Panama has stepped up security along its jungle border with Colombia in an effort to detect irregular migration movements and members of criminal groups. Speaking in Meteti, Security Minister Juan Pino said Friday that the “Wana Humaradá” operation would focus on four strategic points of the Darien region. It aims to prevent drug trafficking, human […]
BUSINESS WIRE – Live and Invest Overseas, the leading resource for people who want to live, retire, and invest overseas, announced today its six best international markets for investment property in 2022: Panama, Colombia, Brazil, Montenegro, Morocco, and the Philippines. These overseas destinations were chosen because they offer untapped, and in some cases, depressed real estate […]
Lufthansa Group’s new long-haul leisure airline, Eurowings Discover will start operations between Frankfurt (FRA) and Panama – Tocumen (PTY) as of March 27 with three weekly flights on Tuesdays, Thursdays, and Sundays operated by Airbus A330. The last operation of the German group in Panama – Tocumen (PTY) was in March 2020 by Lufthansa with […]
The rating actions follow the affirmation of Panama’s IDR at ‘BBB-‘ and the revision of its Rating Outlook to Stable from Negative. The revision of Panama’s Outlook to Stable reflects the ongoing improvement in the fiscal position and a better-than-expected economic recovery following the initial pandemic shock. Fitch’s fiscal expectations have improved amid a stronger-than-expected […]
Warmer temperatures this winter in Asia and higher gas demand in Europe are cutting demand for transit of vessels carrying liquefied natural gas (LNG) through the Panama Canal, the waterway’s authority told Reuters on Wednesday. The Canal overall is facing higher seasonal demand for vessel passage with an average of 39 ships per day, and […]
An incident with a slingshot led scientists to a greater understanding of the relationship between the insects and their host trees. WHILE MANY PEOPLE IN PANAMA were at home, passing time during the pandemic, five kids were out shooting a clay ball at trees with a slingshot. They wanted to give themselves a challenge, so they […]
Panama’s new law on near shoring was signed in December by President Laurentino Cortizo. The law, which still needs rules and regulations, regulates coastal and near shoring activity in Panamanian waters and other areas of the coastal environment. Companies undertaking near shoring need to have an ownership structure where Panamanian nationals own at least 75% […]
Click on the pictures for videos below of our coffee tour It was late Sunday night when I saw an email come in from my friend Rich who had just returned from Europe after 4 weeks of eating his way through Italy and France with his wife Dee. I was almost out of my month’s […]
Ending corruption is top on voters’ minds in Panama, but they’re split over who offers the most credible promise of change. Election Date: May 5 Format: One round, popular vote. Laurentino “Nito” Cortizo, 66, former deputy and minister Democratic Revolutionary Party “I aspire to become president of this country firstly to defend Panama’s interests, which […]
Here is part 2 of our series of road trips here in Panama on the Chiriqui coast in the province where we live. We are extremely fortunate to have found this place when we first came here twelve years ago. Like many people, my wife and I often took trips abroad to see other lands with […]