Millicom CAM SEM, S.A. and Upfield NL Holdings Two B.V., were the companies that were recently established as Multinational Companies Headquarters in the country. From the MICI statement: MICI 13-08-2019. The Commission of Headquarters of Multinational Enterprises (SEM) of the Ministry of Commerce and Industries (MICI) recently approved the establishment of two new multinationals in […]
The Asian giant represents a market of 1.345 million consumers and is the world’s second largest importer of the agrifood sector, with $126 billion per year. The study “Food Market in China“, compiled by Procomer Costa Rica, indicates that in the Asian country 50% of agrifood imports are from the agricultural sector, in products such […]
Cryptocurrency startup Pundi X announced that its point-of-sale payment gateway (XPOS) will soon be launched in Panama and its surrounding regions. Blockchain development company Chainzilla joined the initiative as a local distributor. Combining cryptocurrency and traditional payments in one terminal On Aug. 14, Cointelegraph in Spanish spoke with Chainzilla CEO, Charles Gonzales, to find out […]
Newsroom Panama published this short piece on how this could be our Darien rainforest if we do not take care. The fire that occurs in the Amazon, lung of our planet – generates 20% of the earth’s oxygen – is of apocalyptic proportions. This, in a world so polluted and environmentally fragile, is almost equivalent […]
Why this 63-year-old teacher ditched Massachusetts to retire in the highlands of Panama Catey Hill reported this story about Mary Taft and her decision to move to Boquete. You can live on about $2,000 a month, experts says, and Panama has a generous ‘pensionado program’ — but there are drawbacks. Mary Taft lives with her […]
Rachel Jones writes in Fodor’s Travel about how Panama has some of the best luxury resorts that are often overlooked. Panama is the untouched luxury destination that gives you the best vacation and a few bonus “Insta-bragging” points for going off the grid. There’s no doubt that when Americans look to Central America for vacation, […]
The quotas issued electronically by the Panamanian Consulate in Havana were monopolized and resold, according to the Panamanian authorities. In other cases, Cubans took advantage of the card to continue en route to the United States. The temporary suspension of the tourism card that allowed Cubans to travel to Panama to make purchases was due […]
The Trump administration is trying to reach a deal with the Panama government that would allow the United States to send asylum seekers from Africa, Asia and elsewhere to Panamanian territory, if those travelers passed through the country en route to U.S. soil. The “safe third country” accord would primarily apply to the relatively small […]
Fitch Solutions reports that while Panama’s economy is strong, the trade war will weigh in on auto sales. Key View We believe that the trade war between the US and China will prevent Panama’s regionally outperforming economic growth from translating into stronger vehicle sales, as it is so integrated into global trade. Although we believe […]
Today, I join my countrymen in celebrating the 500th founding anniversary of the capital of the Republic of Panama, Panama City, which was established on Aug. 15, 1519 by Pedro Arias Dávila – making it the Pacific coast’s oldest Spanish settlement in the Americas. As part of this commemoration, the Commission of the 500th […]