A subsidiary of Greece-based investment firm Grivalia Properties has purchased a 60 percent stake in Pearl Island, the Panama project billed as “the largest private island development in the Pacific.” Grivalia Hospitality will pay €27 million to buy out the…
Travel writers tend to love Panama. Every year there is a steady stream of articles extolling the virtues of the country’s many attractions. The authors often express surprise that Panama and Panama City have more to offer than expected, including…
The government of Panama continues to struggle to eliminate the image of Panama as a tax haven, despite years of reforms. French ambassador Pilar Arosemena de Aleman will meet with international officials in France next week to make the claim that…
The Panama Canal is considered one of the wonders of the world and a key development economic and trade growth around the world. But the $6 billion expansion of the Canal opened in 2016 represents more than simply engineering achievements…