Foods whose properties and benefits are well defined, and are produced by companies with sustainable practices, have the greatest potential to gain ground in a market that has been rapidly transformed. Although in recent weeks’ e-commerce and analysis of how consumers buy in times of quarantine has occupied most companies, there are other trends that […]
Panama’s public services regulator Asep has issued additional transitory measures for power sector stakeholders amid the coronavirus crisis. One measure calls on distributors not to cut service from March 1 through June 30 for non-payment under certain conditions, such as family income under US$2,000/month, employment suspension and in the case of retirees and pensioners. Distributors […]
The Panama Canal is feeling the effects of the Covid-19 pandemic with a substantial drop in ships transit in April and May, Panama Canal Authority (ACP) Administrator Ricaurte Vásquez, said in a virtual forum organised by a local newspaper. “We are beginning to feel the impact of the [pandemic] situation on traffic,” Vásquez. In April, […]
Eric Dormoi, the national director of Export Promotion (DPE) of the Ministry of Commerce and Industries of Panama (MICI), stated that the country was currently seeking to increase fruit exports to international markets, despite the global problems caused by the coronavirus. Panama wants to promote the marketing of pineapple, papaya, Valencia orange, melon, and watermelon, […]
Panama’s Maritime Authority said it will impose sanctions on vessels, including fines of up to $10,000 and withdrawing its flag from the ship, if they deliberately deactivate, tamper or alter the operation of their tracking transponders. “This General Directorate of Merchant Marine will impose sanctions to all those Panamanian flagged vessels that deliberately deactivate, tamper […]
Little progress and multiple criticisms is the balance this Saturday of the Tripartite Dialogue Table for the Economy and Labour Development, convened by the government of Panama and composed of business associations and trade unions. With no significant agreements after a month of debates for the economic reopening of the country, yesterday it met […]
Panama’s telecommunications concession companies have not yet asked for permission to introduce the high tech fifth generation network, known as 5G says The Public Services Authority (ASEP) Nor has it been authorized by the entity to deploy towers, antennas, and equipment in the Republic of Panama. According to an ASEP statement, ” we want to […]
Panama intends to transport some 1,900 migrants, who have been stranded in that country due to COVID-19 after crossing the inhospitable Darien jungle, closer to the border with Costa Rica, the Panamanian government announced Saturday after a resolution by the Inter-American Court. “We are trying to resolve their health, safety and permanence situation and how to […]
A regional human rights court has ordered Panama’s government to immediately provide medical care and more sanitary conditions for some 2,000 migrants detained near the Colombian border. Prior to the novel coronavirus pandemic, Panama had practiced what it called a “controlled flow,” which allowed migrants emerging from the dangerous Darien jungle to rest at camps […]
Discounts and offers, increase in the price level generally and the rise in operating costs due to new health and safety protocols are the main threats to the profitability of companies in this new commercial reality. Given this context of economic and health crisis, which derives from the outbreak of covid-19 at the global level, […]