Panama has been transformed since 1999, with the upward trajectory of growth and foreign investment reflected in its glimmering skyscrapers and enhanced reputation as a tourist haven. The benefits of growth have been numerous, as the standard of living has shot up the...
Welcome to the Panama Weekly News Roundup! 2014 still feels fresh and news keeps on getting better for Panama’s economic sector, with delays to Nicaragua’s canal to the north, an end to their own Canal woes in sight, and a U.S. investment plan with real meat on its...
Political parties in Panama are arranged in a multi-party system, with a large number of similarly sized parties forming factions and coalitions. The sheer number of political parties may seem chaotic to foreigners, but all parties form coalitions of convenience in...
Welcome to the Panama Weekly News Roundup! 2014 still feels fresh and news keeps on getting better for Panama’s economic sector, with delays to Nicaragua’s canal to the north, an end to their own Canal woes in sight, and a U.S. investment plan with real meat on its...
The end of 2013 created a panic in Panama amongst the expats and the wealthy citizens when Panama’s National Assembly passed a new law changing the income tax law making worldwide income subject to taxation as in the United States. However, it was deemed a mistake and...