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 …
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 …
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. …
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 …
Veterinarians strike after Bill 574 is vetoed
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 …
The Savings Bank reaches record profit
The Savings Bank reached a record number in its profit of last year, reaching $ 41 million dollars. The figure represents the highest of its history and is derived from the business of financial intermediation, without extraordinary income. Likewise, the bank reported that it was able to increase its operational …
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, …
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. …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
Property Tax moratorium rejected
The Ministry of Economy and Finance (MEF) rejects the amendments proposed by the National Assembly of Deputies to extend the moratorium decreed to property tax contained in law 66 of 2017 to other taxes that bear no relation to this tax. In this way, we intend to extend the moratorium …