Times of Malta ran this great article. Finance Minister Edward Scicluna draws gasps and says he won’t point fingers. Finance Minister Edward Scicluna told financial practitioners on Monday that Panama “is all history now”, though he quickly backtracked when confronted about his statement by the Times of Malta. Speaking during the opening of an event organised […]
The Tourism Authority informed CCA-Cocige, responsible for building the Convention Center in Amador, the intention to cancel the contract because of critical flaws in the design and infrastructure. The work was originally awarded to HPC Contratas P&V, but in 2016, after work was halted for 24 months because of a liquidity problem, the project was […]
In Panama, the National Assembly approved Law 63, which promotes and encourages the construction of underground parking spaces through tax benefits. The law initiative approved on February 12 contemplates the following tax incentives: Investment Amount Exoneration time Exoneration percentage $0 to $200 thousand 5 years 80% $200.001 to 500 thousand 10 years 75% $500.001 onwards […]
Jackie Mejia writes in Mitu about the Congolese people in Panama. The Congo Panamanian people have a long history in the Central American country. After centuries in Panama, they are now officially being recognized for their cultural contributions. The United Nations Educational, Scientific and Cultural Organization (UNESCO), encourages the celebration and universal respect of cultures […]
German renewables developer PNE has established a new base in Panama that will serve as headquarters for its push into the wider Central and Latin American markets. As part of the move PNE has also taken over five unnamed projects from compatriot InnoVent, some of which are at the “advanced stage of development”. Some of […]
Michal Doron Gean, 44, and from left: Mindi, 11, Joseph, 3, Uriel, 5 and Malchiel, 7; live in Panama City, flying to Florence. This week at the Tel Aviv airport ? Meet the Gean family: She’s from Israel, he’s from Italy. They met in Japan, and they live in Panama with their five kids. Hello, […]
Last week, I could barely get back into Panamonte Estates as Panama President Varela was meeting with Costa Rica President Alvarado at the Panamonte Hotel and the security forces were huge and very formidable. They met there and called for dialogue as the way to overcome the crisis that has engulfed Nicaragua since last April. Meeting […]
Elizabeth Gonzalez writes in Americas Society, Council of the Americas about the race to the presidential office. On May 5, Panama holds general elections for a president and vice president, all 71 seats in the unicameral Congress, and 81 mayors. While the capital’s mayoral race featuring jailed ex-President Ricardo Martinelli is making headlines, the race […]
A researcher inadvertently discovered the remains of Central America’s oldest marine mammal – a 20-million-year-old tusked sea cow. Steven Manchester, a curator of paleobotany at the Florida Museum of Natural History, had been looking for fossil plants when he stumbled across bones during fieldwork close to the Panama Canal. The researcher had split off from a […]
Ponant has unveiled a new itinerary sailing in Costa Rica and the Panama Canal as the 10-night cruise leaves on the new 180-guest Le Dumont-d’Urville on Jan. 6 2020. Rates start at $5,570 per guest based on double occupancy for the warm-water expedition voyage. The new itinerary is part of Ponant’s Quintessential Collection, a series of […]