Economy – Page 10 – Panama Now Online

Bocas del Toro

“ABOVE BOARD” Commerce still a challenge in the “TOMBSTONE of the TROPICS” of Bocas del Toro.

“JB” via post LA ESTRELLA The “Kangaroo Court” of BULLSHIT needs to cease for PANAMA to forge ahead in coming years. The tropical gem of PANAMA is consistently being screwed around with and more than often it is US foreign investors getting screwed over. “JB” The president of El Faro de Bastimentos, SA claims that…

"JB"

Bocas del Toro

SURPRISED,….not me. MORE “shady” shit in the PARADISE “Bermuda Triangle” of Bocas del Toro.

“JB”- Money goes IN, but it NEVER comes OUT. Panama shoots itself in the foot when REAL business tries to pull the region out of the Jurassic Era, and skulldyggery and back handed system keeps it in the weeds. Now we have a few scumbags on the LAM, and shit jumps up a noth. Document…

"JB"

Crime

PANAMA added a NEW EPISODE to “Cult” TV SHOW Hit.

“JB:”- When a great TV show becomes a NEW reality program LAST WEEK. A riot broke out at the La Joyita penitentiary in Pacora on the evening of June 1 when authorities attempted to transfer or redistribute high-profile inmates, including leaders of several pavilions. A group of around 40 inmates knocked down pavilion doors, reached…

"JB"

Bocas del Toro

Red Frog Beach Panama Warning: Avoid This Risky Real Estate Scam

The post warns potential buyers to avoid investing in Red Frog Beach in Panama, framing the project as a risky scam. It urges readers to conduct due diligence and claims there is a long history of scandal, fraud, intimidation, and other misconduct. It also mocks promotional events and amenities associated with the development, suggesting they…

As Russia sanctions tighten, Panama sees rise at the pump

4 years ago3 weeks ago02 mins

https://elsiglo-com-pa.translate.goog/panama/precio-gasolina-diesel-aumentan-desde-este-viernes/24195767?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc&_x_tr_sch=http The price of gasoline and diesel suffer another increase. This Friday, at 6:00 am the new maximum prices come into effect Increase. The price of gasoline and diesel suffer another increase. This Friday, at 6:00 am The new maximum sale prices of liquid fuel in Panama begin to take effect. In the provinces of Panama and Colón, a liter…

Panamanian “Staycations” are boon to economy during Carnival

4 years ago3 weeks ago02 mins

https://elsiglo-com-pa.translate.goog/economia/200-millones-genero-turismo-interno-durante-dias-asueto-carnavales/24195549?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc&_x_tr_sch=http The average cost per person between food, transportation and recreational activities is around 200 balboas An economic impact of approximately 234 million balboas in internal tourism was generated during the holidays due to the celebration of the Carnival party, according to the Statistics Department of the Panama Tourism Authority (ATP). According to official reports,…

Bean counters BULLISH on Panama recovery for 2022

4 years ago010 mins

https://www.laestrella.com.pa/economia/220221/panama-mantiene-proyecciones-estables-2022 Despite the shocks caused by Covid-19, the Panamanian economy remains afloat and the figures remain stable with an upward projection at the end of 2022. This means that there will be a recovery of important items in the economy, according to Torino Economics, the subsidiary of Torino Capital Group Company, a well-known investment bank…

Interesting look into Panama bay growth

4 years ago3 weeks ago013 mins

A visible retrospective of Panamanian growth over the years. https://www.laestrella.com.pa/nacional/220219/transformacion-frente-costero-ciudad-panama The vertiginous process of transformation of the sea front of Panama City has been characterized by legal controversies, regarding the legality or not of transferring as private property, the filling of areas such as the seabed, mangroves and beaches. View of the Amador Causeway…

Retirees suffering through rough 2022 so far with market swings

4 years ago3 weeks ago012 mins

For the Ex-Pats that are financially dependent on their 401Ks and Retirement accounts, the foreseeable future will be a test of patience and resolve. The tensions on the border of the Ukraine in lockstep with the anticipation of a March Interest rate hike have the markets struggling to adjust. Every person has a different situation,…

David sees the opening of first major US Hotel chain as tourism seeks 2021 rebound

6 years ago3 weeks ago06 mins

https://www.prensa.com/resena-digital/hampton-by-hilton-abre-sus-puertas-en-david-el-primer-hotel-de-bandera-internacional-de-la-ciudad/ The opening of the hotel responds to the economic growth of Chiriquí and to the new demands of the market. David is the main commercial center of the province and from there commercial activities related to agricultural and livestock production are developed, the main lines on which the Chirican economy is based, not to mention…

SUNTRACS unhapy with progress of resumption of projects

6 years ago3 weeks ago03 mins

https://www.laestrella.com.pa/nacional/201116/suntracs-reporta-reincorporacion-13-mil-obreros-puestos The general secretary of the Single Union of Construction and Similar Workers (Suntracs), Saúl Méndez affirmed that as of Monday, November 16, 14 thousand workers have been reinstated to their jobs. This he said is important because the figures in March of suspended contracts were 23 thousand workers, that is, he specified, that there…

Panama chooses Astra-Zeneca as multiple vaccines on verge of approval

6 years ago3 weeks ago03 mins

The Government of Panama approved this Wednesday in the Cabinet Council, Cabinet Resolution 93-20, which authorizes the Ministry of Health (Minsa), to proceed with the purchase of one million 92 thousand doses of the vaccine to prevent covid-19, from the British pharmaceutical AstraZeneca UK Limited, in association with Oxford University, for an amount of 4…

Panama City crawling back to life as restaurants are up and operating

6 years ago3 weeks ago02 mins

With dividers and panels up…..dining sees an uptick in the city. https://www.prensa.com/impresa/economia/80-de-los-restaurantes-estan-operando-ventas-suben-10/ Four weeks after the restart of operations after being closed for more than 7 months, the Association of Restaurants and Related Products of Panama, reports that 80% of the stores are operating. Domingo de Obaldia, president of the union, commented that sales in…

With country open, new cases still will occur

6 years ago3 weeks ago01 mins

https://www.laestrella.com.pa/nacional/201004/panama-reporta-633-casos-nuevos-covid-19-9-nuevas-defunciones Panama reported 633 new cases of covid-19, for a cumulative total of 115,286. To date, 5,249 tests were applied, for a positivity percentage of 12.1% and 9 new deaths have been registered, totaling 2,423 accumulated and a fatality of 2.1%. Active cases total 21,054. In home isolation, 20,211 people are reported, of which 19,819 are…

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Category: Economy

As Russia sanctions tighten, Panama sees rise at the pump

Panamanian “Staycations” are boon to economy during Carnival

Bean counters BULLISH on Panama recovery for 2022

Interesting look into Panama bay growth

Retirees suffering through rough 2022 so far with market swings

David sees the opening of first major US Hotel chain as tourism seeks 2021 rebound

SUNTRACS unhapy with progress of resumption of projects

Panama chooses Astra-Zeneca as multiple vaccines on verge of approval

Panama City crawling back to life as restaurants are up and operating

With country open, new cases still will occur