Welcome to the Panama Weekly News Roundup! Here’s the latest.
Emirates to go ahead with Dubai-Panama flights from March 31st
The longest non-stop flight in the world (yet to launch) will be from Panama City, Panama, to Dubai, UAE. However, the original launch date has now come and gone. This week, a new date was set, and the inaugural flight will launch this March 31st.
Dubai: Emirates, the world’s biggest international airline, will go ahead with plans to launch its Panama route on March 31 despite Zika virus emergency in South America, it was announced on Wednesday.
Shaikh Ahmad Bin Saeed, Al Maktoum, Chief Executive and Chairman of Emirates airline and Group, said in comments to the press that the carrier will stick to the planned launch date of the world’s longest commercial flight from Dubai to Panama.
Source: Gulf News
FIFA, CONCACAF organize successful club licensing seminar in Panama
Panama is fast solidifying itself as a go-to destination for major corporate and organizational events. This was evident last week, as FIFA and CONCACAF held a widely attended licensing seminar in Panama City. The goal was to organize some of the biggest names in regional, international soccer to come together on the business side of the game.
The two-day seminar involved two representatives from each Member Association, including general secretaries, league CEOs and dedicated club licensing managers. Several well-known guests were invited to participate in the seminar, including Karina LeBlanc (recently retired professional footballer with Chicago Red Stars and the Canadian women’s national team), Enrique Bonilla (Executive President of Liga MX) and Juan Carlos Rojas Callan (President of Deportivo Saprissa in Costa Rica), in an effort by FIFA to promote stakeholder inclusiveness and lift the level of overall governance.
Source: FIFA.com
Panama focuses on fighting mosquitos to stop spread of Zika virus
Much attention has been focused on the Zika virus in recent weeks, especially in this part of the world. Panama, being one of the countries where the virus has been present, has come up with a way to fight it: the mosquito.
“This fight is not against Zika. It’s a fight against the mosquito,” Health Ministry Director-General Itza Barahona said. He said that eliminating the mosquito requires a “community effort” and such measures as getting rid of stagnant water, making sure lids are adequately closed on containers of water for human and animal use, cleaning weeds and trash from homes and their surroundings, along with other precautions.
“This is nothing new, it’s the fight against the same mosquito” that transmits dengue fever, “which we have all over the country,” Chikungunya, “of which no cases have been reported this year,” and now Zika, of which there are “50 confirmed cases and some suspected cases,” Barahona said.
Source: Fox News Latino
The Top 4 Investments to Make in Panama in 2016
Investing in Panama can be a great opportunity for anyone looking to expand his or her investment portfolio and explore an emerging market. Panama has a very favorable investment climate, and because of that, there are many options for investment. In our latest blog post, we look at our top 4 favorite investments to make in Panama in 2016.
1. Real Estate: Investing in real estate is probably the most popular foreign investment in Panama, and for good reason. Panama is growing; not just economically, but physically. There is more new construction in Panama than practically any other country in the hemisphere, and it’s showing no sign of slowing down anytime soon. Panama’s growing population and strong workforce demands new housing, and home/commercial real estate values have been steadily on the rise for years. This trend is looking to keep growing in 2016, so get in before you miss out on some great deals in the real estate sector.
Continue reading about 2016 top investments in Panama
