Most Businesses in Panama to Be Closed


News from Panama

Due to the spread of covid-19, from March 21, 2020 and for a period of 30 days, the government has ordered the temporary closure of shops and businesses in the country, with the exception of pharmacies, supermarkets, banks, gas stations and others.  We are now in a quarantine with a couple of hours each day […]

March 24, 2020

Let’s Travel Club Visits Panama


News from Panama

Members of the Let’s Travel Club left on February 27 to enjoy nine exciting days on a Collette Discover Panama tour. Many activities were enjoyed as the travelers were introduced to several facets of the Panamanian folklore, culture, and traditions. The introduction began with a visit to the Embera’ indigenous village. Musicians of the village […]

March 24, 2020

Panama’s top breadwinner defies virus as 50 ships a day transit canal


News from Panama

“The maritime sector is calm and working in order, providing confidence and transmitting tranquility to our customers,” says the president of the Panama Maritime Chamber (CMP), Nicolás Vukelja. Vukelja, The maritime sector, including the Panama Canal, represents approximately a third of the country’s gross domestic product (GDP) and generates more than 100,000 direct and indirect […]

March 24, 2020

Coronavirus: Panama Tribal Gathering festival locked down


News from Panama

People attending a festival in Panama have been put on lockdown after the country declared a state of emergency over the coronavirus, organisers say. The Tribal Gathering festival said officials had taken the “extraordinary step” of ordering all guests at the site to remain there until 23 March. One attendee said some 300 people were […]

March 24, 2020

Panama’s Copa Airlines to suspend all flights for 30 days


News from Panama

Panama’s Copa Airlines on Friday said it will suspend all operations from March 22 until April 31, a measure the carrier had already warned was possible due to the coronavirus outbreak. On Thursday, Panama’s government suspended all international travel to the country. Copa operates virtually all of its flights through Panama City’s airport. Source: Reuters […]

March 24, 2020

How the coronavirus will impact Panama’s economy


News from Panama

As of March 17, 2020, Panama had more cases of coronavirus (COVID-19) than any other country in Central America, with eighty-six confirmed cases. Panama has implemented nationwide policies to combat the spread of the virus and signed a regional agreement to address the pandemic with members of the Central American Integration System (Sistema de la […]

March 24, 2020

Pandemic boosts Panama pineapple sales


News from Panama

As the world’s economy trembles from the weight of the coronavirus pandemic, Panama’s pineapple producers are seeing an increase  in sales as consumers seek  multivitamin foods rich in antioxidants, to gain  what they believe is a defense against diseases such as the coronavirus Panama produces and exports the MD2 Golden pineapple, a fruit that is […]

March 17, 2020

Hiring Expectations Still Declining


News from Panama

By the second quarter of 2020, 9% of companies in the country expect to increase their payrolls, which is less than the 10% recorded in the same period in 2018. Panamanian employers report moderate hiring plans for the second quarter of 2020, with 9% of employers expecting an increase in their workforce, 10% anticipating a […]

March 17, 2020

Insurance: Business Against Epidemics


News from Panama

Panamanian businessmen consider unviable the bill that intends to force insurance companies to cover medical expenses related to the coronavirus. The bill, which was presented by Representative Zulay Rodriguez, seeks to ensure that insurance company clients are attended to in case they are infected with covid-19, however, policies do not usually provide coverage when the […]

March 17, 2020