Tocumen Duty Free Tender in January 2017


News from Panama

The administrators of the international airport in Panama City announced that they will launch a tender in January for the business premises in Terminal 1. Although the administration of Tocumen International Airport said on several occasions that they estimated holding the tender before the end of the year, especially after the problem which occurred with […]

November 28, 2016

Panama: Better Road Access to Amador Needed


News from Panama

Extending the coastal strip number 3 and building a cable car that connects Amador with Metro Line 1 are two of the options being considered to solve the problem of traffic congestion in the area. In this area plans scheduled for 2018 include the entry into operation of the Convention Center, which added to future […]

November 28, 2016

Panama Tourist Arrivals Up 7%


News from Panama

Between January and September 5.5 million passengers came into the country which is 7% more than in the same period in 2015, and spending went up by almost 6% in the same period. In the first nine months of the year 5,585,000 tourists arrived in the country, spending $3.4 million during their stay, 5.6% more […]

November 28, 2016

Central America Happy Over Trump´s TPP Decision


News from Panama

If the United States withdraws from the Transpacific Agreement, there will be less risk of competition from Asian countries for the Central American textile industry. If the US does eventually abandon the Trans-Pacific Partnership Agreement (TPP), as promised by President-elect Donald Trump, the Central American textile industry could benefit from the elimination of the possibility […]

November 28, 2016

Why Getting Residence in Panama is a Good Idea


News from Panama

Linda Card writes for International Living about the advantages of obtaining a resident visa in Panama. Millions of people travel the world as tourists and millions more on business. It’s wonderful to get out there for whatever reason to see different places and have new experiences. Fewer people choose to live overseas and obtain residence […]

November 28, 2016

$594 million Port in Colon


News from Panama

Panama Colon Container Port has submitted an Environmental Impact Study to build a port terminal in Isla Margarita, Cristobal, province of Colon. Panama Colon Container Port Inc. presented the Environmental Impact Assessment (EIA) for the construction of a container port in the area comprising the sector Margarita Bay in the village of Cristobal, district and province […]

November 20, 2016

Panama: Ultimatum Issued to Colombia Over Tariffs


News from Panama

The South American country has until 22 January 2017 to implement the recommendations and rulings established by the Dispute Settlement Body of the WTO. The announcement of the WTO comes after Colombia announced the replacement of the controversial mixed tariff by a threshold of $10 / kg for clothing and between $6 and $10 per […]

November 20, 2016