In the News from Panama
By Duncan McGowan Representatives of two of China’s biggest banks have been in Panama looking for expansion opportunities, the new Chinese ambassador to Panama told reporters this week. Industrial and Commercial Bank of China (ICBC) and Bank of China Limited…
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By Eddie Montes The 15th edition of the Panama Jazz Festival wrapped up over the weekend, reaffirming its role as one of the coolest events on the Panama City entertainment calendar. This year’s event featured the Wayne Shorter Quartet, the…
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Panama has always had strong, deep-rooted ties to the United States, primarily stemming from the development of the Panama Canal. The U.S. dollar is still accepted in Panama and many Americans who served in the military here when Panama hosted…
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by Jeff Barton. The European Union is getting ready to remove Panama’s designation as a tax haven, recognizing Panama’s continued steps to increase financial transparency. The EU established a list of countries viewed as tax havens in December, but Panama…
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