Helium Energy Panama filed a lawsuit against Etesa for non-conformity with the result of a wind energy tender. Helium Energy Panama, a wind energy generator, filed a lawsuit in the Third Chamber of the Supreme Court of Justice against the state-owned Empresa de Transmision Electrica S.A. (Etesa) for more than $50 million. The public purchase […]
During the discussion of a tax evasion law project, the Panamanian business sector requests that the amount defrauded to be considered a legal crime be increased from $300,000 to $500,000. Regarding the request made by the Chamber of Commerce, Industry and Agriculture of Panama, the Ministry of Economy and Finance (MEF) explained that “… There are […]
Baby birds learn to fly. Baby mammals switch from milk to solid food. Baby bats, as winged mammals, do both at the same time during their transition from infants to flying juveniles. According to a new report from researchers at the Smithsonian Tropical Research Institute (STRI) who studied Peters’ tent-making bats (Uroderma bilobatum), mothers prod […]
The Panamanian Institute of Sports tenders several construction works in the provinces of Chiriqui and Panama. Panama Government Purchase 2018-1-35-0-04-LV-007462: “Study, design, demolition, construction and equipment of La Basita Fitness Center, located in the district of David, province of Chiriqui.” Reference value: $ 5.478.802. Deadline for receipt of tenders: November 22nd, 2018. See tender. Panama […]
The Swiss bank, Julius Baer, reported that it will close its representative offices in the Central American country and will concentrate on other larger markets in the region such as Brazil. The statement of the financial institution was made after Matthias Krull, a former employee of the bank in Panama, pleaded guilty in the U.S. […]
Panamanian Vice President and Foreign Minister Isabel de Saint Malo de Alvarado waves to reporters before a meeting with her Indonesian counterpart Retno LP Marsudi at the Foreign Ministry in Jakarta on Thursday.(JP/Seto Wardhana)Indonesia and Panama have agreed to intensify cooperation, especially on trade and investment, as the two play significant roles in their […]
It is not a secret that Cuban entrepreneurs travel to Panama to buy consumer goods that they later sell in the black market. The Panamanian government is making it easier for them to continue their business. The Panamanian embassy in Havana was busy on Tuesday. Cubans will now be able to travel to the Central American country […]
Panama”s President Juan Carlos Varela will make an official visit to Cuba on Oct 29-31, the Cuban Foreign Ministry announced on Friday. According to the programme, Varela will pay tribute to National Hero Jose Marti in the memorial bearing his name in Havana and will hold official talks with Cuban authorities. The President will […]
The Cuban Minister of Science, Technology and the Environment, Elba Rosa Perez, and her Panamanian counterpart, Emilio Sempris, have signed on Friday a technical and academic cooperation agreement in environmental matters. The agreement, with a duration of five years and extendable for the same period, will allow the sustainable use of natural resources, the […]
Latinvex staff covered this in a recent article that they published. Multinationals in Latin America improved their performance last year, posting an 11 percent increase in revenues, according to according to the latest Latinvex 500. That stands in contrast to 2016, when they suffered an 8 percent decline.