Jackie Wyer says goodbye to Patrick Van der Zijden, skipper of the Zhuhai, one of 10 70-foot-long ocean yachts that departed Seattle on Saturday for the next leg of the Clipper Round the World Race. They’ll arrive in Panama in about a month. Van der Zijden, who is Dutch, has logged more than 200,000 nautical […]
Public investment in science, technology and innovation in Panama is barely 1 percent of the Gross Domestic Product, which is insufficient according to experts. Data from the National Secretariat of Science, Technology and Innovation (Senacyt) indicate that in the isthmus about 0.13 percent of GDP is invested in this area. The report states that Senacyt […]
Panama may not be the largest export market for U-S pork, but never-the-less, National Pork Producers Council officials say it is an important market. The free trade agreement created ten years ago is about to expire, and NPPC president, Terry Wolters says pork producers want to see the trade agreement continue. Wolters says anytime the […]
The number of migrants crossing the treacherous Darien Gap linking Colombia and Panama more than doubled in the first quarter of 2022 compared with the year-earlier period, led by Venezuelans, Panamanian officials said on Tuesday. In the first three months of the year, 13,425 people crossed the region compared with 5,622 people in the same […]
The Panama Canal Authority proposed a comprehensive restructuring of its toll system on Friday, which would increase rates charged on cargo such as vehicles, oil and gas and soybeans that cross the waterway as ocean shippers rake in record profits. The changes would reduce the current structure to fewer than 60 tariffs from 430 now and focus […]
ASSIGNMENT OF A UNIQUE REGISTRATION CODE (HEREINAFTER “CUR”): Every lawyer or law firm that intends to provide resident agent services for Panamanian legal entities must be registered in the Unique System of the Superintendence of Non-Financial Subjects. After their registration, the Superintendence of Non-Financial Subjects will assign a Unique Registration Code (hereinafter “CUR”) to each […]
The rating actions follow the affirmation of Panama’s IDR at ‘BBB-‘ and the revision of its Rating Outlook to Stable from Negative. The revision of Panama’s Outlook to Stable reflects the ongoing improvement in the fiscal position and a better-than-expected economic recovery following the initial pandemic shock. Fitch’s fiscal expectations have improved amid a stronger-than-expected […]
Here is part 2 of our series of road trips here in Panama on the Chiriqui coast in the province where we live. We are extremely fortunate to have found this place when we first came here twelve years ago. Like many people, my wife and I often took trips abroad to see other lands with […]
We have been taking people around Boquete looking at places to live, invest in land and business opportunities and every-time I go out, I see another place that reminds me of the first trip that I took here in 2006. On my first road trip to Boquete, I knew I had finally found a place that I had […]
Click on the above picture for a aerial tour of Boquete Club Boquete Country Club is a truly inspirational master planned gated community located just five minutes from the town of Boquete. The design of Boquete Country Club, promises a different and special lifestyle. Combining a myriad of leisure facilities and world-class infrastructure including a […]