Staff shortages affect call centers in Panama TODAY PANAMA – The number of jobs in call center companies fell by 37% between 2012 and 2016, due to the difficulty in finding skilled labor for this activity. Limited supply of staff with the skills needed to work in a call center and higher wage demands […]
Joe Kirwin at Bloomberg writes of loopholes that exist that lawyers took advantage of. Switzerland’s lack of regulatory oversight for lawyers, as well as loopholes that allow them to ignore due-diligence rules, came under intense scrutiny at a European Parliament hearing probing Switzerland’s role in the year-old Panama Papers revelations. At the same time, […]
The non-implementation of policies, programs, and projects that help transform the country’s production, trade and projection abroad, affected the economy and contributed to a slow-down. According to the National Competitiveness Center (NCC), it is necessary to meet these challenges at a time when the Brexit and the recent presidential campaign promises in the US threaten […]
Ever wonder how coffeehouses in New York survive paying top rents when so many customers sit for hours stirring their $3 coffee? Pourt is a new entry that has an answer: it combines an appealing coffee bar with a separate co-working space that charges by the hour or day. Pourt, which opened late January 2017, […]
More road improvements in Panama is always good news, a little painful but worth it in the end. The Ministry of Public Works in Panama is inviting bids for the renovation of 61 kilometers of roads in the province of Cocle. “Project aims: -Renovate, repair and improve the road network in the region, to provide […]
Wingo’s inaugural flight between Panama City/Balboa and Cartagena was welcomed with a water arch salute on 23 February. The airline will offer three weekly flights between the two airports, facing indirect competition from Copa Airlines and its subsidiary, Copa Airlines Colombia, which both serve the city pairing, but operate from Panama City’s main airport – […]
Location on Calle Narciso Garay in one of Panama’s most exclusive neighborhood of Altos del Golf (Golf Heights). This is a quiet street with little local traffic. The home has been completely remodeled. Home size 600 m2 or approximately 6,500 sf Fully air conditioned with central air in living and dining area and 6 split systems […]
In 2016 subscriptions to insurance policies grew by only 0.5% compared to the previous year, which is below the growth rate of 3.4% recorded between 2014 and 2015. The speed at which premiums are growing in the Panamanian insurance market has been declining since 2013. Between 2012 and 2013, registered growth was 9.3%, followed by […]
Jorge Quijano spoke Friday at the Center of Innovation, Commercialization and Entrepreneurship at Lamar University-Beaumont. The theme of his presentation was the “Development and Operation of the Newly Expanded Panama Canal and Vision for its Future.” Jorge Quijano, administrator of the Panama Canal Authority, said more than 100 years ago the Panama Canal connected two […]
Starting from March 15, new tariffs are in effect for imports of coffee, wooden boards, paper towels, aluminum and certain wires and cables from countries with whom no trade agreements are in force. The measure comes into effect on March 15, 2017, and is added to the Executive Decree which temporarily increases the duty on […]