Best Time to go to Panama


News from Panama

While anytime is a good time to visit Panama, our summer weather from December to March is perhaps the best time of year.   We have the Boquete Jazz and Blues Festival this month from the 21st through the 24th and this years line up is great.  Next month we have  the biggest party in Panama, […]

February 6, 2019

Trade Missions to Panama, Canada and Spain


News from Panama

The first three trade missions organized for exporters in Guatemala will focus on the potential of mass consumer and agricultural products in those markets. rom the Agexport press release: The Trade Intelligence Unit of the Department of Market Development and Commercial Promotion of AGEXPORT, will carry out in 2019 different commercial missions towards the “Best […]

February 5, 2019

Corruption in Central America: Perception or Reality?


News from Panama

In 2018, the perception of corruption in public institutions increased in all countries in the region, except Panama, where it remained the same as in 2017, and El Salvador, where it slightly decreased. As in previous years, Nicaragua’s public sector continues to be considered the most corrupt in the region (level of transparency 25 on […]

February 4, 2019

Tender for Fourth Electric Transmission Line Postponed


News from Panama

March 28 is the new date to present proposals for the design, construction and operation of the Fourth Electric Transmission Line in Panama. The modification to the terms of the public tender was carried out by the Empresa de Transmisión Eléctrica (Etesa) at the request of the companies pre-qualified in the process. The project includes […]

February 4, 2019

Better Stock Market Figures


News from Panama

In 2018, the volume traded in the Panamanian Stock Exchange totaled $6.100 million, 15% more than the data reported in 2017, mainly because of the behavior of the primary market. The increase in the volume traded in 2018 represents a recovery in the stock market, since in 2017 the stock market activity of the Panama […]

February 4, 2019

Panama: Strengthen Penalties Against Evaders


News from Panama

With a majority vote, Project 591, which criminalizes tax evasion in the Criminal Code and is considered a crime resulting from money laundering, was approved in the third debate, informed the Legislative Assembly. “The project establishes in article 288 G that anyone who, for personal benefit or the benefit of a third party and with […]

February 4, 2019

Senate President attends FOPREL meeting in Panama


News from Panama

President of the Senate, Lee Mark Chang, is in Panama attending the 37th meeting of Presiding Officers of National Parliaments of Central America and the Caribbean Basin (FOPREL). The meeting’s highlight took place on January 30th, with an official handing over ceremony of the organization’s Pro Team Presidency from the congress of Honduras to the […]

February 4, 2019

Construction Closed 2018 with Negative Balance


News from Panama

Consistent with the downward trend reported since the beginning of last year in Panama, during 2018 the cost of new construction, additions and repairs fell 39% compared to 2017 Data from the General Comptroller of the Republic detail that the performance of the construction sector in 2018 was negative, since the cost of new constructions, […]

February 4, 2019