Banconal’s IDR and national scale ratings are driven by the potential support it would receive from the Republic of Panama (BBB-/Negative). Banconal’s ratings alignment with those of its owner, reflect a general subsidiary state guarantee for all of its liabilities established under Banconal’s Organic Law (Article 3). Fitch’s view on the propensity of support is […]
• Panamanian women, like women around the world, have been disproportionately affected by the COVID-19 pandemic. • Panama was one of the first countries to partner with the Equal Pay International Coalition. • Now the government continues to introduce further measures to build women’s participation in the workforce. The struggle for the overall equality and […]
When COVID-19 was detected last spring in Panama, 26-year-old cartographer Carlos Doviaza feared for his “brothers” — not his blood relatives but indigenous people like himself. He believed the way he could help them was to do what he does best: making maps. “I thought, why not use my strength to build a platform created […]
The business sector requests the country’s authorities to repeal Executive Decree 260, which establishes measures to enter the national territory to people coming from South America. The Chamber of Commerce, Industries and Agriculture of Panama (CCIAP) requests the National Government to discuss and support the measures to be implemented in a balanced manner, stressing the message that […]
Click on the fist picture and thanks to John Wolf for sharing! Stay Safe!!
On this episode of Midday Market Update, Kaylee Nix and Michael Vincent dive into the deep possibilities of disruption in the maritime shipping world. Starting with headlines, they outline a massive acquisition by TriumphPay, which CEO Jordan Graft says will fill out the company by adding a settlement process. Another trucking company has released details of planned […]
The World Bank predicts that by the end of this year Panama and the Dominican Republic will be the economies of the region that will grow the most, and the countries that will report the lowest increases in their production will be Costa Rica and Nicaragua. After the region’s economies were considerably affected in 2020 […]
Event: Filling 600 Easter Egg Bags for kids in the Comarca. Marcelyn and I participated in this Easter Bag Stuffing event earlier today. I was so impressed with the strong support by our expat community for delivering happiness and excitement to so many local children. I estimate about 30 volunteers came together at the clubhouse at the Boquete […]
PERHAPS there are more subtle ways to bury one of the biggest scandals of this government: the abuses suffered by minors in shelters subsidized by the National Secretariat for Children, Adolescents and Family (Senniaf), but it is clear that the intention is to turn the page without major consequences. The State subsidizes 42 shelters throughout […]
A group of 19 young Panamanians traveled to Cuba today to study medicine through a scholarship granted by the Isthmus Institute for Training and Use of Human Resources (Ifarhu). The government institution selected the best records from public schools located in impoverished indigenous regions and the capital district of San Miguelito and established the […]