Hungary to Open Consular, Trade Mission in Panama


News from Panama

Hungary will open a diplomatic mission to handle trade and consular affairs in Panama, the foreign minister said on Wednesday, ahead of talks in Panama City. Péter Szijjártó told MTI by phone that he would meet with President Juan Carlos Varela Rodriguez, Vice President and Foreign Minister Isabel de Saint Malo de Alvarado and Trade […]

April 16, 2019

Panama and its Strategy to Attract Investments


News from Panama

Encouraging investments in free trade zones, increasing the number of new headquarters of multinational companies and strengthening diplomatic relations with Asian countries, are some of the stakes of the Central American country. Taking advantage of the competitive position in terms of connectivity and logistics is the main offer of the Panamanian economy for companies from […]

April 16, 2019

Panama commitment


News from Panama

Panama Ship Registry has affirmed its commitment to provide holistic services with a focus on helping the maritime industry be in compliance with international maritime regulations. Jorge Barakat, Minister of Maritime Affairs of the Republic of Panama, made the assurance at the Panama Maritime Authority Reception at Sea Asia 2019 in Singapore on Wednesday. “Two […]

April 16, 2019

Challenges for the Packaging Industry


News from Panama

Since consumers are less willing to buy products whose packaging is harmful to the environment, the packaging industry must begin to incorporate these trend changes in the development of its packaging design. The increase in the diffusion of ideas proposing sustainability in the production and commercialization of goods opens a space for companies to implement […]

April 9, 2019

Controversy Over Tax on Sweetened Beverages Remains


News from Panama

Although at the request of the business sector, President Varela vetoed the bill establishing an 8% tax on local and imported sugary beverages, Panama’s National Assembly will insist on approving it. The National Assembly approved in third session the new taxes, however, the business sector asked the Panamanian president at the end of February 2019 […]

April 9, 2019

In Panama, corruption looms over May presidential elections


News from Panama

 On Sunday May 5, Panama will hold general elections. Over 2.7 million voters will head to the polls to cast their ballots for president, 71 members of the country’s unicameral National Assembly and local representatives. This year’s elections will be the sixth since the democratic transition in 1994. The election will likely result in a […]

April 9, 2019