Foreign Trade: Learning from Chile


News from Panama

Not fearing free trade, lowering tariffs and facilitating business development are some of the ingredients the Chilean export model that Central America could follow. In an interview with Elfinancierocr.com, ProChile‘s director, Roberto Paiva, explained that one of the main reasons behind the success of his country’s foreign trade model is the high degree of trade […]

September 14, 2016

Panama: Energy-Saving Standards for Construction


News from Panama

Panama needs this as much as any modern country that is growing rapidly and finds themselves short on energy. The construction sector is concerned about an initiative announced by the government to amend the building code and incorporate standards to save energy in new buildings. The head of the National Secretariat of Energy, Victor Urrutia, […]

September 14, 2016

Panama: Mandatory Accounting for Offshore Companies


News from Panama

The Cabinet Council has approved sending a bill that creates the obligation to maintain accounting records for legal entities that do not have operations in Panama. The bill submitted days ago by the Executive establishes penalties ranging from suspension of corporate rights to the dissolution of the company in cases where there is failure to […]

September 14, 2016