Newsroom Panama put out a La Presna article concerning politicians and credit unions. The Office of the Comptroller General of the Republic publicized the finding of alleged “botellas “, officials who allegedly collected their salaries without working, in an institution that was little examined by the public: the Panamanian Autonomous Cooperative Institute (Ipacoop). This institution […]
Bill Federer at WND recounts horrific cost of building engineering marvel. Columbus first landed in Panama on Oct. 6, 1502, during his fourth and final voyage. In 1534, the King of Spain, Charles V, who ruled the first global empire, ordered a survey of the Isthmus of Panama to assess the feasibility of a […]
My friends are traveling and want to rent their 2 bedroom 2 and a half bath home for only $1,350 full service all included including the guard cat! The back yard is huge and situated on the stream running down from Valle Escondido. It is even closer to town than Valle and very private. Two […]
In the first six months of last year, countries in the region imported $38 million in wine, 17% more than in the same period in 2017, a rise caused by purchases from Chile and Spain. Regional business upwards Between the first half of 2017 and the same period in 2018, the value of wine imported […]
Because the economy is on the road to rebound after a temporary slowdown, the entity forecasts that in 2019 will register a 6% increase and not 6.3%, as initially planned. Panama’s economic fundamentals remain strong. The economy is on the road to rebounding from the temporary slowdown and will be gradually converging to its potential […]
On Avenida Balboa, Panama City’s premier seafront avenue, the 50 story tower blocks form a near continuous wall of glass to the Pacific Ocean. At night, however, most of the luxury apartments remain in darkness and the basement casinos are eerily deserted. Panamanian real estate was a favourite investment of the boliburgues, Venezuelans who grew […]
What was already one of the leading destinations for expats in the Caribbean just got another boost. Bocas del Toro, the beach-filled archipelago off the Caribbean coast of Panama, is now home to a new real estate project: the Blue Pearl Island Suites. The new project is set at the Red Frog Beach Resort in […]
Despite the location and the fiscal benefits that in some cases the countries of the region offer, the lack of education of the population will be the main barrier to continue attracting large investments. The lack of guarantee of finding the competent and sustainable human capital necessary for the proper operation of companies is an […]
Panama’s parliament passed a bill on Monday that elevates tax evasion to a criminal offense, in a move the goverment hopes will enable the country to stay on the right side of international regulators. Just two days later, the European Commission (EC) added Panama to its blacklist of countries deemed “uncooperative” on money laundering. The […]
Expansion of highways in Panama and El Salvador, construction of a border bridge in Guatemala and a cultural complex in Honduras are part of the public works to be developed in the region. The interactive platform “Construction in Central America“, compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of […]