Panama Health Workers Owed Over $6 Million In Back Wages


News from Panama

At least 400 health professionals hired by the Ministry of Health have not been paid since they began work combating the pandemic in March. The Minister of Health Luis Francisco Sucre requested a transfer of funds this week to pay health personnel their salaries, which totals to around $6 million. An additional $4 million has also been […]

August 31, 2020

Two Bids for $50 Million Road Works


News from Panama

In the public tender held in Panama to design, build and finance the interconnection of the Cinta Costera 3 with the Calzada de Amador, Consorcio Amador and Consorcio Cinta Costera submitted their proposals, which amounted to $55 million and $44 million, respectively. Consorcio AMADOR, made up of the companies Meco, S.A. and Puentes y Calzadas e […]

August 31, 2020

Real Estate Market: Challenges and Opportunities


News from Panama

The commitment to long term rentals instead of vacation rentals, preference for larger residences and innovation in the marketing tools of the projects under development are some of the changes expected in the coming months, which could set a new pattern in the sector. The health crisis caused by the spread of covid-19 ended up changing consumer […]

August 31, 2020

Travel in a World with Covid


News from Panama

Here is a great article from Sovereign Man on the realities of travel today. Today’s Notes from the Field is a little bit different. As you’ll notice instead of Bahia, this letter is coming to you from Dubai, UAE. And, is penned by a Sovereign Woman. Hi, I’m Viktorija, for those who don’t know me […]

August 27, 2020

Residential Sales: How do Preferences Change


News from Panama

Because of the new commercial reality that has emerged in an accelerated manner and with the boom of telecommuting, potential buyers are more inclined to buy an individual home, which offers more privacy, than an apartment. With the spread of covid-19, strict home quarantines were decreed in Central American countries. This scenario encouraged the implementation of telecommuting and […]

August 27, 2020

Tourism and Insurance Opportunities


News from Panama

  Products that offer a refund in the event of having to cancel the trip due to illness, as well as coverage at the destination if the person becomes ill, both for medical expenses and for lodging in case a quarantine is needed, constitute a great opportunity in this context of the spread of covid-19. Leonardo […]

August 27, 2020

Urgent Need to Reopen the Economy, but Without Bureaucracy


News from Panama

After five months of implementing measures to mitigate the covid-19 outbreak, the business sector in Panama is calling for the removal of unreasonable, technical and unconstitutional restrictions that are working against the success of economic and social recovery. So far, Panama is the country that has registered the most abrupt fall in its level of economic activity in Central […]

August 27, 2020

Supporting Employees Traveling Internationally Today


News from Panama

GlobalAutoIndustry.com’s latest Audio Interview “How to Support International Business Travelers and Employees on Assignment In the New Normal” features Lynn Greenberg. Greenberg is the founder and CEO of Pivt, the mobile app designed to reduce churn and improve the well-being of relocated and transient employees. Previously, Greenberg worked at Bloomberg LP in London and then […]

August 27, 2020