Walkout was over multinational’s decision to install security cameras. Banana workers at Chiquita’s farms in Bocas del Toro, Panama have called off a strike in protest at the installation of security cameras in plantations and packhouses after the multinational agreed to remove the cameras. The walkout, which lasted for more than two weeks, came to […]
US counterdrug agents and authorities in Panama have recently targeted one of the country’s largest gangs, revealing its ability to coordinate drug shipments northward. But the group, known as Bagdad, may not be able to withstand the pressure. After an investigation lasting over a year, Panama’s security forces and the United States Drug Enforcement Administration (DEA) have […]
Social Security Fund tenders service, management and distribution of media advertising for the Covid-19 vaccination campaign. Panama Government Purchase 2021-1-10-0-08-LP-407428: “General objectives: -Promote the vaccination campaign to avoid complications from the virus contagion. -Communicate the importance of following biosecurity measures. -Provide recommendations and positive actions that contribute to the improvement of the health of the population that goes through different […]
Empresa de Transmision Electrica de Panama warns that Bill 342, which was approved in the first debate in the Assembly, threatens the stability of the local electric sector by delaying and making it impossible for electric projects to enter into operation due to the lack of transmission lines. In note No. ETE-DAL-029-2021, sent to the […]
China has once again come to the rescue of Latin American countries in their hour of need. In late 2020, the death toll was rising in Brazil, Ecuador, and Peru, as well as in other countries in the region. Europe and the United States had secured millions of vaccines, but these doses were not reaching […]
Authorities launch plans to create a greener canal, including a pilot program utilizing electric vehicles and alternative fuels to power equipment. The Panama Canal is advancing its sustainability goals, with plans to become carbon neutral by the end of the decade, canal officials said this week. The Panama Canal Authority said Monday it has launched a […]
In recent years, Panama has experienced the impacts of climate change, from flooding and landslides caused by torrential rains to hurricanes that killed 20 people last year. Rainforests cover 65% of Panama, but between 2012 to 2019 the country lost around 2% of its forest per year. Officials are now taking steps to combat forest […]
If you are going to deposit money in a bank in Panama, do your homework. While rates stay strong at 3 to 5%, be careful. I am opting for Banco General is one of the best banks and strong compared to some of the others. I have also noticed a decline in service like Scotiabank […]
Through Executive Decree No. 722 of October 15, 2020, Panama has created the subcategory of Permanent Resident as a Qualified Investor; It is specifically focused on those foreigners who invest, at least, an amount of $ 500,000.00 from a foreign source, which may be in a personal capacity or through a legal entity, in which […]
I follow Simon black on a daily basis. He is a successful international businessman who has a good understanding of what is going on these days. With a new government and president comes a lot of questions. A- What is going on? B- What should I do about it. Let’s start with A- What is […]