Panama: Retaliation Against Colombia


News from Panama

If the request by the Panamanian Ministry of Commerce and Industries is approved, a new tax of up to 40% could be established on the dividends distributed by Colombian companies. In response to a decision by the Colombian government to extend the import tariff for footwear and textiles from Panama for two more years, the Panamanian […]

November 21, 2017

Wine Imports into Panama Up 4%


News from Panama

In 2016, $21 million worth of wine was imported, 4% more than in the previous year, and 50% of it came from Chile and Spain. Changes in imports Between 2015 and 2016 the import value of wine coming into Panama increased from $20 million in 2015 to $21 million in 2016. Between 2015 and 2016 […]

November 21, 2017

Argentinian Business Mission Goes to Panama


News from Panama

Now this is what I call a great view!  From November 17 to 24, business people from Mendoza will be visiting Panama to explore business opportunities and promote the export of raisins, olives, pasta and fruit puree, juices, preserves, pulses and wines. The delegation of businessmen that is now in Panama is led by the authorities […]

November 21, 2017

What I am reading now


News from Panama

On a chill February day in 1983, a 20-year-old young woman known as Phoolan Devi—literally, Flower Goddess—walked out of the forested ravines of the Chambal River valley and handed over her gun. She bowed to images of Gandhi and the goddess Durga and surrendered herself to the Chief Minister and Chief of Police of Madhya […]

November 14, 2017

Over-supply in the Office Real Estate Market?


News from Panama

Reports state that the available supply of office space in square meters in Panama City grew from 18% in July of last year, to 21% in the same month in 2017.  A study reported on by Elcapitalfinanciero.com indicates a sustained increase in the available supply of office space in the Panamanian capital, which went from […]

November 13, 2017