Welcome to the Panama Weekly News Roundup! Here’s the latest.
Panama Aspires to Become Chinese Gateway to LatAm.
Located in the heart of the Americas, Panama aspires to become a gateway to Latin America for Chinese tourists, the country’s tourism minister said.
“Due to its strategic location, Panama automatically becomes a gateway to the entire region,” Gustavo Him also told Xinhua prior to flying to Beijing at the head of a 10-member delegation, including experts in destination marketing.
This week, the Central American country will hold its first promotional event ever in China to attract more travelers from the Asian nation, with which it established diplomatic ties in June 2017.
Source: Financial Tribune
Trump Panama hotel owner files suit against four staff.
The owner of the Trump hotel in Panama City has filed a suit against four members of staff for“usurpation,” accusing them of refusing him entry to the building, his lawyer said late on Friday.
Orestes Fintiklis, managing partner of Ithaca Capital Partners, which now owns the hotel and the majority of the condo units at the Trump International Hotel & Tower, filed the suit on the grounds he had been denied access when attempting to enter the building on Feb. 22 to dismiss the four staff, said his lawyer Sarai Blaisdell.
Source: Reuters
Panama seeks to grow ship finance with new law.
After many years in the pipeline, Panama has passed legislation for ship financing, the first of its kind for the country.
The Law 50 of 28 June 2017 entered into force on 29 December 2017 and is known as the Naval Financing Law. The legislation creates an attractive investment environment and contemplates ship financing from banks established in Panama while extending its reach to all foreign financial institutions providing they establish a branch office in Panama to enjoy the law’s benefits.
Source: Seatrade Maritime News
Top 5 Food Experiences in Panama
Are you a traveler who loves to eat? Are you a foodie in Panama? Looking for a fun way to entertain guests and family? We’ve some treats for you! Panama is a diverse country with a diverse cultural heritage, and many current international influences.
1. The “Mercado de Mariscos” (Panama City):
In English, this is commonly referred to as simply “the fish market”, and is an open-air paradise for fresh seafood lovers and people who love to absorb local flavors and culture. The market is made up of a central indoor location where fresh fish and other seafood is sold raw, by the pound, and outside, there are about 20 ceviche and fish stands that serve cooked food to patrons. Prices are amazingly cheap – $7 a pound for cevicche, $10-$12 for an entire fish fry – and you can sit outside with a cold beer and do some amazing people watching as the locals come and go.
Source: International Relocation Firm Blog
