Central America: Fuel Prices up to January 28th


News from Panama

Price per gallon of regular gasoline: Costa Rica $3.64, Nicaragua $3.31, Honduras $3.17, El Salvador $2.78, Guatemala $2.73 and Panama $2.56. The upward trend of the reference prices for the present fortnight, follows the agreement to reduce production by 1.2 million barrels per day by the member countries and non-members of the Organization of Petroleum […]

January 30, 2019

Coffee Price Closes Year Downwards


News from Panama

In December 2018, it was reported that the international price of a pound of coffee fell to $1, which is equivalent to a 12% drop compared to the same month in 2017. Data from the International Coffee Organization (ICO) detail that in the last two months of last year also reported a decline in the […]

January 28, 2019

Supermarket Chain Sale Confirmed


News from Panama

In Panama, Grupo Rey owners agreed to sell 73% of the company’s shares to Ecuador’s Corporación Favorita. At the beginning of November 2018, Grupo Rey was reported to have disposed of the sale of 60% of the shares to Corporación Favorita, a transaction that at that time was estimated could close at $273 million. However, […]

January 28, 2019

Customer Service for $3 Million


News from Panama

In Panama, a Government Contact Center is tendered for services, which will provide attention through telephone calls, web chat, e-mail and other means. Panama Government Purchase 2019-1-46-0-08-LP-003549: “The Government Contact Center should have an Interactive Voice Response and Multiple Media Access (IVR) System and computer telephony integration (CTI) that allows agents to synchronously receive the […]

January 28, 2019

Panama: New Tax Code


News from Panama

The law approved in the second debate establishes procedures and dates by which taxpayers may assert their tax rights. From the National Assembly of Panama press release: January 21st, 2019. After introducing new modifications, Law 692, by means of which the Tax Procedure Code is adopted, was approved in the second debate. The regulation was […]

January 28, 2019