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Panama Enacts New Visa Regulation for Cubans

Panama Enacts New Visa Regulation for Cubans

TODAY PANAMA – A faster method for extending visas to Cuban citizens wanting to enter Panama, will be in force from today, according to an Executive Decree signed by President Juan Carlos Varela. The decision, advanced by the head of State during his recent visit to Cuba, refers that visas can be extended for up […]

Ruben Blades: Donald Trump Embodies The Worst Of the U.S.

Ruben Blades: Donald Trump Embodies The Worst Of the U.S.

TODAY PANAMA (Prensa Latina) Panamanian salsa singer, songwriter, actor, Latin jazz musician, activist and Panama’s former minister of Tourism, Rubén Blades of Panama, affirmed that presidential candidate for the U.S. Republican Party, Donald Trump, embodies “the worst that exists in the noble country of the North.” In a letter published today in his website under […]

World’s Longest Non-Stop Flight Announced: Dubai – Panama City

World’s Longest Non-Stop Flight Announced: Dubai – Panama City

TODAY PANAMA – Emirates will become the holder of the longest continuous airline route in the world with its planned service between Dubai and Panama City that will launch in February next year. The flight will cover a distance of 13,821 kilometers( 8,590 miles) which is 17 kilometers (10.56 miles)longer than what would now become […]

5.9 Panama – Colombia Border Quake Damages 30 Homes

5.9 Panama – Colombia Border Quake Damages 30 Homes

At least thirty homes and a power supply line were damaged in the northwest of Colombia when a magnitude 5.9 earthquake hit the Colombia-Panama border on Tuesday evening. According to Colombia’s disaster agency UNGRD, parts of the jungle region of the Choco province are without electricity while repairmen fix the broken electricity cable. The mayor […]

Panama ponders on accepting oil or gas from Venezuela to settle accounts

Panama ponders on accepting oil or gas from Venezuela to settle accounts

(TODAY PANAMA) Swap of oil or natural gas for the millions of dollars owed by Venezuela to Panamanian businesses is among the options to settle the affair, said on Friday Panamanian Vice-President and Minister of Foreign Affairs Isabel De Saint Malo de Alvarado. In a meeting with members of the Association of Foreign Press Correspondents […]

How to Succeed in Business in the Best Country for Expat Entrepreneurs

How to Succeed in Business in the Best Country for Expat Entrepreneurs

(TODAY PANAMA) WSJ.com – Business founder and writer Kathleen Peddicord makes the case in this article that Panama City is the ideal venue for the entrepreneurial expat. Below are tips for aspiring startup founders mulling a move to Panama. Entrepreneurs eyeing other locations in Latin America will undoubtedly find them useful, too: Panama Entrepreneur Tip […]

Panama: Changes its Immigration Policy

Panama: Changes its Immigration Policy

(TODAY PAMANA) — It has been announced that there will be an end to liberality in granting residence permits in the so-called melting pot, and the revision of the immigration status of resident foreigners whose papers have expired. From a statement issued by the Presidency of Panama: The Government of the Republic of Panama has […]

Panama Bans Birds from Costa Rica

Panama Bans Birds from Costa Rica

(TODAY PANAMA) Due to the presence of the outbreak of the Newcastle avian disease in the north of Costa Rica, health alerts were activated at the border and entry of poultry from the neighboring country has been banned. From a statement issued by the Ministry of Agricultural Development in Panama (MIDA): Following the occurrence of […]

Panama Bureaucracy Decides When and What you Eat

Panama Bureaucracy Decides When and What you Eat

TODAY PANAMA – A new law eliminates the period of 150 days for the authorities to respond to an import request, and requires wait for the process to be completed without being able to import the food, until they have received a response. The newly approved law only needs sanctioning or a presidential veto and […]

Panama Corruption Scandal

Panama Corruption Scandal

TODAY PANAMA – A corruption probe into a welfare program in Panama now involves an ex-president, dozens of congressmen and several cabinet members — yet also raises questions about the motives of an anti-corruption crusade that mostly targets the current president’s political rivals. Anti-corruption prosecutors have added two new cases to an investigation into the […]

Historic Obama-Castro Meeting in Panama

Historic Obama-Castro Meeting in Panama

In Panama, attending the Summit of the Americas, President Obama sat down with with Cuban leader Raul Castro on Saturday, marking the first formal meeting between U.S. and Cuban heads of state in more than half a century. “This is obviously an historic meeting,” Obama told reporters as Castro sat beside him. The U.S. president […]

Are Obama and Castro Ready for the Summit of the Americas?

Are Obama and Castro Ready for the Summit of the Americas?

TODAY PANAMA – This Friday and Saturday, in Panama (April 10-11, 2015), most of the leaders of countries in the Western Hemisphere will gather for the biannual Summit of the Americas. This conclave promises to be an historic event, because, for the first time ever, the Presidents of the United States and Cuba will both […]

Presidente Obama Is About To Have His Moment In Latin America

Presidente Obama Is About To Have His Moment In Latin America

TODAY PANAMA —The stage is finally set for Barack Obama to have his Latin America moment: that triumphant, looking-sharp-in-a-new-guayabera wrist wave to a roomful of hemispheric leaders who cheer him on Cuba and graciously forgive his otherwise lackluster performance on the rest of the region over the past six years. Obama will arrive in Panama […]

Panama Will Have Rice Shortage

Panama Will Have Rice Shortage

TODAY PANAMA – Due to the poor performance of the 2014-15 harvest, local production will last only until July, and 1 million hundredweight will need to be imported in order to meet demand until September. The rice guild estimates that 2014-15 production will be 25% lower than the previous period, leaving “… a deficit of […]

