Panama to Ban Use of Plastic Bags


News from Panama

The Committee on Trade and Economic Affairs at the National Assembly approved in a first debate Bill 492, which promotes the use and giving out of reusable bags in commercial establishments in the country. See also : “Purchases and Sales of Plastic in Central America“ The president of the Committee on Trade and Economic Affairs, […]

May 8, 2017

Taxis in the face of UBER: “Times change, we do too”


News from Panama

In other countries taxi drivers are trying to resist the progress that the collaborative economy represents for users, relying on alleged “acquired rights” with the complicity of inefficient governments. In Guatemala, taxi companies have united and launched mobile applications that make life easier for their users. An article on Prensalibre.com reports that “….Under the motto “Times change, we do […]

May 8, 2017

Cryptocurrency Users in Panama Can Now Trade Dash via Coinapult


News from Panama

Avi Mizrahi at Finance Magnates writes of the new crypto currency being traded in Panama Crypto Capital, holders of an international money transmitter license, provide a bridge for regulated Dash to fiat conversion. Dash, the privacy-focused cryptocurrency, is now live on Panamanian broker and cryptocurrency wallet Coinapult, allowing users to trade it against twenty national currencies. Furthermore, Coinapult’s […]

May 8, 2017

Panama: Auto Sales Still Decelerating


News from Panama

In the first quarter, 14,230 new vehicles were registered, 11% less than the 16 thousand registered in the same period last year. Figures compiled by the Office of the Comptroller General of the Republic indicate that in March there were 5,462 new vehicles, distributed as follows: 2,075 are automobiles, 219 are luxury cars, 1,853 are […]

May 8, 2017

The Republic of Panama announces the commencement of a global note offering and commences an offer to purchase any and all of its 5.200% Global Bonds due 2020


News from Panama

  The Republic of Panama (“Panama“) announced today the commencement of a global offering (the “New Bonds Offering“) of its global bonds to be denominated in U.S. Dollars, due 2028 (the “2028 New Bonds“) and due 2047 (the “2047 New Bonds” and together with the 2028 New Bonds, the “New Bonds“). The New Bonds offered […]

May 8, 2017

El Niño Could Return to Panama and Damage Agriculture


News from Panama

<p><img src=”http://piwik.prensa-latina.cu/piwik.php?idsite=3″ style=”border:0″ alt=”” /></p> Panamanian meteorologists predicted that there were 50 percent of probabilities that the atmospheric phenomenon El Niño returns to Panama by the end of June or in early August, causing a disaster in agriculture. Such prediction triggered alarms in the sector, because if it is right, the aforementioned phenomenon will cause […]

May 8, 2017