Panama leaves the FATF’s gray list
The FATF excluded Panama from its gray list at the plenary meeting of organization, held in Paris and concluded that Panama has strengthened its system of prevention of money laundering.
Tag: Panama Real Estate
Panama aspires to be a leader in the Global Green Hydrogen Route
The Deputy Foreign Minister of Panama Vladimir Franco, assured that the country aspires to be a leader in the Global Green Hydrogen Route and advances in consolidating itself as the main center of storage, commercialization and transformation of this resource in Latin America. The Panamanian official gave his statements, during the Third Forum on the […]
ACOBIR expects to achieve transactions worth more than US$100 million at Expo Inmobiliaria 2024
The Panamanian Association of Real Estate Brokers and Promoters (ACOBIR), hopes to achieve transactions of more than US$100 million in the new edition of Expo Inmobiliaria 2024, with the support of the participating banks and exhibitors, as indicated by the president of the guild, Álvaro Boyd. This event, which will be held from January 25 […]
Holidays During the Month of November in Panama
As per the guidelines outlined in our Labor Code, the upcoming obligatory rest days recognized as either national holidays or days of national mourning are as follows: Friday, November 3rd: This is a national holiday, and as such, it constitutes a mandatory paid day off. Employees working on this day are entitled to a 150% […]
In Colombian Jungle, Digging Up the Americas’ Colonial Past
With brushes and trowels, Indigenous Colombians are unearthing traces in the jungle of a tragic period in history when their ancestors were violently supplanted by colonists from Spain. Working as amateur archeologists, they carefully brush away dirt to reveal pottery and other artifacts left behind by ancient inhabitants of what in 1510 became Santa Maria […]
Latin America and the Caribbean Climate Week launches next week to boost regional climate action
The Latin America and the Caribbean Climate Week (LACCW) will take place in Panama City, Panama, on 23-27 October 2023, bringing together representatives from local and national governments, Indigenous Peoples, civil society and the private sector to address climate challenges, inspire heightened ambition and contribute to the first global stocktake of the Paris Agreement – a crucial […]
Panama analyzes the implementation of the global minimum tax
The implementation of the global minimum tax, framed in Pillar 2 of the organization for economic cooperation and development, which will apply to companies with international operations whose total consolidated income is greater than 750 million euros or its equivalent in dollars, is analyzed by the Panamanian authorities and CASEM.
President Cortizo sanctions the law that reformed the ‘Electoral Code’ regarding waste
Despite the rejection expressed by various sectors, including the Electoral Tribunal (TE), the Laurentian president Cortizo sanctioned this Friday, October 13, the bill that modifies the Electoral Code, regarding the applications for waste in the plurinominal circuits. Cortizo thus signed Law 403 of October 13, 2023, which amends an article of the Electoral Code, two days after the ruling bench of the Revolutionary Democratic […]
Panama has 3,039,416 people qualified to vote
Less than seven months before the elections in Panama, there are 3,039,416 people authorized to vote in those elections. This figure must vary taking into account that a percentage of citizens must be included and excluded, however the figure for May 5, 2024 will be around 3.1 million people. Of that total number of citizens, 56.22% of citizens […]
The Central American Destination That Will Be Hot With Travelers And Expats In 2024, According To Experts
In Panama City, Panama, a historic city core juxtaposes with modernity in the most intriguing ways. The Central American destination has a skyscraper-studded skyline, almost reminiscent of Miami’s Brickell neighborhood, yet uniquely its own. But step foot on the cobblestone streets of Casco Viejo, a UNESCO World Heritage site, and you’ll find yourself surrounded by […]