Between January and October 2017, premiums grew 4% compared to the same period in 2016, explained in part by a 9% increase in health insurance and 14% in collective life insurance. Figures published by the Comptroller General of the Republic indicate that premiums in the Individual Life insurance sector registered an increase of 4.4%, while […]
A wastewater treatment system, a cruise terminal and road works are some of the projects planned for the coming months in the country. Data from the interactive information system “Construction in Central America“, compiled by the Business Intelligence Unit at CentralAmericaData. Details of some projects: The National Aqueduct and Sewer Institute submitted an EIA to […]
In its new warning system for tourists, the US government included Panama and Costa Rica at the lowest risk level, Nicaragua at level 2 and Guatemala, El Salvador and Honduras, in the category “Reconsider Travel”. The US Department of State has announced modifications to its system of travel alerts and recommendations to citizens considering traveling […]
Kaya Larerman writes in The New York Times of a new trend for seniors in expensive rent districts. This could work anywhere, even here. Like many older Americans, Shazzi Felstein recently found herself in an unexpected financial bind. About a year ago, she noticed that her savings had dwindled. To her horror, she realized that […]
The USS Portland squeezed through the Panama Canal on Tuesday on the way to its home port of San Diego and commissioning ceremony in Portland on April 21. Transiting the canal was challenging. It is 110 feet wide. The ship, a San Antonio class amphibious landing dock, is 105 feet wide. The maximum ship width […]
Tailor made tourist packages, modifications in hotels, and learning the Mandarin language, are just some of the aspects that companies must work on in order to receive tourists from China. The bilateral tourism promotion agreement signed between the governments of China and Panama, after they reestablished diplomatic relations in June 2017, involves much more than […]
Obtaining precise and reliable figures to make better projections is the objective of the new economic council created by the builders’ union. The Economic Advisory Council for Construction (COCEC) is a new body of the builders’ union that will seek to specify data such as volumes of square meters built, housing programs, commercial, industrial, road, […]
Rail experts suggest the best train journeys across Mexico, Central America and South America for 2018. 1. Machu Picchu Train, Peru The Inca citadel of Machu Picchu was once famously lost, but is now found by more than 2,500 tourists a day. Most of them arrive by rail, on the services of either Peru Rail […]
Ileanna Hoffman writes in the HuffPost about Panama. Costa Rica touts its exotic rain forests, (Ah the power of PR) but did you consider that the exact same terrain can be found in Panama, with the added bonus of visiting the historic Panama Canal – an artificial waterway connecting the Atlantic and Pacific oceans. Panamanians […]
American couple Suzanne and Dave Smith are selling off their Casa Cayuco Eco Adventure Lodge, in Bocas del Toro, Panama. But instead of listing their island getaway for sale, they are offering the chance for anyone who buys a $10 ticket. Dave and Suzanne have spent five years turning a former rustic lodge into one […]