In Panama, a legislative project was submitted which intends to gradually reintegrate the employees to their companies, which have already restarted their activities and which in 2020 suspended labor contracts due to the crisis caused by the outbreak of covid-19. According to the legislative body, the bill which legalizes the gradual reintegration of the suspended contract workers to […]
Thanks to various one-stop itineraries with carrier Copa Airlines, Floridian passengers can visit Peru for under $200 this August! The Panamanian flag carrier flies into its Panama City hub from Miami and Fort Lauderdale. From there, it offers an easy connection onto Peru-bound flights serving the capital city, Lima. The flights Miami International (MIA) and Fort […]
The newly appointed governor of Panama, Carla García is trying to distance herself from a Public Ministry investigation following a report of a legislative subcommittee that reported physical, sexual and psychological abuse in shelters under the responsibility of the National Secretariat for Children, Adolescents and Family (Senniaf) while she was deputy director. She absolved herself from […]
Panama’s Copa Airlines was essentially grounded for almost five months last year. Flights resumed in the fourth quarter, as Panama eased its travel restrictions, but the resurgent virus and fear of new variants has quashed demand since December. Copa’s December capacity was 27 percent of the airline’s December 2019 capacity, and first-quarter capacity so far […]
Haitian migrants sit on the grass at a migrant camp amid the new coronavirus pandemic in San Vicente, Darien province, Panama, Tuesday, Feb. 9, 2021. Panama is allowing hundreds of migrants stranded because of the pandemic, to move to the border with Costa Rica after just reopening its land borders. (Arnulfo Franco/Associated Press) After nearly […]
The most recent estimate from the Ministry of Economy and Finance of Panama (MEF) indicates a contraction of 17 percent in the Gross Domestic Product (GDP) in 2020, the La Prensa newspaper reported. Although the official figure was issued by the Comptroller General, the MEF published a calculation based on the fiscal balance of […]
Fitch Ratings – Monterrey – 08 Feb 2021: Fitch Ratings has acted on the ratings of four issuers of the infrastructure sector in Panama as follows: –Autoridad del Canal de Panama (ACP): Downgraded the ratings on the Long-Term Issuer Default Rating (IDR) and on the USD450 million senior unsecured notes to ‘A-‘ from ‘A’. The […]
The Panama Tourism Authority (ATP), in alliance with Panama’s Ministry of Environment, has launched the “1,000 Kilometers of Trails” project to preserve important ecological trails critical to tourism, ecology and scientific discovery. Created within the framework of the Tourism, Conservation and Research (TCR) strategy of Panama’s Master Plan for Sustainable Tourism (PMTS) 2020-2025, this initiative aims to […]
Panama’s Health Minister on Monday (Feb 8) defended the deployment of more than 200 Cuban doctors to help the Central American country battle the coronavirus, despite criticism of the island government’s human rights record at home. “We are eternally grateful” to the Cuban doctors because “they came here to save the lives of Panamanians”, Dr […]
Manzanillo International Terminal (MIT) and Colon Container Terminal (CCT), both port terminals located on the Atlantic side of Panama, have joined the collaboration efforts to help optimize supply routes for the distribution of the COVID-19 vaccine and supplies to Latin America. The Panama Canal, MIT and CCT have signed Memorandums of Understanding to establish an […]