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Financials

Agreement to put digital government in place signed

The initiative carried out by the AIG within the “Panama en Línea” Program with the Inter-American Development Bank In order to promote transparency, access to information and simplification of procedures, an inter-institutional cooperation agreement was signed between the Mayor’s Office of Panama and the National Authority for Government Innovation (AIG). …

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Economy

National Hemocenter receives 4.5 million dollar allocation

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) …

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Legal

Prosecutor’s office orders investigation of 18 people

The Seventh Anticorruption Prosecutor’s Office yesterday issued orders to investigate 18 people, as part of the process that follows for the alleged commission of the crime of money laundering, linked to the alleged use of privileged information at the Financial Pacific (FP) stock house during the government past (see list). …

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Economy

Cable & Wireless denies they used SIPE dishonestly

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 …

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Infrastructure

Meduca demands solutions to infrastructure problems

The teachers will form a ‘tamborito’ to the educational institution, because they are tired of so many problems REQUIREMENTS The Ministry of Education (Meduca) does not leave one problem when it falls into another. Year after year, teachers’ unions have been very critical in demanding solutions to infrastructure problems, the lack …

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Economy

Superintendency of Banks warns of cryptocurrency risks

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 …

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Financials

CSS says there are almost 2000 complaints before the Public Ministry

The Social Security Fund (CSS) said in a statement that the Institution maintains 1,915 complaints before the Public Prosecutor’s Office The Social Security Fund (CSS) said in a statement that the institution maintains 1,915 complaints before the Public Ministry and 2,048 administrative cases. He explains that they have been sued, punished …

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Air Travel

Flights from Venezuela to Panama suspended

From 12:01 a.m. on Wednesday, Panama and Venezuela stopped having air-commercial relations when the 90-day suspension ordered by the Cabinet Council came into force. Last March, Panama included President  Nicolás Maduro and other top political leaders of Venezuela on a list of “high risk” personalities to commit money laundering. It …

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Economy

How the U.S. Federal Reserve affects Panama

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 …

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Entertainment

International Fair of Azuero gets more entries than expected

The fifty-sixth version of the International Fair of Azuero (FIA), which is held in La Villa de Los Santos until May 1, is exceeding all expectations regarding the entry of visitors. This was announced by Alberto Castillero Pinilla , president of the board, who said that from April 19 to …

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Legal

Anticorruption Special Prosecutor orders investigation to go through against Alvarez

The  Anticorruption Special Prosecutor  ordered the conduction for investigative purposes of  José Porta Álvarez , one of those investigated by the Odebrecht case  . Porta Álvarez was treasurer of the campaign of  José Domingo Arias , candidate for the presidency of  Cambio Democrático  in 2014. This is one of the …

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Politics

Varela proposes to eliminate payment of ITBMS to Panamanians buying in Colon

The President of the Republic, Juan Carlos Varela, proposed to eliminate the payment of the Tax on Transfer of Movable Property and Services (ITBMS) to Panamanians who buy in Colón Puerto Libre. The measure was announced during the Cabinet Council held in the province of Colon on Tuesday. The president indicated …

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Entertainment

Panama Al Brown film to be shown at Cannes Film Festival

One of the most prestigious events in the film world, the Festival de Cannes, will serve as a showcase for the production ‘Panama Al Brown: When the fist opens’, this was announced by the director and film producer, Carlos Aguilar a La Estrella of Panama, this Wednesday. The life of …

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Legal

Rule to repeal PSA has existed

The questioned ‘legislative shrimp’ promoted by the deputy Roberto Ayala, of the Democratic Revolutionary Party (PRD), and that repealed Law 2 of February 10, 2015, regarding the contract law with the company PSA Panama International Terminal, SA, in charge of the operation of a container terminal in Rodman, was not …

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Technology

Sony working on cooking robot to be used at home

The prototype of domestic use will be able to serve the food thanks to the use of artificial intelligence The Japanese technology company Sony works with the American University Carnegie Mellon in the development of a home-use robot capable of cooking and serving food thanks to the use of artificial …

