A bill has been submitted to the National Assembly proposing to prohibit the practice of advance discounts for late payments. The document also provides that banks agree to enter into a payment arrangement with the debtor when the customer is more than 90 days late in paying the loan. See “Panama: Loan Portfolio Still Rising” […]
FacePhi has signed a contract with Credicorp Bank, S.A., an operation which will reinforce its presence in Panama. The technology company, a leader in facial recognition within the financial sector, has been active in the Panamanian country since 2019. With this new agreement, the Spanish company shields its business relations with the financial institutions of […]
After several complaints filed in the bidding process for the design and construction of Metro Line 3, the authorities decided to dismiss the allegations made by the ACPC Consortium and the company China Railway Group Limited. In December 2019, it was announced that the report of the evaluation board had been partially annulled and the […]
My good friend James Wiese has been passionate about initiating interest and following up on recovery efforts of a US Navy warbird that crashed deep in the jungles of Panama. The latest–The recovery team has returned from their trek into the steaming jungle of central Panama and confirmed the identity of the plane as that […]
BEST FOR: Contemporary rooms with business-friendly amenities. DON’T MISS: Panoramic views of the city’s financial district from the rooftop pool. PRICE: Internet rates for a traditional room start at $76. CONTACT: AC Hotel Panama City, Calle Ricardo Arias 8, Campo Alegre Area Bancaria, Panama City, Panama. Tel +507-394-7777 achotels.marriott.com VERDICT: Guests will find exceptional hospitality, sleek design and boutique-style […]
John Burson, a contributor o Benzinga outlines some steps in retirement here. Panama has a lot to offer retirees. It has all the appeal of a tropical getaway with the advantages of metropolitan living. If you want to put Panama in your retirement plan, here are some things we’ll show you to prepare. Cost to […]
“The Good Times Music Review” just finished it’s second week run and was completely sold out!! Boquete Community Players is doing good stuff for our community, and it appears that the community likes and supports what BCP is doing. Thank you to the BCP management, and the producers, the performers, and the support staff for this show. […]
Very cool, a must watch. Commencement Speech to Kenyon College class of 2005 written by David Foster Wallace.
In the first half of last year, imports of vehicle parts into Panama totaled about $127 million, representing a 14% increase over the same period in 2018. Variation in Imports According to CentralAmericaData’s estimates, between January and June 2018 and the same period in 2019 the value of imported vehicle parts and replacements in Panama […]
During the first six months of 2019, coffee exports from Central American countries totaled $1.782 million, 8% less than what was reported for the same period in 2018. Honduras, Main Seller In the first half of 2019, the main coffee exporter in Central America was Honduras with $708 million, followed by Guatemala with $454 million, […]