Panama’s Role in Silent Polio Victory


News from Panama

This week, the world reached a milestone that it has been fighting for for decades. In the midst of the Covid-19 pandemic, it went unnoticed by many. On Tuesday, the vilified WHO declared the African continent polio-free. A healthcare success of dimensions that are difficult to beat. In 1985, 350,000 people, mostly children, suffered from […]

August 31, 2020

Panama- OPINION Speeding with the brakes on


News from Panama

The schedule for reopening economic activities, presented by the national government, maintains uncertainty, and continues to punish the economy. According to the main leaders of the business associations, the Cortizo administration’s calendar prolongs the closing of businesses too long, causing more unemployment, and unnecessarily postponing essential activities for the country. The vast majority of Panamanian […]

August 31, 2020

Panama Health Workers Owed Over $6 Million In Back Wages


News from Panama

At least 400 health professionals hired by the Ministry of Health have not been paid since they began work combating the pandemic in March. The Minister of Health Luis Francisco Sucre requested a transfer of funds this week to pay health personnel their salaries, which totals to around $6 million. An additional $4 million has also been […]

August 31, 2020

Two Bids for $50 Million Road Works


News from Panama

In the public tender held in Panama to design, build and finance the interconnection of the Cinta Costera 3 with the Calzada de Amador, Consorcio Amador and Consorcio Cinta Costera submitted their proposals, which amounted to $55 million and $44 million, respectively. Consorcio AMADOR, made up of the companies Meco, S.A. and Puentes y Calzadas e […]

August 31, 2020

Real Estate Market: Challenges and Opportunities


News from Panama

The commitment to long term rentals instead of vacation rentals, preference for larger residences and innovation in the marketing tools of the projects under development are some of the changes expected in the coming months, which could set a new pattern in the sector. The health crisis caused by the spread of covid-19 ended up changing consumer […]

August 31, 2020

Travel in a World with Covid


News from Panama

Here is a great article from Sovereign Man on the realities of travel today. Today’s Notes from the Field is a little bit different. As you’ll notice instead of Bahia, this letter is coming to you from Dubai, UAE. And, is penned by a Sovereign Woman. Hi, I’m Viktorija, for those who don’t know me […]

August 27, 2020

Residential Sales: How do Preferences Change


News from Panama

Because of the new commercial reality that has emerged in an accelerated manner and with the boom of telecommuting, potential buyers are more inclined to buy an individual home, which offers more privacy, than an apartment. With the spread of covid-19, strict home quarantines were decreed in Central American countries. This scenario encouraged the implementation of telecommuting and […]

August 27, 2020