This story continues even today. years after the will was thrown out of the court in Panama. Panama today is best known for its economic boom, and rightly so. But unfortunately, poverty and piracy remain as much a part of the country’s image as the Panama Canal. According to the World Bank, half of Panama’s […]
This year the union of housing developers plans to build 10,958 houses and apartments and generate sales of $979 million, 23% more than in 2016. Figures from the National Council of Housing Promoters (Convivienda) indicate that in 2016, 8,864 houses were built and sales of $793 million were made, an increase of almost 8% compared to 2015. […]
Copa Airlines has announced it will add more flights between Chicago and Panama City. Beginning June 1, Copa will operate an additional daily nonstop flight from O’Hare International Airport to Copa’s Hub of the Americas at Tocumen International Airport in Panama, Republic of Panama. The airline currently offers daily nonstop service between Chicago and Panama on […]
The Port of Palm Beach and the Panama Canal Authority (ACP) have extended the term of their Memorandum of Understanding (MOU) by five additional years. Fostering growth and capitalizing on the Panama Canal’s expansion, the alliance between the parties was initially created in order to promote joint marketing initiatives, boost the exchange of information and […]
The Telegraph features one of my favorite hotels in Casco. The expert rating is 8 / 10 with the quote “A beautiful nine-room boutique hotel in Panama’s old city, with spacious apartment-style rooms featuring balconies overlooking the historic former Canal Zone. The site also boasts a lovely restaurant and bar, operated by a separate firm.” […]
James Henderson reports in Seatrade-Maritime of President Juan Varela and his meeting with DP World’s CEO Sultan Ahmed Bin Sulayem. The meeting was to explore logistics and industrial parks and other opportunities related to the Panama Canal expansion. Sultan Ahmed Bin Sulayem stressed the importance of the Americas to DP World and outlined how its […]
Prensa Latina reports on the upcoming International Trade Fair Expocomer 2017. Cuban Tobacco, Rum among Attractions at Trade Fair in Panama <p><img src=”http://piwik.prensa-latina.cu/piwik.php?idsite=3″ style=”border:0″ alt=”” /></p> The presentation of the new purito Cohíba Short and the tasting of the best Cuban rums stands out today among Cuba”s main attractions at the upcoming International Trade Fair […]
A new bill, agreed between the government and the private sector, expands tax incentives granted to companies in the sector through the Certificate of Industrial Promotion. The text was drafted after the government and the private sector reached consensus on how to define tax incentives to which companies in the sector are entitled to. The project […]
Barney Brantingham of Independent News revists Panama after decades to find huge changes to the City. When I first laid eyes on Panama City many decades ago, it was basically a sleepy, low-profile town. Its only claim to fame was the famed canal. Today, it’s the skyscraper boom town of the hemisphere, boasting a skyline of […]
In 2016 the GDP of the industrial sector shrank by almost 3%, affected by a 12% drop in sugar production and 11% in beverage production. In the last two years, the contribution of the industrial sector to the economy has shrunk by $80 million, according to estimates made by entrepreneurs who are members of the […]