The Panama Canal said on Monday it will cut its daily slot reservations due to droughts, and impose a “freshwater” charge on ships to maintain the thoroughfare’s levels, tightening access to one of the world’s most important trading routes. Canal Administrator Ricaurte Vasquez told a news conference that from Feb. 15, a fixed charge would […]
The chain of department stores that had a branch in the Panamanian market, announced that since January 12 it stopped operating in the country. The company made the announcement official on the morning of January 11, but in its publication broadcast on social networks, no further details were given of the reasons that motivated the […]
Panamanian President Laurentino Cortizo will have important meetings with his Central American counterparts today in the context of the activities for the swearing-in ceremony of Guatemala’s President Alejandro Gianmattei. According to a note from the Panamanian Presidency, Cortizo assured that ‘this is a great day for our brother country,’ where ‘we will have a […]
From February 5 to 7, the event called “Expo Machine 2020” will take place in the country’s capital, where several types of machines, equipment, products and services from the construction, industrial, logistics, maritime, mining and agricultural sectors will be offered. The event‘s organizers informed that for this year’s edition, 70 exhibitors will participate, including national […]
In Panama the government estimates that in 2020 the economy will grow between 4% and 4.5%, a rise that would be determined by the behavior of construction, tourism and exports. According to estimates from the Ministry of Economy and Finance (MEF), by the end of 2019 the increase in the Gross Domestic Product (GDP) could […]
The world’s second-biggest fashion retailer H&M (HMb.ST) said on Friday it would open a first store in Panama at the end of 2020, making the country its first Central American market. An H&M spokesman said the store would initially not be accompanied by an online store, and there were no concrete plans currently to expand […]
This place is nonstop,” Oliver Riding said, pointing to the seat of our golf cart where his phone beeped and chirped constantly during our round at Santa Maria Hotel and Golf Resort. “Listen to this thing. I know what each (beep) means, so I know the important ones.” There were a lot of important ones […]
This farm or finca is 5 hectares or over 12 acres of flat usable land. There is road access, a water line and electricity to the property. Irrigation water is by private well with one nearby producing 30 gallons per hour at 100 feet. Nearby farms include livestock and green housing vegetable production. Hydroponic lettuce, […]
Here is a nice article about our Flower Festival. It is in full swing again this year and our little town is packed with visitors. David Bell writes in Your Panama about his thoughts. Flower festival in Boquete is something visitors should definitely include on a trip to western Panama. From the 11th to the […]
Until January 13, 2020, the Sworn Declaration of Liquidation of the Selective Consumption Tax on Soft Drinks may be presented in Panama, corresponding to November 2019. Law 114 dated November 18, 2019, which entered into force on November 19, 2019, establishes a new rate for the Selective Excise Tax on Soft Drinks, which is why […]