Which country’s government subsidized 7 international airports and remains the number 1 destination for tourists??? In its latest update of economic growth projections for 2019, ECLAC estimates that the Dominican Republic will close the year with a 5% increase, followed by Panama, which would reach a growth rate of 3.7%. According to economic growth projections […]
Panama will reimburse Norwegian Cruise Line for the cost of Canal transits over three years, up to a total of $18m, in exchange for operating turnarounds in the country. NCL has become the first cruise line to benefit from Panama’s incentive to encourage homeporting. Transits in 2021, 2022 and 2023 Panama Tourism Authority Administrator Iván Eskildsen […]
Panama needs to understand that AirBnB will increase tourism and cooperate fully with the company and do most other places in the world. Because the legislation currently does not allow the collaborative hosting economy platform to operate in the country’s capital, the company expressed an interest in working with the authorities to remove the ban. For […]
Here is a great article posted by International Living. Jody Mahoney first broached the subject of retiring abroad with her husband, Mark, eight years ago. They’re both avid travelers, and she hoped to find somewhere outside the U.S. with less stress, a lower cost of living, and warmer weather. With Mark on board for a […]
The 15 members of the First United Methodist Church’s mission team returned Oct. 20 after a nine-day mission trip to Panama. The 15 members of the First United Methodist Church’s mission team returned Oct. 20 after a nine-day mission trip to Panama. Our destination was the remote village of Rio Luis, located high up in […]
Although Panamanian businessmen recognize that in the first months of the Cortizo administration there have been advances that could improve the performance of the local economy, it is predicted that the reactivation could take longer than expected. The gradual elimination of price control, the creation of the PPP regulatory framework and greater flexibility in preferential […]
Wisy has become the first startup in Panama to enter the select group of “unicorns“, technological companies with billion-dollar valuations. The company founded by Min and Ricardo Chen and Orlando Reyes in 2016 has revolutionized the field of market research through a formula, dubbed “ludification”, which involves users in different campaigns and goals, in an […]
This years second China International Import Expo (CIIE, started in Shanghai on Tuesday andprovides opportunities for Panama to boost exports, a top Panamanian official has said. Frank Rodriguez, adviser to Panama’s Minister of Commerce and Industry Ramon Martinez, recently told Xinhua that representatives of some 40 Panamanian companies will attend the CIIE, almost doubling the number […]
Texas de Brazil Churrascaria, a family-owned Brazilian-American steakhouse brand, continues to expand its international offerings with the opening of its Panama City location which is also their first in Central America. This new restaurant inhabits the high-end multifunctional complex, Pacific Center which is situated in the exclusive Punta Pacifica neighborhood. Now open to welcome residents […]
So far this year, 17 new company licenses have been approved in the country under the Multinational Companies Headquarters regime, a figure that is higher than the 7 that were reported throughout 2018. In addition to the 17 companies that already obtained their licenses in 2019, there are 7 other companies that are in the […]