Panama Implements A Strategy To Promote Its Economy Through The Maritime, Logistics And Port Sectors


News from Panama

The maritime, logistics and port sectors never stop; they are a constant source of income which supplies an important economic contribution to the nation. Proof of this is the Panama Maritime Authority’s (PMA) position as the third institution in monetary contributions to the Panamanian State. For this reason, after all the pertinent consultations have been […]

April 28, 2020

Big Data in times of crisis


News from Panama

Measuring sales performance, observing trends and anticipating the impact that the crisis will have on the market in which each company operates has never been more important, and in this context, accurate data management and analysis becomes essential. “… Twelve years ago, in the midst of the economic downturn in 2008, British Airways (BA) was […]

April 28, 2020

Panama 2020: Telecoms, Mobile and Broadband Market Insights, Featuring Cable & Wireless Panama, Cable Onda, Claro, Optynex Telecom, Digicel, and Movistar –


News from Panama

Panama has seen a steady increase in revenue from the telecom sector in recent years, including a 2% increase in 2019, year-on-year. Mobile services and broadband remain the key sectors, a trend likely to continue during the next few years in response to operator investments in network upgrades. Panama’s economic prospects remain promising, with GDP […]

April 28, 2020

Manufacturing: New Tax Regime in Panama


News from Panama

The Cabinet authorized the Minister of Commerce and Industry to submit to the Assembly a bill to create the Special Regime for the Establishment and Operation of Multinational Companies for the Provision of Services Related to Manufacturing. The decision of the Executive, which seeks to reactivate the economy in the context of the health and […]

April 28, 2020

Rentals: Evictions Suspended in Panama


News from Panama

The Assembly approved in third reading a bill that suspends for a 120-day period all launches and evictions of private real estate intended for housing, commercial establishments, professional use, industrial and educational activities. The plenary session of the National Assembly, supporting the state of emergency as a result of the effects generated by the infectious […]

April 28, 2020

Pandemic, Smuggling and Black Market


News from Panama

Ohhhh that looks good but gotta wait some more before we can buy alcohol. Given the crisis in the region, businessmen in Guatemala report that smuggling of Mexican products has increased, while in Panama, beer producers attribute the rise in illegal trade in alcoholic beverages to the dry law. With the spread of Covid-19, governments […]

April 28, 2020