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 about 30 million dollars a…
Capac and Suntracs have not yet reached a point of equilibrium in wage negotiations as part of the new collective agreement that should govern for the next four years. La Capac claims that it will remain on the table, despite the differences between what the workers aspire (an increase of 12.5% per year) and what…
Méndez, announced that by tomorrow, the workers will be mobilized “in different roads” The National Union of Workers of Construction and Similar (Suntracs) on strike since last Wednesday in protest to a 60 percent wage increase, today carry out demonstrations and partial closures in the Centennial, Tocumen, Colón and other points of the capital. The…
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 Monday. Meanwhile, the Ministry of…
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…
Building and acquiring a residence in Panama is expensive in relation to the salary that most of the population receives. The price of materials, the square meter, the payment of taxes, permits and bank financing rates, as well as the payment of benefits to workers in that sector are part of the employer’s obligations, but how…
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…
The comptroller of the Republic, Federico Humbert , said on Thursday, April 19 that he sent a letter to the director of the Social Security Fund (CSS) , Alfredo Martiz , to deliver “as soon as possible” the internal audits that revealed the possible evasion of $ 300 million in employers’ contributions by employers.In this…
95% of the construction projects remain paralyzed and the Panamanian Chamber of Construction (Capac) requested the vote count to determine if the workers want the strike or not, informed Saúl Mendez, Secretary General of the Union of Workers of the Construction and Similar (Suntracs) According to Méndez, yes, the strike will be overwhelming. This afternoon, the…
Members of the Single Union of Workers in Construction and Similar ( Suntracs ) marched, the morning of this Tuesday, April 17, 2018 by different points of the capital and the interior of the country, in demand of “fair wages”. + info Suntracs protests on demand for salary improvements Capac calls ‘unreasonable’ salary request from…
