Panamanian Economy will Rebound in 2019


News from Panama

This year, the economy is expected to grow 3.8% and in 2019 the increase could reach 5%, which would be determined by the activities of the Canal, transportation, mining and telecommunications. The Indesa firm forecasts that next year Panama‘s economy will increase its dynamism compared to 2018, since the activities related to the external part […]

December 27, 2018

On Location: In Panama, Where Even the Oceans Meet


News from Panama

Cheryl Rosen writes in Travel Advisor of Panama’s allure and ranking in Lonely Planets’s Top 10 Countries to visit. As the country where east meets west and north meets south celebrates its 500th birthday in 2019, we complete our new convention center, a new wing in the airport,  new highway to the beach.  Even the Pope will […]

December 27, 2018

Valle Escondido Condo for Rent Only $950 per Month


News from Panama

Fully Furnished Ground Floor Valle Escondido Condo for Rent for Only $950 per Month.  Comes with a covered parking space at front door and rear door opens to patio and gardens.  All facilities of golf, tennis, spa, gym, indoor swimming pool, racketball and putt putt available on a fee paid basis.  Tenant responsible for electrical, gas […]

December 20, 2018

Increasingly Less Investment in Construction


News from Panama

Because of the behavior of residential construction, $750 million was invested in projects in the first nine months of the year in the Panama district, 49% less than the same period in 2017. One of the causes of the considerable drop in activity in the country is that this year the Panamanian construction sector had […]

December 17, 2018

Argentina, Panama, Paraguay and Uruguay to share tax information with each other


News from Panama

The governments of Argentina, Panama, Paraguay and Uruguay have joined forces to create a Latin American initiative to tackle tax evasion and corruption by making sharing and making better use of the information exchanged under international tax transparency standards. The countries have agreed to “consider the possibility” of making a wider use of the information provided […]

December 16, 2018

Japanese Exchange Bitpoint Launches Trading Platform in Panama


News from Panama

On Wednesday Dec. 12, Japanese cryptocurrency exchange Bitpoint announced the launch of a crypto-to-fiat trading platform in Panama. The regulatory-compliant exchange will offer USD pairs with top cryptocurrencies like bitcoin cash, ethereum, bitcoin core, litecoin, and ripple. Bitpoint is a licensed cryptocurrency exchange operator headquartered in Tokyo that has just announced the company’s first international […]

December 16, 2018

CIS in Panama and Costa Rica: How America Filters Potential Terrorists in Distant Lands


News from Panama

At least every other day, the long arm of America’s counterterrorism effort reaches out and touches this essentially lawless, smuggler-ridden town on the Panama-Costa Rica border According to an agreement between Panama and Costa Rica, busloads of northward-moving migrants that American homeland security authorities know as “special interest aliens” arrive at the Costa Rica immigration […]

December 16, 2018

$450 Million Loan Approved for Road Works


News from Panama

Banco Centroamericano de Integración Económica signed a loan contract with the FCC Consortium to finance the six-lane extension of the beach corridor in Panama, Section I: La Chorrera-Santa Cruz. The project “Expansion to six lanes, Las Playas Corridor, Section 1: La Chorrera-Santa Cruz, which has an approximate length of 36.3 kilometers, and begins at the […]

December 16, 2018