Arias, Fábrega & Fábrega


News from Panama

Arias, Fábrega & Fábrega – Professional Notice – Latin Lawyer 250 ARIFA has been leading Panama’s legal profession since 1914. The firm advises international financial institutions, multinationals and some of the largest domestic companies. Its practice spans 30 areas of law in 14 practice groups. ARIFA, long recognised for structuring complex and innovative M&A, capital […]

March 12, 2019

Which Companies Built Sports Centers in 2018?


News from Panama

Last year, nearly $75 million in contracts to build public sports centers were awarded in Panama, being Enobras S.A. the company that accumulated the largest amount awarded. Data from the information system “Public Purchases in Central America” by CentralAmericaData, details the list of companies favored with contracts to carry out construction works in 2018, in […]

March 12, 2019

Panama: GDP Up 4% in 2018


News from Panama

Panama has  not seen such slow growth in well over a decade.  Let’s hope that with a new administration we see more progress in economic growth.  As James Carville once said to Bill Clinton, “It’s the economy, stupid” During 2018, the constant Gross Domestic Product totaled $41,693 million, almost 4% more than what was reported in […]

March 12, 2019

Panama Utility Upgrades Transmission Line


News from Panama

Empresa de Transmisión Eléctrica S.A. (ETESA) has just started the construction on a critical capacity upgrade to an existing double circuit 230 kV transmission line in David City, Panama. The project is supported by Elecnor, an EPC firm. ETESA was able to use all 220 of the existing metal lattice suspension and anchor towers without requiring […]

March 12, 2019

Food: Which Companies Are Doing Business in Central America?


News from Panama

Alimentos y Bebidas Atlántida in Guatemala, Mayca in Costa Rica and Nestlé Panama, are part of the companies reporting the highest numbers of purchases of food preparations in Central America. An analysis of CentralAmericaData‘s Trade Intelligence unit provides details on the companies according to sector, main activity, volume and value of their imports, exports and […]

March 12, 2019

Panama name nine World Cup players for Brazil friendly


News from Panama

Panama coach Dely Valdes has included nine players from the country’s 2018 World Cup squad in his 18-man list for a friendly against Brazil later this month. Among them are Alaves midfielder Jose Rodriguez, New York Red Bulls defender Michael Amir Murillo and LA Galaxy midfielder Ernesto Walker, the Panamanian Football Federation said on Monday. […]

March 12, 2019

Property Tax: Moratorium Extended


News from Panama

In Panama, the National Assembly approved extending until June 30, 2019, the deadline for taxpayers to pay the real estate tax, free of interest and surcharges. The meeting provided a two-way tool by allowing taxpayers a more convenient period to catch up with their debts and the General Revenue Directorate to make the relevant collections […]

March 12, 2019