Category: Economy
Panama economy news: growth, prices, jobs, public finances, trade and the business decisions affecting residents, investors and expats in Panama.
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…