By the second quarter of 2020, 9% of companies in the country expect to increase their payrolls, which is less than the 10% recorded in the same period in 2018. Panamanian employers report moderate hiring plans for the second quarter of 2020, with 9% of employers expecting an increase in their workforce, 10% anticipating a […]

Panamanian businessmen consider unviable the bill that intends to force insurance companies to cover medical expenses related to the coronavirus. The bill, which was presented by Representative Zulay Rodriguez, seeks to ensure that insurance company clients are attended to in case they are infected with covid-19, however, policies do not usually provide coverage when the […]

Panamanian authorities announced that as of September 2020, it will begin to exchange financial information automatically with the South American country. Negotiations between the two countries began in 2019 and at the technical meetings they agreed on the mechanisms that will be used to automatically double-track the information. You may be interested in “France’s Grey […]

The Panamanian Sports Institute tenders the study, design, plan approval, partial demolition, remodeling and construction of the Teófilo Panama Al Brown Arena. Panama Government Purchase 2020-1-35-0-03-LV-007894: “The project includes the study, design, approval of plans and construction of the new Teofilo ‘Panama’ Al Brown Multifunctional Arena, which will consist of a concrete structure with a […]

From January to September 2019, companies in the region bought vaccines for human use abroad for $154 million, 56% more than what was reported for the same period in 2018, a rise that is mainly explained by the behavior of imports in Panama. Panamanian Companies, Main Buyers From January to September 2019, the main importer […]

President Laurentino Cortizo has declared a national emergency for COVID-19 in Panama, and informed on a national TV network the use of telework and called on the population to stay calm.   In his Thursday speech, he referred to a series of measures to avoid speculation, hoarding and the rise in the price of basic […]

A ten-story tower will be built on a 1,742-square-meter lot in the town of San Francisco, Panama Province, to house apartments, offices and commercial space. According to the interactive platform “Construction in Central America” of the Trade Intelligence Unit of CentralAmericaData, Silver and Gold Development, INC, submitted to the Ministry of Environment the Environmental Impact […]

In a few days the company DiDi will start operating in the country, an application dedicated to the transport of people and which is already recruiting driving partners. This is the second market in Central America where the application will compete, since in November 2019 began offering its services in Costa Rica, specifically in San Jose, […]

This from CLD Legal: There are different options for those who are seeking to become Panamanian residents or those who are evaluating Panama as a possible permanent residence. On this occasion, we will focus on three different groups and will leave others for future articles. Let’s say you’re considering Panama because a) you want to […]

Well, Panama is not immune to the virus that has spread around the world.  The good news is that the government has been proactive in dealing with it.  Effective at 11:59 p.m. on Sunday, March 22, Panama will suspend all commercial flights into and out of Panama.   So if you have travel plans to visit […]