For failing to comply with minimum capital requirements, the Superintendency of Insurance has ordered the intervention into Alliance Re Reassurance Suisse S.A. for a period of six months. For failing to comply with article 47 of the insurance market law, the Board of Directors of the Superintendency decided to take over operation of the reinsurer for 180 days. In addition to breaching […]
It was good news to hear of Wild Bill’s prison sentence. This guy was an animal and believed to have committed more murders. He will rot in prison as he should. U.S. citizen William Dathan Holbert was sentenced to 47 years in prison by a court in Panama for robbing and killing five other […]
Michael Butterworth cofounder of the Coffee Compass did an interview of Keith Pech who is a coffee grower here in Boquete. Earlier this year we traveled to Boquete, Panama for the Best of Panama competition. While we were there we met a remarkable young coffee farmer named Keith Pech, who manages his family’s farm […]
This is bold move on Panama’s part and a welcome one for our environment. The Assembly has approved a law prohibiting the delivery of disposable and non-biodegradable plastic bags to end consumers in supermarkets and commercial establishments. From a statement issued by the National Assembly of Panama: The proposal is that establishments will proceed with the […]
This week Fort Sam Houston is playing host to Panamax, an annual U.S. Southern Command-sponsored multinational exercise focused on maintaining the stability of the Panama Canal region. 26 countries are taking part. The Panama Canal is one of the most strategically important pieces of infrastructure in the world. Six percent of the world’s […]
Boquete had it’s own Circus performance earlier this month and it was great, including the prerequisite cotton candy! John Hampton, our videographer at large captured a lot of the great moments. This is the first time we have had an international group perform in Boquete and I look forward to their return next year.
As a fan of Anthony Bourdain, I often finds myself flipping through Roads and Kingdoms where he is an Editor-At-Large. This week, Mangos caught my eye and I read this great article by Harsh Mehta called The Quest for the Mango Knows No Borders. Mangos are one of my favorite fruits here in Panama […]
As I am often asked about how to immigrate to Panama, I thought that I would let you know of our personal experiences here. Last week we picked up Susie’s E Cedula which provides for permanent residency here in Panama. 10 years ago we got her a pensionado visa which was a paper document laminated […]
Panama stands to gain from continued engagement on a range of trade issues now being discussed at the WTO, Director-General Roberto Azevêdo said during his visit to the isthmus nation on 2 August. WTO members are now considering how to make progress in areas where Panama has played an active role, most notably services, […]
Italy’s top utility Enel (ENEI.MI) is working with Morgan Stanley to sell its Fortuna hydroelectric plant in Panama as part of broader disposal plans, three sources with knowledge of the matter told Reuters. The process recently kicked off, the sources said, with Enel inviting possible bidders to submit indicative offers for the business, which […]