Legal Certainty in Doubt


News from Panama

The decision of the Legislative Assembly to not endorse the bill that seeks to approve the contract between the government and Minera Panamá, shows the fragility of the contracts between the Panamanian state and companies. The obstacles to the mining project date back several years, since the legal dispute began in 2009, when the Environmental […]

June 11, 2019

Panama Sells More Fertile Eggs


News from Panama

In the country during 2018, foreign sales of fertile eggs, whose main destination is Central America, reached $6.9 million, 32% more than what was reported in 2017. Figures from the National Association of Poultry Farmers of Panama (Anavip) detail that between 2017 and 2018, exports increased by $1.7 million, going from $5.2 million to $6.9 […]

June 11, 2019

To Woo Investors, Panama’s Cortizo Must Challenge Corruption


News from Panama

Panama’s new president faces daunting struggle against corruption. Panama’s new president, Laurentino Cortizo, vowed to crack the whip on the country’s endemic corruption and boost FDI, but he faces big challenges to achieve those goals as he starts his five-year term in July. “Panama is the fastest-growing economy in all of Central America, but it […]

June 11, 2019

Copa plans low cost Wingo flights for Panama


News from Panama

Newsroom Panama reports on Copa’s entry to low cost cariers. The low-cost airline Wingo, based in Colombia, and owned created by Copa Holdings is expanding into the Panamanian market under the umbrella of a newly created Copa subsidiary. The company has applied to the Civil Aviation Authority (AAC) for permits to offer flights to 11 […]

June 11, 2019

New Golf Course Homes in Lucero


News from Panama

Lucero, which means “brightest star”, is where nature’s beauty meets the best of human design to create a celebrated Panama golf paradise. Here, nestled in the Boquete Highlands of Panama, perfectly temperate weather complements lush emerald greens. With endless views of the Pacific Ocean and majestic Volcan Baru, you will never forget your game here […]

June 10, 2019

$50 Million in Aquaculture Project


News from Panama

A farm dedicated to fish breeding and harvesting is planned in Baru, Panama, consisting of 29 production cages and 10 research cages in the open sea. Forever Oceans Panama, S.A. presented the Environmental Impact Study (EIA) to develop the project called “Open sea cages and marine fish laboratory“, where intensive cultivation of marine fish native […]

June 5, 2019

York man to begin Peace Corps service in Panama


News from Panama

Michael Wall, 25, of York, will depart for Panama in June with the Peace Corps to begin training as a water, sanitation, and hygiene education facilitator. “I have always wanted to work and live abroad, and if I could do some truly important work that I believe in, then all the better. This, combined with […]

June 5, 2019

Panama Wants More as Contract with Minera Stymied


News from Panama

Newsroom Panama reports on a bill approving a contract between the Ministry of Commerce and Industries (MICI) and t Minera Panama) which has invested over $6 billion in the Panama economy. has been rejected by the National Assembly€™s Economy and Finance Committee. The project was included in the agenda of extraordinary sessions convened, until June […]

June 5, 2019

Diego Valanta, Panama’s history-making super sub


News from Panama

Soccer is in full swing again this year! Diego Valanta scored the goal that claimed Panama’s first-ever U-20 World Cup win It also secured Los Canaleros a meeting with Ukraine in the Round of 16 The hero enthused to FIFA.com about bliss in Bydgoszcz Diego Valanta could quite possibly be the most valuable player to […]

June 5, 2019