Ten companies have already expressed interest in the free zone that Tocumen is set to develop in the airport’s cargo terminal, whose tender is scheduled for the end of November this year. The logistics zone will cover a total area of 35 hectares, but the first stage, which will begin in the first quarter of […]
The Panama-Pacific commemoratives originally were sold both individually and in sets. A single example sold for about double its face value. A three-coin “small set” without a gold $50 sold for $7.50; a four-coin set with only one of the gold $50s was sold for $100; and a five-coin set with both gold $50s […]
Katherine Martinez reports for Associated Press in Panama. Nine years ago, a trove of intricate gold artifacts were uncovered at a little-known archaeological site in Panama. The treasures dating from over 1,000 years ago included gold beads, strange ceramic pots, and chest plates engraved with delicate designs in forms such as a squid and human […]
If the request by the Panamanian Ministry of Commerce and Industries is approved, a new tax of up to 40% could be established on the dividends distributed by Colombian companies. In response to a decision by the Colombian government to extend the import tariff for footwear and textiles from Panama for two more years, the Panamanian […]
In 2016, $21 million worth of wine was imported, 4% more than in the previous year, and 50% of it came from Chile and Spain. Changes in imports Between 2015 and 2016 the import value of wine coming into Panama increased from $20 million in 2015 to $21 million in 2016. Between 2015 and 2016 […]
Now this is what I call a great view! From November 17 to 24, business people from Mendoza will be visiting Panama to explore business opportunities and promote the export of raisins, olives, pasta and fruit puree, juices, preserves, pulses and wines. The delegation of businessmen that is now in Panama is led by the authorities […]
More from Catherine Wong on President Varelas visit to China Panama’s President Juan Carlos Varela voiced his support for the “one-China” principle on Thursday as the country opened its first embassy in Beijing, five months after it ditched Taiwan and established diplomatic ties with the mainland. Varela, who is on a weeklong visit to China, […]
The Trump Ocean Club International Hotel and Tower soars over Panama City bay, a 70-floor skyscraper shaped like a sail. Donald Trump’s first international hotel venture, which opened in 2011, is a mix of condominiums, hotel rooms and a casino. By day it glints in the tropical sunshine, an apparently shining testament to […]
Catherine Wong writes in South China Morning Post about Panama and President Varela visit this month. Panamanian President Juan Carlos Varela said his country’s decision to shift diplomatic ties from Taipei to Beijing could be a model for other countries but would not affect its relations with Washington. In Beijing on a week-long trip […]
In Panama 30 hotels are now working with an application that allows travelers to book and rent rooms for a number of hours and not for a full day. In an attempt to raise their occupancy rate, which at the national level has not managed to exceed 45% in recent years, some hotels in Panama […]