Cargo Transport: Agreement between Panama and Costa Rica


News from Panama

The Panamanian government announced that it had reached an agreement with the Costa Rican authorities that Panamanian heavy transport units would be given a 72-hour period to load and unload goods in tax offices. Arguing that it was an attempt to mitigate the spread of the covid-19, the Costa Rican presidency decided that from 18 […]

May 25, 2020

Supermarkets: Strategies in the New Reality


News from Panama

Ensuring customer supply, adjusting protocols to maintain store operations and supporting suppliers with more frequent payments are all part of the strategies supermarkets are applying in this new business environment. Maintaining store operations in this scenario of health crisis and the spread of covid-19 is a real challenge for supermarkets in Central America. For example, […]

May 25, 2020

Vehicles: New Reality, New Strategies


News from Panama

Focusing on increasing income from after-sales services and making alliances with banks to offer better financing conditions are some of the strategies that car dealers in Panama intend to implement in this new reality. Representatives of Ricardo Perez S.A., a Toyota brand distributor in the country, believe that because the purchase of a vehicle represents […]

May 25, 2020

How to Boost Online Sales?


News from Panama

Placing the most essential products on the website, establishing partnerships with specialized companies to ensure the shipping and delivery of orders on time, are some of the tips for companies to develop e-commerce in the new business reality. How to reach customers, implement or enhance the digital sales channel in this context of health crisis, […]

May 25, 2020

AMP Suspends Anchorage Fees For 90 Days To Panama-Flagged Vessels Above 500 Gt And To Foreign-Flagges Vessels For 60 Days


News from Panama

The Panama Maritime Authority (AMP) has announced that in coordination with the Ministry of Health (MINSA), it has allowed international navigation vessels, including tankers and container vessels, which are not currently in operation, to anchor their ships in the Bay of Panama until they pass the world sanitary status and they have only their minimum […]

May 25, 2020

Panama: Gradual reopening of companies


News from Panama

According to Executive Decree No. 96 of May 15, 2020, the Ministry of Labor of Panama has ordered that, for the operation and gradual reactivation of companies and/or activities, the employer must complete the digital form on the reactivation of contracts, enabled by the Ministry of Labor on its website. In addition, Executive Decree No. […]

May 25, 2020