Revenues of the Panama Canal closed at $ 3.365.9 billion during fiscal year 2019, an increase of 3.9% reports the Panama Canal Authority (ACP) . Toll revenues, mostly driven by the container ship segment were, $2,592.5 billion said a press release published on Thursday, October 24. The According to the preliminary figures of the Canal […]
Dolores Cadavid, José A Brenes and Rehut Maimon at Anzola Robles & Asociados discuss the long term business visa and how it works here. Long-term transfers Categories What are the main work and business permit categories used by companies to transfer skilled staff? The general work permit rule creates a 10 per cent quota system: salary amounts […]
Colombia’s Grupo Aval, owner in Panama of BAC, has reached an agreement to acquire Multibank Financial Group, the holding company of Multibank Panama, which has assets of US$5 billion. Aval said that the transaction, which will be carried out through its subsidiary Banco de Bogotá, represents an important step in its regionalization strategy, Newsroom Panama […]
Newsroom Panama published another great article on current events in Panama. One of China’s largest car manufacturers, GAC Motor, is considering installing an assembly plant in Panama if the free trade agreement (FTA) that both nations are negotiating is successfully concluded. The company opened its first distributorship for Central America in Panama on Friday, October […]
Great article in MENAFN about Panama about COPA working together on tourism promotion. Copa Airlines , the Tourism Promotion Fund (PROMTUR), and the Tourism Authority of Panama (ATP) launch the campaign to promote the new ‘Panama Stopover’ program, which will seek to encourage the more than 6 million passengers that annually travel throughPanama , include […]
This article was just featured in Architecture and Design and Susie and I can tell you from experience, there is nothing like this in Panama. And it is here in our back yard!! Isla Palenque, a small private island resort off of Panama, emphasizes sustainability as the ultimate luxury At most luxury resorts, a mini-civilization […]
What a wonderful time we had in my favorite part of the world. Volcanos, rivers, cascades, ocean, lakes and mountains like you have never seen before. Southern Chile was colonized by the Germans in the mid 1800s and they transformed the vast forests into pasture where they raised sheep, horses, cows […]
Last year Susie and I visited Chile briefly and then traveled to Buenos Aires in Argentina. Next, we headed south to Patagonia where we stayed in Bariloche, a world renowned lake side ski town. This year we travel south in Chile to Patagonia where we are just two mountains over from Bariloche across the Andes. […]
The Ministry of Public Works of Panama tenders the design and construction to rehabilitate the Gatun – Miguel de La Borda Highway, in the province of Colon. Panama Government Purchase 2019-0-09-0-03-LV-006058: “The project consists of a 67.7 kilometer length approximately, which begins in Gatun at one side of the locks and ends in the town […]
From October 1, 2020, the analog television signal will cease to function in the provinces of Panama, Panama West and Colon, to switch to the digital signal. Starts analog power off countdown for open TV signal. On October 1, 2020, the Digital Terrestrial Television open signal enters into force in Phase I in the provinces […]