Economy

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 …

Financials

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 …

Economy

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, …

Economy

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. …

Economy

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 …

Economy

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 …

Economy

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 …

Economy

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 …

Economy
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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 …

Economy
1

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 …

Economy

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 …

Financials

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 …