Real Estate Market Deflates


News from Panama

In Panama City a reduction of almost 20% in the prices of residential rents has been reported, particularly in areas that five years ago registered the highest prices in the capital. The high supply of apartments and houses in residential areas has pushed down prices, especially in areas such as Paitilla, Balboa Avenue and Costa […]

September 12, 2018

Panama journalists protest against acts of intimidation


News from Panama

Journalists in Panama are being sued by officials and politicians displeased with coverage about themselves. Panamanian journalists walked out from their newsrooms Wednesday to demand that authorities put an end to persecution, harassment and economic attacks in the form of lawsuits filed by officials and politicians unhappy with coverage of their actions. Editors, television presenters […]

September 12, 2018

Tax Exemption for Call Centers


News from Panama

  In Panama, a bill that regulates the activities of call centers has been approved, leaving companies in the sector free of direct and indirect taxes. The National Assembly reported that, in a third debate, approval was given to Bill 653 which regulates the activity of call centers for commercial use. According to a statement […]

September 12, 2018

Panama asks US to ‘respect’ Taiwan snub


News from Panama

Panama’s President Juan Carlos Varela on Sunday (Monday in Manila) asked the United States to respect his country’s sovereignty after the US recalled its envoys from three regional countries for switching diplomatic ties from Taiwan to China. The United States on Friday recalled its envoys from El Salvador and the Dominican Republic, as well as […]

September 12, 2018

Excitement palpable as Play Ball reaches Panama


News from Panama

Former Major League pitcher Bruce Chen saw the future of baseball in his home country of Panama on Wednesday morning. In front of Chen stood more than 300 ecstatic participants, running, catching, throwing and hitting during this week’s Play Ball event. The kids laughed and cheered for each other at each station. But most importantly, […]

September 12, 2018

Experience the San Blas Islands of Panama


News from Panama

Patrick Clarke explores the San Blas in Travel Pulse. Panama’s San Blas Islands is paradise without all of the bells and whistles. The under-the-radar archipelago comprises more than 360 islands and cays off of Panama’s Caribbean coast, a majority of which are uninhabited. However, the ecotourism haven is home to the indigenous Guna people and […]

September 12, 2018