Tender: Roadworks for $37 million


News from Panama

More road improvements in Panama is always good news, a little painful but worth it in the end. The Ministry of Public Works in Panama is inviting bids for the renovation of 61 kilometers of roads in the province of Cocle. “Project aims: -Renovate, repair and improve the road network in the region, to provide […]

March 8, 2017

Wingo waltzes from Panama City into Cartagena


News from Panama

Wingo’s inaugural flight between Panama City/Balboa and Cartagena was welcomed with a water arch salute on 23 February. The airline will offer three weekly flights between the two airports, facing indirect competition from Copa Airlines and its subsidiary, Copa Airlines Colombia, which both serve the city pairing, but operate from Panama City’s main airport – […]

March 8, 2017

Panama City Mansion For Rent


News from Panama

Location on Calle Narciso Garay in one of Panama’s most exclusive neighborhood of Altos del Golf (Golf Heights).  This is a quiet street with little local traffic. The home has been completely remodeled. Home size 600 m2 or approximately 6,500 sf Fully air conditioned with central air in living and dining area and 6 split systems […]

March 6, 2017

Panama: Insurance Premiums Growing at a Slower Rate


News from Panama

  In 2016 subscriptions to insurance policies grew by only 0.5% compared to the previous year, which is below the growth rate of 3.4% recorded between 2014 and 2015. The speed at which premiums are growing in the Panamanian insurance market has been declining since 2013. Between 2012 and 2013, registered growth was 9.3%, followed by […]

February 27, 2017

New and improved Panama Canal should benefit area


News from Panama

Jorge Quijano spoke Friday at the Center of Innovation, Commercialization and Entrepreneurship at Lamar University-Beaumont. The theme of his presentation was the “Development and Operation of the Newly Expanded Panama Canal and Vision for its Future.” Jorge Quijano, administrator of the Panama Canal Authority, said more than 100 years ago the Panama Canal connected two […]

February 27, 2017

Panama Raises Import Tariffs


News from Panama

Starting from March 15, new tariffs are in effect for imports of coffee, wooden boards, paper towels, aluminum and certain wires and cables from countries with whom no trade agreements are in force. The measure comes into effect on March 15, 2017, and is added to the Executive Decree which temporarily increases the duty on […]

February 27, 2017

Panama: Incentives for Reforestation


News from Panama

A bill put forward by the executive branch proposes tax breaks and direct non-refundable financing for implementing restoration or reforestation plans. From a statement issued by the Presidency of Panama: The Cabinet has endorsed a bill that aims to encourage increased forest cover and promote conservation of natural forests in the country, through the promotion […]

February 27, 2017

Grains Council meets in Panama to talk global trade


News from Panama

Members of the U.S. Grains Council’s Advisory Teams met this past week at the organization’s International Marketing Conference in Panama City, Panama, to set direction and priorities for the council’s global activities. Attendees had a firsthand look at the new Panama Canal expansion. “When USGC last met in Panama, the canal expansion was only a […]

February 27, 2017

Simon Black at Sovereign Man Weighs In On Panama


News from Panama

  Simon recently visited Panama and reflects back to his earlier days in Panama. February 21, 2017 Panama City, Panama It seems like every time I come to Panama now the first word that springs to mind is “impressive”. I first traveled to Panama back in 2003… fourteen years ago. I remember landing at Tocumen […]

February 27, 2017

Ruta Sur, To Volcan and Beyond


News from Panama

Come fly with me in these drone videos that I took last weekend.  Click on the picture below to begin the journey. And now onto Los Quetzales Lodge Travel with us to a land of beauty that few people in Panama have ever been too.  It is a place where it is sunny and bright […]

February 22, 2017