Panama: Proposal to Suspend Tax Payments


News from Panama

In view of the emergency arising from the spread of covid-19, a bill was submitted to the Assembly proposing a 90-calendar-day suspension of the payment of municipal and national taxes. The initiative also establishes the suspension for 90 days of the payment of electricity and drinking water, as well as mortgage and personal loans, among […]

March 24, 2020

Business Resilience in Times of Crisis


News from Panama

Identifying critical business needs and setting up plans on how to maintain supplies and operations, as well as establishing communication channels with suppliers to be informed in case of any eventuality, are part of the advice for companies. The coronavirus has already affected the world economy, and its effects do not seem to stop. With […]

March 24, 2020

 Most Businesses in Panama to Be Closed


News from Panama

Due to the spread of covid-19, from March 21, 2020 and for a period of 30 days, the government has ordered the temporary closure of shops and businesses in the country, with the exception of pharmacies, supermarkets, banks, gas stations and others.  We are now in a quarantine with a couple of hours each day […]

March 24, 2020

Let’s Travel Club Visits Panama


News from Panama

Members of the Let’s Travel Club left on February 27 to enjoy nine exciting days on a Collette Discover Panama tour. Many activities were enjoyed as the travelers were introduced to several facets of the Panamanian folklore, culture, and traditions. The introduction began with a visit to the Embera’ indigenous village. Musicians of the village […]

March 24, 2020

Panama’s top breadwinner defies virus as 50 ships a day transit canal


News from Panama

“The maritime sector is calm and working in order, providing confidence and transmitting tranquility to our customers,” says the president of the Panama Maritime Chamber (CMP), Nicolás Vukelja. Vukelja, The maritime sector, including the Panama Canal, represents approximately a third of the country’s gross domestic product (GDP) and generates more than 100,000 direct and indirect […]

March 24, 2020

Coronavirus: Panama Tribal Gathering festival locked down


News from Panama

People attending a festival in Panama have been put on lockdown after the country declared a state of emergency over the coronavirus, organisers say. The Tribal Gathering festival said officials had taken the “extraordinary step” of ordering all guests at the site to remain there until 23 March. One attendee said some 300 people were […]

March 24, 2020

Panama’s Copa Airlines to suspend all flights for 30 days


News from Panama

Panama’s Copa Airlines on Friday said it will suspend all operations from March 22 until April 31, a measure the carrier had already warned was possible due to the coronavirus outbreak. On Thursday, Panama’s government suspended all international travel to the country. Copa operates virtually all of its flights through Panama City’s airport. Source: Reuters […]

March 24, 2020

How the coronavirus will impact Panama’s economy


News from Panama

As of March 17, 2020, Panama had more cases of coronavirus (COVID-19) than any other country in Central America, with eighty-six confirmed cases. Panama has implemented nationwide policies to combat the spread of the virus and signed a regional agreement to address the pandemic with members of the Central American Integration System (Sistema de la […]

March 24, 2020

Pandemic boosts Panama pineapple sales


News from Panama

As the world’s economy trembles from the weight of the coronavirus pandemic, Panama’s pineapple producers are seeing an increase  in sales as consumers seek  multivitamin foods rich in antioxidants, to gain  what they believe is a defense against diseases such as the coronavirus Panama produces and exports the MD2 Golden pineapple, a fruit that is […]

March 17, 2020