equipment that harnesses energy from fuel that it creates. Recycling technology developed in La Crosse will soon be used to keep the waters of the Panama Canal clean. INOV8 International Inc. is preparing two evaporators for shipment to Panama, where they will be used to treat dirty bilge water, which […]
Steve Yanoviak remembers walking through a forest in Panama in 1996 as a storm was brewing. He watched as lightning hit a tree just 10 meters away. That brush with death didn’t deter the University of Louisville (Ky.) ecologist, however. He has returned to Panama for the past 25 years to study ants, spiders, […]
Here is a way to play the lotto anywhere in the world and win!! “I really was needing the money! Really, really!“ It was June and in Central America, Aura was reading up on some online news from her home in Panama City when she then stumbled upon an article about teenage EuroMillions lottery winner […]