The balance of the public debt rose to $ 23 thousand 673 million in the first quarter of 2018, reported the Public Financing Directorate . The figure represents an increase of one thousand 710 million dollars compared to the balance one year earlier. In March 2018, the Government received disbursements …

The Single Trade Union of Construction and Similar Workers ( Suntracs ) continued this Friday, May 4 with the granting of the strike subsidy to the workers who started this measure since April 18. + info $ 9 million, disbursement that Suntracs must assume in two weeks of strike Varela …

Members of the Commission for Public Infrastructure and Canal Affairs of the National Assembly urged the directors of the Panama Canal Authority (ACP) and captains and mariners of tugboats to seek an understanding of the conflict between both parties. The transit through the neopanamax locks was interrupted on April 12 …

Carriers leaders yesterday expressed their rejection of the Government’s decision to allow an extension for six months (until October 31, 2018) so that operators of technology platforms such as Uber can cash in for the service provided. Carriers object to the modifications made by the Ministry of Government to Executive …

When it comes to finding a job , young people have the most difficult task. Be men or women, live in Panama, London or the United States. In the Panamanian case, it is estimated that each year about 70,000 young people intend to enter the labor market, according to official …

Next May 15, rice producers nationwide will have five and a half months of not receiving the payment of $ 7.50 per quintal that is part of the National Agreement for Agro, which dates from 2014 and will add $ 10 million to that date. Given this fact, the members …

The country needs to generate 30 thousand jobs a year to maintain a healthy unemployment rate INTERVIEW The vice-minister of Economy, Gustavo Valderrama, focuses the fall of unemployment and retail consumption in the lack of specialized labor and a projection of the business sector based on the growth of the …

The Gorgas Memorial Institute for Health Studies (Icges)  is a center for research and prevention of diseases inaugurated in August 1928, which over the years has become the reference laboratory of Central America. At present, the institution has established challenges, ranging from the construction of a new Gorgas Campus, the …

Consumers affected by different reasons in the commercialization of goods and services presented 894 complaints for a total amount of $ 14,940,163.00, to the Consumer Protection and Defense of Competition Authority (Acodeco) during the first quarter of this year. The administrator, Oscar García, said that the attention of the complaints …

With the work of emptying concrete in walls and slabs of apartments A10, A9, A8, A7 and A6 of building # 1, the Nueva Vida building project, built by the Ministry of Housing and Territorial Planning (Miviot) in the corregimiento of Curundú. Carlos Franco, national deputy director of Engineering and …

The producer Arcadio Pitty explained that the process for the confection of the candy consists first in cutting the cane of sugar Dolega With the objective of promoting the activity of panela or raspadura, the farmers of Palma Real and Rovira de Dolega, in Chiriquí, manage with MIDA that their …

The authorities of the  Social Security Fund (CSS) reported this week that it was not until April 2018 when they could “close valves” and establish controls, to prevent more employers from committing unlawful payments of the employer’s contribution through the System of Income and Economic Benefits (SIPE) . The director …

Carlos Troetsch, president of the Panama Banking Association, said that from 20 to 30% of the banking budget is destined to comply with regulations. In the framework of the Annual Conference of Business Executives, the banker described as “extraordinary” the number of requests for information and compliance from different entities, …

CADE has remained as the showcase of knowledge par excellence and within the framework of the 60 years of APEDE The Annual Conference of Executives CADE 2018 develops its version # 51 with the theme: Competitive Panama for a global economy Are we ready ?, Bets on the competitiveness of …

After the approval in the third debate, this week, of the bills of law No. 581 and No. 539, the first to regulate the services of blood transfusions and blood banks, and the second in order to create the Board of a National Hemocenter , the Ministry of Health (Minsa) …

Cable & Wireless Panama , responsible for the support and maintenance of  the Income and Economic Benefits System (SIPE) of the Social Security Fund (CSS) , assured that it has no interference in “the dishonest practices of the users of that platform”. The company made the previous clarification after the …

The activity of exchange, investment, purchase and sale in general bitcoin, does not have a specific regulation The Superintendency of Banks of Panama (SBP) warned today about the precaution and adequate advice that must be taken for the use of cryptocurrencies such as bitcoin, as well as others of the …

The Federal Reserve (FED) is the central bank of the United States that, through its monetary policy, regulates and takes actions to influence the availability and cost of money, in the behavior of credit to help promote economic objectives . Any change in the economic situation of the United States …

  The objective of the program is to promote the export culture in the country based on the high quality of the products The Ministers of Commerce and Industry, Augusto Arosemena, and of Agricultural Development, Eduardo Enrique Carles, announced the start of the second stage of the Panama Export Program. …

The Urban and Domiciliary Cleaning Authority (AAUD) carried out a surprise operation for more than 500 shops in the Casco Antiguo. In some businesses, irregularities were detected, such as evasion of the cleaning fee, delinquency and residential collection status; what violates the rule and evades the payment corresponding to the activity …

The veterinarians of the country began on Monday, April 23 a stoppage of arms after the Executive vetoed the bill 574 that considered the salary increase for these professionals. José Torres, president of the Panamanian Association of Veterinary Doctors , informed La Prensa that the measure began at dawn this …

Eliécer has dedicated 20 years of his life to selling vegetables and fruits INTERVIEW Eliécer Girón, 54 years old and more than 20 selling vegetables and fruits in Perejil, speaks without seeds in the language about the reality in which Panama lives. What is your assessment of safety? For Perejil, …

Plastic surgeries in men are increasing in the country PROCESS Men do not want to leave women and have undergone plastic surgery to look almost perfect. This practice has increased in the last ten years in the country, because men have decided to pay more attention to their physical appearance. …

Competitiveness and inclusion is the formula to which the next Annual Conference of Executives (CADE) seeks to shed luster, which will put on display international exhibitors who will diagnose whether Panama is taking advantage of globalization. CADE 2018, started in 1966, is version number 51 of a debate organized by …

They confirmed that 19 international judges from the United States, Hong Kong, Taiwan, South Korea and European countries will be in the international tasting Event. The producers of special coffee are already in the final stages of preparation of their lots to face the Geisha, Pacamaras and traditional varieties, in the …

The segment of light SUVs or SUVs recorded the sale of 2,656 units, 8.8% less than the 2,913 of the previous period The sale of new cars in Panama in the first two months of 2018 fell by 10.5% to add 7,843 units compared to 8,768 in the same period …

The Panamanian Chamber of Construction (Capac) and the Single Union of Construction and Similar Workers (Suntracs) are still unable to agree on the salary increase. With the day of this Friday, April 20, three days of negotiations are held in the middle of a strike decreed by Suntracs, which has …

by James “JB” Bryson This story that appeared today and I have further linked online may seem like an afterthought or something to just fill the political quota of the news day, but in terms of the possible impact it can have on future business with Americans and avoiding the …

The Public Prosecutor’s Office (MP) is  investigating 14 companies linked to a presumed embezzlement for about $ 300 million in employer-employee contributions to the detriment of the Social Security Fund (CSS) . The Public Prosecutor of the Anticorruption Prosecutor’s Office, Marina García Collado , revealed that she asked the Public …

The segment of light SUVs or SUVs recorded the sale of 2,656 units, 8.8% less than the 2,913 of the previous period The sale of new cars in Panama in the first two months of 2018 fell by 10.5% to add 7,843 units compared to 8,768 in the same period …