Taking measures to reactivate the productive sectors, make better use of public-private partnerships and boost tourism is part of what the private sector expects from the Panamanian government in the coming year. Six months before the Cortizo administration takes office, Panama‘s business sector is asking it to make the decisions the economy needs to be […]
This is a great story showing both sides of the controversy and I especially like Roberto Eisenamann Jr. and his side of the story. Panamanian relatives of those killed during the 1989 US invasion of the country brought flowers to the graves of their loved ones to honor their memory on the 30th anniversary of […]
Last year marked the 30 anniversary of the US invasion of Panama. A very controversial subject and a sad time indeed with all that happened just to get one man. I read history for one reason that we all should do and that is to learn from our past mistakes so as not to repeat […]
Well, it is finally here! I find myself feeling jubilant, happy, but also anxious about the new year, what will it bring? Having just turned 66, I have started the year/decade with a new milestone. I am another year older and I like to think, another year wiser. Panama has been good to Susie and […]
Recruited at the last minute for a trip through the Canal, a sailor learns the ropes of how to pass through the locks. Diane Gorch writes for Cruising World I scrambled out of the dinghy onto Minh’s transom steps as a last-minute addition to the crew, the required fourth line handler needed for a transit […]
Since the country has not made enough efforts to eradicate illegal fishing, the European Union sanctioned it with a yellow card, a warning that precedes the red card, which if applied would prohibit the entry of Panamanian fishery products into Europe. After the corresponding audits were carried out, the sanction to Panama dated December 16, […]
In the first six months of 2019, Central American countries imported $38 million in wine, and purchases from Chilean companies increased by 11% over the same period in 2018. Regional Business Upwards Between the first half of 2018 and the same period in 2019, the value of wine imports into Central America registered a 2% […]
The US showed us as an example of how this can be a problem. The Panamanian business sector believes that increasing the minimum wage under current conditions will generate more unemployment and increase informality in the labor market. With the possibility of an increase in the minimum wage next year, the National Council of Private Enterprise […]
AM Best has maintained a stable market segment outlook on Panama’s insurance industry, citing sound capitalization among the country’s carriers, their profitable underwriting strategies and improving risk management practices. Panama remains a consistent growth driver for Central America’s overall insurance market, and in 2018, the country’s insurance market expanded by 3.9%, slightly outpacing gross domestic […]
The Panamanian government’s optimistic projections are based on the publicity that finally began this year at the international level, with the injection of $20 million into the Tourism Promotion Fund. The campaign to promote Panama as a tourist destination in the main international markets began in November of this year and will be active for […]