“No New Taxes” Panama Promises

“No New Taxes” Panama Promises

TODAY PANAMA – In a meeting with private sector representatives, President Varela said he will not establish new taxes over the next four years. The president, Juan Carlos Varela, made a commitment to the business sector to not execute any reform to the tax code in the remaining years of his administration. In order to […]

President of Panama Vetoes Free Parking

President of Panama Vetoes Free Parking

TODAY PANAMA – Citing it as unconstitutional and inconvenient the Executive has objected to two articles of a bill which aims to make it compulsory to provide three hours of free parking at shops. In a letter sent to the President of the National Assembly, President Juan Carlos Varela argues that the bill discourages the […]

Tips for Being a Better Gringo

Tips for Being a Better Gringo

TODAY PANAMA – Foreigners living in Panama right now are living here at a sensitive time in Panama’s history. While Panama has for many years been known as a melting pot that is very open to foreigners, there is a growing anti-foreign backlash that is starting to take hold in certain segments of the population. […]

Panama: Construction of Solar Power Plant for $12 million

Panama: Construction of Solar Power Plant for $12 million

TODAY PANAMA – An environmental impact study has been presented for the construction of a solar photovoltaic plant of 5.5 MW in the district of Chiriqui, province of Baru. The study was presented to the National Environmental Authority (ANAM) by Solar Real Uno SA, which detailed in the study the characteristics of the photovoltaic power […]

Panama: Ministry of Environment Created

Panama: Ministry of Environment Created

TODAY PANAMA – The National Assembly approved on its third reading the creation of the Ministry of Environment, which will be responsible for the environmental monitoring of development projects running in the country. From a statement issued by the National Assembly of Panama: After several days of discussion and amendments of the articles, the full […]

Panama Reports One Murder For Every 100,000 Inhabitants

Panama Reports One Murder For Every 100,000 Inhabitants

TODAY PANAMA – Despite its light tendency to the fall, Panama reports today a murder for every 100,000 inhabitants, being men the segment most exposed to these facts (89 per cent). According to information of the Integrated System of Criminal Statistics (SIEC), last month 56 murders were registered in the country, five less than in […]

Panama Does About Turn Over Gasoline Tax

Panama Does About Turn Over Gasoline Tax

TODAY PANAMA – The Presidency has ordered the withdrawal of the draft law which proposed levying $0.05 per liter of gasoline, that would have been used to finance the payment of pensions and retirements. From a statement issued by the Government of Panama: The president, Juan Carlos Varela Rodríguez instructed the Minister of Health, Francisco […]

Panama’s Ruben Blades Awarded Second Grammy

Panama’s Ruben Blades Awarded Second Grammy

TODAY PANAMA – Panama celebrates Ruben Blades’ second Grammy award, as the news hit the headlines across the country. The Panama America journal reports about the other strong nominees in the category Best Latin Pop Album, including Camila, Lila Downs, Niña Pastori & Soledad, Juanes and Marco Antonio Solís. The album “Tangos”, recorded in Argentina […]

Panama Increases Gasoline Prices To Subsidize Pensions

Panama Increases Gasoline Prices To Subsidize Pensions

TODAY PANAMA – The government has announcement a 5-cent increase per litre of gasoline to financially support increased subsidies proposed for 200,000 pensioners, aroused confronted reactions. Many of those benefiting from the proposal, thanked President Juan Carlos Varela for having taken them into account, while describing the increase as a help. Others, while also expressing […]

“Leisure is Good Business” in Panama

“Leisure is Good Business” in Panama

TODAY PANAMA – Increased purchasing power is attracting investment in art galleries, theater productions and bookstores. Prices of art pieces that have been sold in Panama range on average from between $3,000 and $300,000, according to data from Marion Gallery. Gabriel Cruz, owner of Marion Gallery, told Martesfinanciero.com that “… Some paintings have been sold […]

Panama: Construction of Hydroelectrict Project Halted

TODAY PANAMA – Due to the existence of unresolved issues related to environmental management and cultural heritage the suspension of construction of the hydroelectric station Barro Blanco, in Chiriquí, has been proposed, a project which is already 95% complete and which will generate 28 MW. The High Level Committee responsible for assessing compliance with the […]

Immigrants Look for Panama as Destination

TODAY PANAMA (PrensaLatina) Hundreds of foreigners wait in lines from this morning in the Migration Registry of Panama in search of a residence permit in this country, from where 752 were deported to their nations of origin in 2014. The petitioners filled the wide saloon of the building located in the west of the capital […]

Cruise Passenger Arrivals in Panama Drops

Cruise Passenger Arrivals in Panama Drops

TODAY PANAMA – The number of passengers who arrived in the country on cruise ships between January and November 2014 decreased by 16% compared to the same period last year. From January to the end of November 2014 a total of 191,345 passengers arrived aboard cruise ships, ie 36,986 fewer passengers than the number reported […]

Panama on Alert For Ebola

Panama on Alert For Ebola

TODAY PANAMA Panama is at risk of receiving passengers with Ebola for being a common destination of international flights, hence it has prepared a biosafety ward and remains on alert, said Dr. Rafael Perez today. Passengers from Africa have arrived in Panama, but none of them had fever and other symptoms of Ebola, however, a […]

Panama Tourism Investment Incentives

Panama Tourism Investment Incentives

TODAY PANAMA – Summary of laws that encourage tourism investment in Panama, and procedures to follow to get the related tax benefits. From the website of the Tourism Authority of Panama: Laws on Incentives for Tourism Investment In recent years, Panama has seen a boom in the tourism sector; coupled with the development of economic […]