Category: Economy
Panama economy news: growth, prices, jobs, public finances, trade and the business decisions affecting residents, investors and expats in Panama.
Panamanians share their opinions on how the government treats the poor
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, the police do not give…
Plastic surgeries for men are up in Panama
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. This was corroborated by the…
Panama seeks to change distribution of wealth
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 the Panamanian Association of Business…
International coffee tasting to be held in Boquete
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 XXII International Tasting of Best…
New car sales in Panama fall to begin 2018
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 of 2017, according to data…
Capac and Suntracs still at an impasse on salary increases
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 paralyzed 266 projects throughout the…
Repeal of RODMAN Law a step in right direction
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 pay to play actions of…
14 companies investigated for embezzlement
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 Registry for the certifications of…
New Car sales fall in Panama
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 of 2017, according to data…