After months of debate, the Panama legislature has approved a radical reworking of the property tax code, which will save many homeowners thousands of dollars a year. The bill, which has been described as “the most important reduction of property…
An intriguing possibility has emerged as Panama formally launches diplomatic relations with China. The Panama government has reportedly discussed the possibility of China building a high-speed rail line from Panama City to the province of Chiriqui. This would be a…
Big news for Panama travelers. The much-anticipated second terminal at Tocumen International Airport is scheduled to open in Oct. 2018. That’s the word from Tocumen manager Carlos Duboy, who told Telemetro the new terminal is about 75 percent finished. Construction…
The global economy may still be sluggish, but not in Panama. The country’s gross domestic product jumped 5.8 percent in the first half, according to the last government data. The main driver of the increase was a 12.6 percent jump…