The situation in Venezuela has been deteriorating almost as fast as the country’s talent has risen in Major League Baseball. And the league has noticed the country’s collapse, both in economic and social order, and decided to shift its annual showcase of Venezuelan baseball talent to Panama. “We didn’t feel that we could provide adequate […]
This is a great article that appeared in The Fish Site about an investment opportunity here in Panama that my friend Bill McGraw has made available to select investors. The time is right for Panama to engage new technology and be at the forefront of the aquaculture industry. There are many reasons to consider aquaculture […]
A Congress of the Guna indigenous people will reconsider whether to allow the execution of the works needed to complete the grid to connect the isthmus with South America. The Ministry of Government asked the Guna General Congress for authorization to conduct field studies in areas in the indigenous region that cross one of the […]
During the CAPAC Expohabitat fair about 1500 homes were sold and $200 million traded in mortgage transactions, which is 20% more than projected. The Panamanian Chamber of Construction projected generating $175 million, but $220 million was eventually traded, 20% more than planned and 12% more than the results of the fair in 2015, when $194 million worth […]
Approval of the law on fiscal transparency will establish a mechanism to be followed in order for tax information to be exchanged with the United States. From a statement issued by the National Assembly of Panama: Draft Law No.363, in which an agreement between Panama and the United States is approved for improving international tax […]
Indications have been given that the tender will be held in October and will include the 77 duty free premises in Terminal 1 which are currently operated by Grupo Wisa and Attenza, of the Motta Group. Among the duty free premises that Tocumen is planning to tender in October, are those which were concessioned to […]
Along with Panama’s growing economy, the Panama Canal will continue functioning at the same rate, which represents six percent of all world trade. A new, extended route could help strengthen the country’s economy in the future, according to President of The College of Economists Olmedo Estrada. He did an interview with international agency EFE this week, in […]
The Smithsonian Institution opened its first lab outside the United States, a $20-million research centre in Panama that will study the effects of climate change on tropical forests. Billed as the largest scientific laboratory in Central America, it will monitor carbon dioxide levels and study how trees are changing with the changing climate, Matthew Larsen, […]
While Baton Rouge is notorious for its traffic congestion, business and civic leaders from the south Louisiana Super Region on a canvas trip to Panama this week are realizing it’s all relative. Rush hour gridlock in Panama City, the nation-state’s capital, is so intense at times that a less than 6-mile trip from downtown to […]
This just in from Reuters. Panama has sent the U.S. Department of State an extradition request for former President Ricardo Martinelli to be returned to the Central American nation, a spokesman for Panama’s Foreign Ministry said on Tuesday. Martinelli, who is accused of using public money to spy illegally on more than 150 people, left […]