Evolution in Consumer Habits


News from Panama

In the new post covid-19 reality, most consumers will cut back on spending, save more and stock up on goods, and in the e-commerce field, most people who shop online will be willing to wait up to two days to receive their product. The new commercial reality that emerged in an accelerated way due to […]

May 19, 2020

Copa: Temporary shutdown of our operations


News from Panama

Copa Airlines would like to inform, following Resolution No. 068-DG-DJ-AAC of the Panama Civil Aviation Authority, which ordered a 30-day extension of the suspension of all international flights in the country due to the coronavirus crisis, expiring on June 20, 2020, hopes to resume operations on July 3, 2020, upon receiving approvals required from the […]

May 19, 2020

Change in Lifestyle vs. Rental Prices


News from Panama

It is estimated that the increase in online sales and the greater trend towards telecommuting will result in a lower demand for commercial premises and offices, exerting downward pressure on the price level of rents in the long term. The quarantines decreed in the Central American countries because of the covid-19 outbreak, have caused a […]

May 19, 2020

Panama to start reopening economy as coronavirus infection rates fall


News from Panama

Panama announced plans on Monday to begin a phased reopening this week of its economy, including e-commerce, mechanical workshops and fishing, after slowing the spread of coronavirus infections. The reopening will take place in six phases from Wednesday, weighing factors such as virus transmission, its strength and economic impact, said Commerce Minister Ramon Martínez. Earlier, […]

May 19, 2020

Panama: Digital procedures in times of COVID-19


News from Panama

Directorate General of the Industrial Property Registry The General Directorate of the Industrial Property Registry (DIGERPI) authorized by Resolution No. 36 of April 30, 2020, the reception of new trademark applications and petitions for procedures for trademark applications already filed and registered by e-mail. All the documents that are presented electronically must be physically provided […]

May 11, 2020

Central America: Threats to the Supply Chain


News from Panama

Since El Salvador, Costa Rica and Panama have set a 72-hour time limit for freight drivers operating in the region, hundreds of units have decided to halt their operations as a measure of pressure. Due to the health crisis resulting from the covid-19 outbreak, Salvadoran, Costa Rican and Panamanian authorities decided that the drivers of […]

May 11, 2020

Who Are the Operation Gideon Americans Captured by Maduro?


News from Panama

Luke Denman and Airon Barry were on a fishing boat, and along with dozens of Venezuelan citizens, they wanted to capture Nicolás Maduro. At least two American citizens were arrested by the Nicolás Maduro dictatorship after a “failed incursion” called Operation Gideon, which sought to overthrow the regime. They are two former U.S. military veterans […]

May 11, 2020

Meat: Forecast for the Panamanian Market


News from Panama

When the country’s authorities begin to lift the restrictions that have been taken to prevent the spread of covid-19, it is predicted that in the meat sector, sales of chicken could contract by 2%. Through a demand/income sensitivity model developed by the Trade Intelligence Unit of CentralAmericaData, variations in household demand for different goods and […]

May 11, 2020