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Economy

Phase 2 of the Panama Exporta program announced

  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. …

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Infrastructure

Suntracs strikers close Centennial road

Members of  the Single Union of Construction and Similar Workers (Suntracs) proceeded to close two of the four lanes of the Centenario road, in front of the City of Health, on the morning of this Tuesday, April 24. The workers, with banners and flags, began to march towards the city, …

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Canal

Pollution and the effects on health

As part of the ecosystem , human beings are compromised by the effects of environmental pollution that we cause. Children, the elderly, sick people and families with limited resources are the most affected by this problem, and it intensifies in urban areas with uncontrolled growth and overpopulation . According to …

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Local Culture

SOS Villages working hard to protect children

Guaranteeing the permanence of children in their homes, as well as strengthening the role of families and communities in the care of infants, are the main objectives of a new campaign in favor of children. This is an initiative promoted by the members of the SOS Children’s Villages , which …

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Local Culture

National Hemocenter gets approval, board appointed

The plenary session of the  National Assembly approved yesterday in the second debate the project of law 581 , that regulates the services of blood and blood transfusions. The proposal, presented in October last year by the head of the Ministry of Health (Minsa), Miguel Mayo, seeks to create a …

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Crime

AAUD makes surprise inspection in Casco Antiguo

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 …

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Politics

Carlos Rubio is new government minister

The President of the Republic, Juan Carlos Varela, announced the appointment of Deputy Minister Carlos Eduardo Rubio as the new Minister of Government, replacing Minister María Luisa Romero, as of May 2, 2018. The president thanked Romero for having accepted the challenge of being Vice Minister of Government and then …

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Legal

Public ministry hosts libel lawsuit against Navarro in Odebrecht case

Jaime Lasso Del Castillo, member of the Panameñista Party and who acknowledged having collected funds from the construction company Odebrecht for the group between 2010 and 2014, sued for slander and insult to the presidential candidate Juan Carlos Navarro, of the Democratic Revolutionary Party, for having affirmed in National Television …

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Legal

Deputy Ayala says the contract with PSA is a violation of the Constitution

The deputy of the Democratic Revolutionary Party (PRD) Roberto Ayala, harshly questioned for introducing a modification to the project 53 whose original objective was to adopt measures related to the process of opening companies and which ended up repealing Law 2 of February 10, 2015, was defended Yesterday through a …

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Politics

Keep an eye on the Varela administration awarding of contracts

by James “JB” Bryson I made a quick little post the other day about the “promise” going forward of more oversights in the awarding of lucrative government infrastructure and high paying engineering and civil projects to inside contacts within past administrations. Look, if one recalls back in the US during …

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Traffic

Panama will hold a minute of silence for world campaign against noise

The International Day of Awareness about Noise, held in Panama for the seventh consecutive year Panama will join next Wednesday the International Day of Awareness on Noise, which is held in dozens of countries with a minute of silence to raise awareness of the damage caused by excess decibels, organizers …

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Canal

New train to cost as much as the Panama Canal

The diplomatic relationship between Panama and China would be immortalized with an enormous work that would cross the country and whose cost would be equated with that of the expansion of the Canal . Panama is studying with China the construction of a train that would depart from the capital …

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Labor

CAPAC garners support from the business sector

The maximum representatives of the main business associations staged this Monday, April 23 their support to the Panamanian Chamber of Construction (Capac), in the development of the negotiation of the collective agreement that will govern the working conditions of the industry between 2018 and 2021.The presidents of the National Council …

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Sport

Mexican Liga de Ascenso has Panamanian presence in the finals

The final of the Liga de Ascenso of Mexican football will have a Panamanian touch with the presence of striker Jorlian Sánchez and midfielder Edgar Bárcenas, but only one of the two will be able to lift the cup, which will keep them in the race to ascend to the …

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Labor

Panama estimated to lose 30 million dollars during strikes per day

The Panamanian Association of Business Executives (APEDE), one of the most important business associations in the country, said today that Panama loses close to 30 million dollars for every day of construction workers’ strike, which began last Wednesday. in demand for a salary increase. “We are losing as a country …

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