This is about the extent of protests that we get here in Panama! Airline pilots and more took to the streets to protest against government measures to reopen the economy. Trade unions took to the streets of Panama City on Tuesday in protest at the government’s decision to reopen the country’s economy, claiming it will […]
The Central American sovereign made a risky move as pandemic-hit markets sealed shut over February and much of March – but upsizing the deal amid scarcity of high-quality credits in the bond market appears to have paid off. Deal at a Glance Deal Type: Eurobond Structure: RegS/144a Issuer: Republic of Panama Deal Size: USD2.5bn Issue […]
This home in Los Molinos was built in 2008 and is in great condition including the new roof installed by the owners a couple of years ago. It consists of 3 bedrooms and 4 complete bathrooms totaling over 2,200 square feet of living area. The home sits on a lot of over 15,000 sf with […]
Foods whose properties and benefits are well defined, and are produced by companies with sustainable practices, have the greatest potential to gain ground in a market that has been rapidly transformed. Although in recent weeks’ e-commerce and analysis of how consumers buy in times of quarantine has occupied most companies, there are other trends that […]
Panama’s public services regulator Asep has issued additional transitory measures for power sector stakeholders amid the coronavirus crisis. One measure calls on distributors not to cut service from March 1 through June 30 for non-payment under certain conditions, such as family income under US$2,000/month, employment suspension and in the case of retirees and pensioners. Distributors […]
The Panama Canal is feeling the effects of the Covid-19 pandemic with a substantial drop in ships transit in April and May, Panama Canal Authority (ACP) Administrator Ricaurte Vásquez, said in a virtual forum organised by a local newspaper. “We are beginning to feel the impact of the [pandemic] situation on traffic,” Vásquez. In April, […]
Eric Dormoi, the national director of Export Promotion (DPE) of the Ministry of Commerce and Industries of Panama (MICI), stated that the country was currently seeking to increase fruit exports to international markets, despite the global problems caused by the coronavirus. Panama wants to promote the marketing of pineapple, papaya, Valencia orange, melon, and watermelon, […]
Panama’s Maritime Authority said it will impose sanctions on vessels, including fines of up to $10,000 and withdrawing its flag from the ship, if they deliberately deactivate, tamper or alter the operation of their tracking transponders. “This General Directorate of Merchant Marine will impose sanctions to all those Panamanian flagged vessels that deliberately deactivate, tamper […]
Little progress and multiple criticisms is the balance this Saturday of the Tripartite Dialogue Table for the Economy and Labour Development, convened by the government of Panama and composed of business associations and trade unions. With no significant agreements after a month of debates for the economic reopening of the country, yesterday it met […]
Panama’s telecommunications concession companies have not yet asked for permission to introduce the high tech fifth generation network, known as 5G says The Public Services Authority (ASEP) Nor has it been authorized by the entity to deploy towers, antennas, and equipment in the Republic of Panama. According to an ASEP statement, ” we want to […]