Modifications made to the law regulating the SEM regime in the country, would have been the reason for reporting during last year the establishment of only seven new companies of this type. Among the reforms to the special regime for the establishment and operation of Sedes de Empresas Multinacionales (SEM) made in 2018, it is […]
First Quantum Minerals Ltd. (FM.TO 1.18%) is poised to fire up a giant copper project in Panama, thousands of miles from its beleaguered mines in Zambia. For bondholders, that’s a welcome distance. The Canadian copper company is ramping up production at the Cobre Panama plant this year, even as a mining tax hike forces it to […]
The measure initially defined as transitory, became permanent in Panama, since the beginning of the Varela administration has been extended nine times, leaving negative balances in some sectors. Juan Carlos Varela will close his administration with a new extension of the controversial measure that regulates the prices of 22 products of the basic basket, affecting […]
The Post-Dispatch editorial “Trump fails Diplomacy 101” (Jan. 7) was spot-on in warning readers about the Chinese takeover of the Panama Canal. The only problem: This information is 20 years old. Also, the editorial board may have a spell-check program error that inserts “President Donald Trump” when it obviously means “President Bill Clinton.” Phyllis Schlafly, […]
Cayman Islands-based catastrophe facility CCRIF SPC has increased its membership with the addition of Panama, which purchased parametric insurance cover for excess rainfall. CCRIF’s membership now stands at 21 countries – 19 Caribbean governments and two Central American governments. CCRIF added four new members to the facility this policy year, which began on June 1, […]
Thank God Panama came to their senses and will not allow Chinese Purse Seining in our waters!! In case you were wondering what these vessels look like here is a picture. Here is an article from Sports Fishing Magazine written by Ursula Marais of Tropic Star Lodge The Fishing Authorities of Panama have announced a clarification […]
In the 1990s the Americans moved to the steamy land of Panama, far away from their former home in the ice and snows off the Great Lakes. To share one car, Fred had his wife drive him to work in the morning and home again–jiggity jig–after work in the early evening. The couple often found themselves […]
Khiron Life Sciences Corp. (“Khiron” or the “Company“) (TSXV: KHRN), (OTCQB: KHRNF), (Frankfurt: A2JMZC), an integrated medical cannabis company with its core operations in Colombia, announced today that the Company will be title sponsor of the first Cannatech Panama summit taking place February 12-13 in Panama City, Panama. Khiron will be prominently featured throughout the summit […]
While World Youth Day is known for bringing together young Catholics from around the globe, later this month it will also prove to be an interreligious affair when a local Jewish synagogue in Panama plays host to Catholic pilgrims during what is widely considered to be the Church’s most important event for young people. Kol […]
With its strategic location between the Pacific and Atlantic oceans, Panama has long been a crossroads for travelers and goods from all over the world. That means that the local food has picked up European, indigenous, Afro-Caribbean, Chinese and Arabic flavors and ingredients. As one local chef puts it, the country is a “gastronomic Babel.” […]