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 […]
Panamanian businessmen are opposed to extending price controls on 14 products in the basic family food basket for six months. The list of products whose prices are controlled includes slank, ribbon steak, ground beef, whole chicken, rice, onions, yams, national potatoes, perita tomatoes, yucca, powdered milk, sliced bread, processed American yellow cheese and sausages. You […]
Although at the beginning of the Cortizo administration it was announced that the price control system for the basic basket would be gradually removed, now the Panamanian president is threatening to add products that were already excluded again, if their prices rise. On January 7, it was confirmed that the price control on 14 products […]
Drought is seriously affecting today the Panama Canal, making 2019 as the fifth driest in the past 70 years in its river basin; intense work is being done to guarantee its operations. With this in mind, the facility authorities worked modeling extreme conditions of lack of rain, in order to try to carry out […]
The Panama Canal. Flowering trees, palm-studded beaches, free winds for everyone. Hundreds of bird species fly through the Isthmus of Panama each year between North and South America. Now, Cynthia Inglett, 22, has made that Central American country her destination. “I am going to be an environmental educator,” said Cynthia, who will begin her tour […]