Panama has enlisted the help of Foley Hoag LLP to defend it from arbitration initiated by the Spanish construction company Sacyr SA regarding cost overruns incurred during a project to broaden the Panama Canal, Law360 learned on Tuesday. Reports emerged early this week that Sacyr, a member of the consortium Grupo Unidos Por El Canal […]
The documentary on Panama’s most popular actor, musician and presidential candidate won the Audience Award at the 2018 SXSW festival. The Panamanian Academy of Film Arts and Sciences has chosen Abner Benaim’s documentary Ruben Blades Is Not My Name as the country’s bid for the Oscars in the foreign-language category. The film follows actor and […]
At 25,000 square feet, the world’s first indoor vertical farm is also one of the largest farms. Located 120 miles south of Seoul, South Korea, fruits and vegetables grow without soil, bathed in light from pink LEDs.
This is a great video compilation of the great dancers we used to have put to a modern tune.
Mortgage and personal loans continue to be responsible for much of the 5% increase in domestic credit to the private sector, recorded between June 2017 and the same month in 2018. According to the latest report by the Superintendency of Banks, in the sixth month of the year the credit portfolio of the private sector […]
Now this is what I call a real cruise!! Luxury cruise line Seabourn has announced their first world cruise in six years with a 146-day journey across five continents. The world cruise, called “Extraordinary Destinations,” will set sail in January 2020. Starting in Miami, Florida, guests will visit 62 ports before reaching their final stop in San […]
The largest percentage of those who are illiterate in Panama is concentrated in the comarca of Ngabe-Bugle and the provinces of Veraguas and Panama. Cuba’s internationally recognized literacy program, Yo si Puedo, has helped Panama reduce its illiteracy rate by half over the past 11 years. In 2010, Panama’s comptroller demographic census revealed that a […]
In Panama City a reduction of almost 20% in the prices of residential rents has been reported, particularly in areas that five years ago registered the highest prices in the capital. The high supply of apartments and houses in residential areas has pushed down prices, especially in areas such as Paitilla, Balboa Avenue and Costa […]
Journalists in Panama are being sued by officials and politicians displeased with coverage about themselves. Panamanian journalists walked out from their newsrooms Wednesday to demand that authorities put an end to persecution, harassment and economic attacks in the form of lawsuits filed by officials and politicians unhappy with coverage of their actions. Editors, television presenters […]
In Panama, a bill that regulates the activities of call centers has been approved, leaving companies in the sector free of direct and indirect taxes. The National Assembly reported that, in a third debate, approval was given to Bill 653 which regulates the activity of call centers for commercial use. According to a statement […]