Central America: Negative Outlook for the Banking Sector


News from Panama

Fitch Ratings agreed to change the perspective of the region’s banks from stable to negative, arguing that the current health crisis will affect financial institutions in all countries. Considering the measures that countries have adopted in the last 15 days in economic matters, following the spread of covid-19, Fitch expects that there will be a […]

April 7, 2020

Restaurants: Entrepreneurs Ask Government for Support


News from Panama

In response to the health crisis facing Panama, the sector’s union requested government intervention to suspend rent collections and payment of employer’s fees. On April 1, 2020, the Association of Restaurants and Related Industries of Panama (ARAP) sent a note to the Presidency of the Republic, in which they requested that given the crisis that […]

April 7, 2020

Panama to gain more connectivity via the Curie submarine cable


News from Panama

Just released, this edition of Paul Budde Communication’s focus report on Panama outlines the major developments and key aspects in the telecoms markets. Read the full report: https://www.budde.com.au/Research/Panama-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses 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, […]

April 7, 2020

GMB volunteers reflect on recent Panama trip


News from Panama

In the wake of the COVID-19 pandemic, many Notre Dame-sponsored volunteer trips were cancelled. Although most of such trips were cancelled, one group remained: the Notre Dame chapter of the Global Medical Brigades (GMB). A group of 33 students traveled to Panama on Saturday March 7. “[The] first two days we [focused on] access to […]

April 7, 2020

COVID-19: A visual portrait of life in Miami-Dade


News from Panama

I saw this piece in the Miami Herald and as my kids are still in Florida, I worry about them daily. In the midst of the coronavirus pandemic that has drastically changed life in Miami-Dade County, Miami Herald and el Nuevo Herald visual journalists set out to capture the impact of the outbreak through their […]

April 7, 2020

Over 2,000 Panama Hotel Beds for Coronavirus Patients


News from Panama

The evaluation of 200 coronaviruses, patients with mild and moderate symptoms is underway for transfer to  Panama hotels that have made over 2000 beds available to health authorities. The director of Epidemiology of the Ministry of Health (Minsa), Lourdes Moreno, said that a criterion to take into account is that the patient has other diseases […]

April 1, 2020