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Casi

Panama welcomes gamblers whatever their allegiance.  There are complete casinos with games such as roulette, black jack, baccarat, craps and poker;  slot machine casinos; bingo halls;  horse-racing with parimutuel betting at the President Remon Racetrack; betting agencies for sporting events and a national lottery.  Panama City naturally offers more opportunities for gambling but other cities …

Bodas en Panamá
Articles Cover Story vol. 37#1

Weddings in Panama

Panama, the perfect destination The wedding, for most couples, is the momentous event which should define the quality and substance of the rest of their passage through life. Decisions about the details of this awesome ceremony are therefore most important. So the couple must decide, first and foremost, where will the wedding be? In times …

Focus Panama - Vol.37#1
Cover Story vol. 37#1

Our Cover – Vol. 37#1

“Destination  weddings”  they  are called  by  wedding  planners  and  the tourist  industry.    They  are  becoming the  vogue  as more  and more  couples in  the U.S.A, Europe  and many other countries  decide  to  tie  the  knot  at  an exotic  destination, with  a  honeymoon conveniently to follow. To  say  the  vows  on  a  beach,  an island or …

About Panama Business Focus on

Company Law

Panamanian commerce is based in one of the world’s few truly service-dominated economies. Industries such as banking, insurance, shipping and transport, "offshore" business and import/re-export account for between 75% and 80% of the GNP and the dynamic of the sector requires constant change. The number of companies registered in Panama –the majority of which deal …

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Labor Laws

Panama has a relatively small labor pool (Government statistics for 1999 listed approximately 1.5 million persons as "employable.") and this tends to limit availability in upper-echelon positions. As a rule, Panamanians respond well to in-house training and the bilingual workforce (especially Spanish-English) is proportionately quite large. Unionism is not as prevalent as in European countries …

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Economy

Panama escaped the world economic crisis with relatively minor repercussions. Elements like port activity and Panama Canal cargo volume dropped in line with international business but the effects were light and the economy grew by nearly 7 percent in 2010. Big investments, not to mention the $5.2 billion enlargement of the Canal, have been causing …

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Government

The Panamanian nation is organized as a sovereign and independent state, known as the Republic of Panama. The power is solely vested in the people and exercised by the state, which functions through the Executive, Legislative and Judicial branches, as is expressed in the first two articles of the Political Constitution of the Republic of …

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Panama’s History

A summarized version Archaeological evidence indicates that Panama has been inhabited for over twelve thousand years. Early inhabitants left a rich store of pottery and burial sites to mark their passing. Spanish colonization began in the 16th century and lasted till 1821 when Panama, Colombia, Venezuela and Equador formed a union called Gran Colombia and …

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