60% of Panama’s coronavirus cases recover


News from Panama

Some 60%  of the patients infected with COVID-19 in Panama have recovered clinically or by laboratory tests, reports the Ministry of Health (Minsa). Of the 7,731 positive cases for COVID-19 registered until Wednesday,  4,477  have overcome the disease. As of Wednesday, May 6, Panama registered 3,618 clinical recovered patients and 859 by laboratory tests, for […]

May 11, 2020

Panama reduced covid 19 infection rate


News from Panama

Panamanian health authorities believe that the measures to contain the Covid-19 pandemic worked, and the statistics are below a first tragic prediction, while the contagion is decreasing this Wednesday.   The ninth week of the health crisis, which began last Sunday, reflects so far the lower daily rates of spread of the virus since the […]

May 11, 2020

Construction: 30 More Days of No Activity


News from Panama

Due to the health emergency, the Ministry of Health of Panama decided to extend the temporary suspension of the construction activity for a 30-day period, under the same terms expressed in Decree 506 of March 24. Weeks ago, it was reported that starting Wednesday March 25 and for a period of 30 days, Panama decreed […]

May 6, 2020

Panama: Temporary Closing of Gas Stations Authorized


News from Panama

The National Energy Secretariat authorized the service stations that sell gasoline in the country to temporarily close their operations in the context of the health and economic crisis. Resolution N. 4730 of April 23, 2020, allows those service stations that due to low sales volume, and whose location does not affect agricultural, logistical, commercial and […]

May 6, 2020

Banks Would Be Forced to Consolidate Debt


News from Panama

In Panama, the Assembly approved in third debate a bill that seeks to force banks to consolidate customers’ debts, regardless of their credit history. According to Article 4 of the approved law, “… all credit obligations that the debtor has, regardless of the risk category or default status that these obligations register in the credit […]

May 6, 2020

Consumers in the New Commercial Era


News from Panama

Less impulsive and more reasoned purchasing decisions and the search for product and supplier information on the Internet and social networks are some of the characteristics of consumers in the new business environment. Given the spread of covid-19, health authorities in Central American countries have been forced to restrict the mobility of people and have […]

May 6, 2020

Business chamber touts home delivery as first restart step


News from Panama

Economic sectors where there is less risk of transmission and with low public contact should be allowed to function in the midst of the pandemic caused by Covid-19 said  Panama’s Chamber of Commerce, Industry, and Agriculture on Sunday, April 3.   The chamber’s president Juan de la Guardia said that his union has already held […]

May 6, 2020