The text approved by President Varela contemplates an increase of 25% to 40% in tax credits for investment in manufacturing and agribusiness. The law that modifies and adds articles to Law 76 of 2009 and establishes measures for the promotion and development of industry was been worked on jointly by businesspeople from the sector and […]
The number of air routes operating between Panama and Europe grew by 62% between 2013 and 2016, and the number of passengers in transit increased from 373,000 to 735,000 in the same period. The main European destinations that could be flown to from Panama a few years ago were Paris, Madrid and Amsterdam, but recently […]
The OOCL France has set a new record as the largest ship to transit the Expanded Panama Canal since its inauguration nearly one year ago. The new record comes less than a month after the COSCO Development became the first 13,000 TEU containership to use the expanded waterway. The vessel went on to set the soon-to-be-broken record as the largest containership to visit the […]
Amigos de Animales May 2017 Newsletter April Clinic Report On Sunday April 30, Amigos de Animales spayed or neutered 168 animals, 77 dogs and 91 cats. This was a very smooth running clinic, not too long for the animals to wake up, fast turnover of the tables, everyone out by 3. We were happy to […]
Jude Webber reports in Financial Times of the arrest warrant issued by Interpol for Martinelli who is wanted here in Panama on political espionage and corruption charges. The arrest warrant comes amid a gathering storm over $59m in alleged bribes paid on Mr Martinelli’s watch in the Central American nation by Brazilian construction company Odebrecht. Interpol has […]
Our little town got a BIG sign this week and it welcomes all to Boquete! Tucked into the green mountain highlands of Panama, in western-most Chiriquí Province, about 60 km. from the border with Costa Rica, your adventure begins here. Come on down to Bajo Boquete where I live! Some of our landmarks include nearby Volcán Barú, […]
An excess of procedures and requirements that must be completed in order to develop real estate projects in the country remains one of the main problems affecting the development of the construction sector in Panama. A study prepared at the request of the Panamanian Chamber of Construction (CAPAC) reveals that “… there has been a decrease in the number of building permits, a […]
A group of German wholesale travel agents will be meeting with local tour operators to explore business opportunities. From a statement issued by the Panamanian Tourism Authority: A total of 11 German tour operators from the Lufthansa City Center chain will be staying for a week in Panama in order to familiarize themselves with the tourist market and set up […]
A ship carrying phosphate rock from Africa’s Western Sahara is on its way to Canada again after being released by authorities in Panama on the weekend. The ship, carrying ore to be used in an Alberta fertilizer plant owned by Agrium (AGU.TO 1.68%), was detained by court order last week in connection with a dispute over […]
Katie Llanos-Small reports in LatinFinance about Panama’s upcoming projects. The Central American sovereign advances financing for a new bridge over the canal, prepares to open bids for construction companies, Finance Minister Dulcidio De La Guardia tells LatinFinance in an interview. Panama will begin taking bids from construction companies in the coming weeks for a bridge […]