Another import from the US is embraced by Panama! After a weekend of ”super offers” in the main shopping centers of the country, Panama Black Weekend closed with profits that exceeded 50 million dollars, it was reported here today. Visitors from Argentina, Ecuador, Nicaragua, Costa Rica and Peru, among other countries, benefited from discounts […]
The Confucius Institute at the state-run University of Panama (UP) plans to inaugurate new headquarters here in the Panamanian capital to boost cultural exchange between China and the Central American country. New facilities are being readied at the UP, including two classrooms for basic and advanced students of Mandarin, a library, an audiovisual department, […]
Panama has agreed to extradite a former state governor from Mexico’s ruling Institutional Revolutionary Party (PRI) who is wanted in his homeland on corruption charges, the two countries said on Monday. Roberto Borge, who from 2010 to 2016 was governor of the state of Quintana Roo, home to the tourist resort Cancun, was detained […]
This is an incredible video done by JeffHK. If you love shipping, photography and the high seas, this is your vid. Best watched on a big screen. 30 Days at Sea, sailor and nautical youtuber JeffHK‘s masterful timelapse video containing over 80,000 photos combined and 1500 gigabytes of Project files. “Sailing in the open ocean is a unique feeling […]
Panama is open for business — but money launderers need not apply. That was the message of Juan Carlos Varela, president of Panama, speaking with the Post on Thursday night at a party he hosted at the Four Seasons Hotel in New York, where he sipped on gourmet Panamanian coffee and feasted on his country’s […]
The new maritime single window promises to speed up the transshipment process, improve port exit times and reduce the use of paper through a digital system. From a statement issued by the Panama Canal Authority: From today, the Panama Maritime Single Window (VUMPA) will operate for ships arriving as of Sunday, September 24, according to Jorge L. […]
This is an excellent interview and worth watching. Panama Finance Minister Dulcidio de la Guardia discusses the supervision of the country’s financial industry with Bloomberg’s Erik Schatzker. (Source: Bloomberg)
My friends at Punta Pacifica Realty in Panama City raises an exciting possibility. An intriguing possibility has emerged as Panama formally launches diplomatic relations with China. The Panama government has reportedly discussed the possibility of China building a high-speed rail line from Panama City to the western city of David. This would be a game […]
This huge and a real game changer for property owners in Panama. If you own a primary residence with a registered value of $120,000 or less, you pay no real estate taxes – Forever!!! Plus, any amount from $120,000 up to $700,000 will be taxed at only one half of one percent. That means that […]
In this post, I will share some of my experience with building here in Panama. This is packed with ideas that I can share with you and hopefully I can help you with your building project here. During college, I learned the construction trade, building both all wood and all concrete structures. I developed skills in […]