Panama Canal 2-Week Cruise on Princess- From $1039


News from Panama

Travelzoo says that the following is a great deal for a Panama Canal Cruise. Check the Panama Canal off your bucket list on this 15-night Princess Cruise, with stops in six countries including Colombia, Costa Rica and Mexico. Sailing in spring offers the best time to see these popular destinations right before the rainy season […]

February 26, 2019

OPINION: Panama’s parasitic ghosts


News from Panama

Newsroom Panama put out a La Presna article  concerning  politicians and credit unions. The Office of the Comptroller General of the Republic publicized the finding of alleged “botellas “, officials who allegedly collected their salaries without working, in an institution that was little examined by the public: the Panamanian Autonomous Cooperative Institute (Ipacoop). This institution […]

February 26, 2019

Wines: Business Grows in Central America


News from Panama

In the first six months of last year, countries in the region imported $38 million in wine, 17% more than in the same period in 2017, a rise caused by purchases from Chile and Spain. Regional business upwards Between the first half of 2017 and the same period in 2018, the value of wine imported […]

February 19, 2019

Panama: IMF Reduces Growth Projections


News from Panama

Because the economy is on the road to rebound after a temporary slowdown, the entity forecasts that in 2019 will register a 6% increase and not 6.3%, as initially planned. Panama’s economic fundamentals remain strong. The economy is on the road to rebounding from the temporary slowdown and will be gradually converging to its potential […]

February 19, 2019

A New Way to Live in Bocas del Toro, Panama


News from Panama

What was already one of the leading destinations for expats in the Caribbean just got another boost. Bocas del Toro, the beach-filled archipelago off the Caribbean coast of Panama, is now home to a new real estate project: the Blue Pearl Island Suites. The new project is set at the Red Frog Beach Resort in […]

February 19, 2019

Curbing Attraction of Foreign Investment


News from Panama

Despite the location and the fiscal benefits that in some cases the countries of the region offer, the lack of education of the population will be the main barrier to continue attracting large investments. The lack of guarantee of finding the competent and sustainable human capital necessary for the proper operation of companies is an […]

February 19, 2019

Panama outlaws tax evasion, as new blacklisting looms


News from Panama

Panama’s parliament passed a bill on Monday that elevates tax evasion to a criminal offense, in a move the goverment hopes will enable the country to stay on the right side of international regulators. Just two days later, the European Commission (EC) added Panama to its blacklist of countries deemed “uncooperative” on money laundering. The […]

February 19, 2019