Panama-Colombia Electrical Interconnection


News from Panama

A Congress of the Guna indigenous people will reconsider whether to allow the execution of the works needed to complete the grid to connect the isthmus with South America. The Ministry of Government asked the Guna General Congress for authorization to conduct field studies in areas in the indigenous region that cross one of the […]

September 28, 2016

Panama: Housing Fair Deals Worth $200 million


News from Panama

During the CAPAC Expohabitat fair about 1500 homes were sold and $200 million traded in mortgage transactions, which is 20% more than projected. The Panamanian Chamber of Construction projected generating $175 million, but $220 million was eventually traded, 20% more than planned and 12% more than the results of the fair in 2015, when $194 million worth […]

September 28, 2016

Panama Approves Tax Information Exchange


News from Panama

Approval of the law on fiscal transparency will establish a mechanism to be followed in order for tax information to be exchanged with the United States. From a statement issued by the National Assembly of Panama: Draft Law No.363, in which an agreement between Panama and the United States is approved for improving international tax […]

September 28, 2016

Tender for Duty Free Spaces in Tocumen


News from Panama

Indications have been given that the tender will be held in October and will include the 77 duty free premises in Terminal 1 which are currently operated by Grupo Wisa and Attenza, of the Motta Group. Among the duty free premises that Tocumen is planning to tender in October, are those which were concessioned to […]

September 28, 2016

Smithsonian opens climate change lab in Panama


News from Panama

The Smithsonian Institution opened its first lab outside the United States, a $20-million research centre in Panama that will study the effects of climate change on tropical forests. Billed as the largest scientific laboratory in Central America, it will monitor carbon dioxide levels and study how trees are changing with the changing climate, Matthew Larsen, […]

September 28, 2016

Boquete Gardens – Luxury Homes for Rent


News from Panama

One Month Free for each year of lease.    Boquete Gardens is located is walking distance to town and short drive to several excellent restaurants and stores. We will offer lease terms of 6 to 9 months.  Rent is $1,500 per month plus utilities.  Call me today to schedule an appointment.  Tom Brymer 6810-1074. Click […]

September 22, 2016