John Hampton produced an excellent piece on the Boquete Flower & Coffee Fair, Chiriqui, Panama which ended this week. In excess of 145,000 people visited the festival this year, swamping our little village of 25,000 residents! Enjoy the video. Excellent job John
Curt Anderson, a legal affairs writer at ABC news covers the recent events for out ex President. It is evident that this will drag on for some time. A Miami federal judge on Tuesday upheld the extradition request for former Panama president Ricardo Martinelli to face political espionage and embezzlement charges in his home country. […]
Panamanian prosecutors are investigating a network of over 30 people that includes former high-level officials suspected of taking bribes worth $40 million between 2011 and 2012 for public works projects, Attorney General Kenia Porcell said on Monday. The so-called “Blue Apple” probe began three months ago, and is investigating alleged acts of corruption, money laundering […]
Panama, a popular tax haven that was in the eye of data leak storm dubbed “Panama Papers” in 2016, has finally signed an international agreement that would pave the way for exchange of financial account information with the international community. By signing this agreement — CRS Multilateral Competent Authority Agreement (CRS-MCAA) at the OECD headquarters […]
Reuters reports of the modest inflation rate here in Panama. Consumer prices in Panama were 0.5 percent higher in December compared with the same month a year earlier, the country’s national statistics office (CGR) said on Monday. Education prices rose 3.5 percent, while health was up 2.3 percent and transportation prices gained by 1.7 percent, according […]
Can you imagine allowing the wind farm within a protected rain forest. Well the Supreme Court of Panama killed any chances of this happening. Great move Panama! In Panama, the Supreme Court of Justice has annulled an environmental impact study for a wind farm with 75 wind turbines, which was planned to be built in […]
12 Passengers were killed including 10 Americans on New Year’s Eve and now Nature airlines has been grounded. The investigation into the crash of a Nature Air charter flight in Costa Rica that killed 12, including 10 Americans, on New Year’s Eve took an eyebrow-raising turn when the General Directorate of Civil Aviation suspended the carrier’s […]
One month after its license was canceled, a judicial ruling has reactivated the project to construct and operate a 670 MW natural gas plant, under the responsibility of NG Power. With the ruling from the Supreme Court of Justice, the cancellation of the license to build the 670 MW thermoelectric plant, announced in December 2017 by […]
The sublease contract for 1,300 farms signed between Del Monte and the Panamanian government will allow banana production to start in Barú, Chiriqui. From a statement issued by the Presidency of Panama: The contract for the sub-leasing of more 1,300 farms for reactivation of banana production in Barú, province of Chiriquí, was signed on Monday […]
As a preliminary stage to negotiations for the signing of a Free Trade Agreement, authorities in both countries have started a feasibility study. According to the Minister of Commerce and Industries, Augusto Arosemena Moreno, “Panama’s primary interest is to boost foreign investment, mainly of added value, making Panama a distribution center for the region and […]