For the company’s directors, the bill that seeks to regulate the operation in Panama generates “more uncertainty and affects the investment of multinational companies.” On September 9, a bill was presented to the National Assembly to amend “Executive Decree No. 331 of October 31, 2017,” by which it is intended to impose requirements on drivers […]
In their largest burning of confiscated drugs to date, Panama’s security forces burned 24 tonnes of cocaine and two tonnes of marijuana, in a remote area. The destroyed drugs were confiscated only in the last four months. See the video here
The Dominican Republic, Panama and Honduras are the nations in the region where the majority of the population believes that corruption in government institutions has increased in the last twelve months. The report “Barómetro Global de la Corrupción: América Latina y El Caribe 2019 – Opiniones y Experiencias de los ciudadanos en materia de corrupción” […]
Because the country produces only 6% of the medicines demanded, there are several business opportunities that can be explored by industry businessmen. Currently, local manufacturers do not have the capacity to produce and supply the Panamanian market, which has generated several business opportunities for several companies. You may be interested in “Pharmaceuticals: Competitors in Panama” […]
Panama’s Minister of Maritime Affairs and Administrator of the Panama Maritime Authority Noriel Arauz participated in the United Arab Emirates Maritime Week (UAE), organized by The Dubai Maritime City (DMCA) Authority. The Maritime Week focused on the latest innovations that facilitate, revitalize and support the world’s maritime sector. Dubai was recently named one of the […]
In Panama, the Cortizo administration has announced that it does not plan to sign new trade agreements, as what the country currently needs is to “strengthen its exporters.” Representatives of the Ministry of Commerce and Industries informed that until the exportable offer of Panama is strengthened, they will begin to advance in the negotiation of […]
On September 25, 2019 local time, State Councilor and Foreign Minister Wang Yi met with Foreign Minister Alejandro Guillermo Ferrer López of Panama on the sidelines of the United Nations (UN) General Assembly in New York. Wang Yi asked Alejandro Guillermo Ferrer López to convey President Xi Jinping’s warm greetings to President Laurentino Cortizo. Wang […]
Businessmen are looking to districts such as Arraiján and La Chorrera, as the improved connectivity brought by the Fourth Bridge over the Canal and Metro Line 3 will bring a wide range of business opportunities. These districts, in which considerable growth is expected in the next few years, currently remain among the main areas attracting […]
The cocaine pipeline to the United States took another hit. Crews assigned to the National Air Security Operations Center-Jacksonville seized $22 million worth of cocaine at sea earlier this month. Authorities on patrol in waters near Panama spotted a 25-foot go-fast boat with three people on board. According to U.S. Customs and Border Protection, the […]
James Paterson has created another great video, a must see for sure.