(prensa.com) Panama expects to attract an estimated 1.7 million foreign tourists this year, according to a statement issued yesterday, Tuesday, by Salomón Shamah, Administrator of the Panama Tourism Authority (ATP). The tourist flow will increase by approximately 150,000 visitors as compared to 2009, said the official. "Panama is hot," he continued, noting that tourism … [Read more...]
Panama bankers endorse U.S.-Panama tax treaty
(Newsroompanama) Panama’s bankers, perhaps caught between a rock and a hard place, have endorsed a tax information exchange agreement with the United States. While some believe the agreement will jeopardize the country’s $69 billion financial services industry the Banking Association of Panama , says it will help the country in its effort to be removed from a watch list … [Read more...]
Panama and Taiwan strengthen ties in tourism
(prensa.com) Minister of Tourism of Panama, Salomón Shamah, concluded an official visit to Taiwan yesterday, following meetings with senior officials and visits to institutions and tourist facilities on the island. During his stay, Shamah met with Deputy Foreign Minister Hou Ping-Fu and visited the Ministry of Tourism, the Taiwan Tourism Association, the Government … [Read more...]
New rules approved for operation of free zones in Panama
(Panama America) An integrated and simplified special scheme for the establishment and operation of free zones was proposed in a bill that was approved in Cabinet Council. According to Roberto Henriquez, Minister of Trade and Industry and a proponent of the initiative, this action seeks to bring national legislation to the requirements of the World Trade Organization … [Read more...]
Coast EcoTimber logs wood from Panama
(theglobeandmail) Vancouver's Rocky Mountaineer Station was treated to a temporary makeover last week, when it was filled with “live-edge” pieces of custom-built furniture: a mitred-edge cedar coffee table, “the waterfall table,” a hanging lazy daybed made of solid cedar, and the “love me, love me knot” table, a huge, heart-shaped piece with a break down the middle. What … [Read more...]