Criminalizing tax fraud law approved
In a last gasp move to avoid Panama’s return to the OECD gray list of tax havens The plenary...
BUSINESS
Panama tourism down 2%
PANAMA received 141,000 fewer tourist in 1918 than the previous year part of a two percent regional decrease according...
Business Roundtable to promote Panama exports
Panama’s Chamber of Commerce. Industries and Agriculture of (CCIAP), in strategic alliance with the Ministry of Commerce and Industries (MICI)...
Panama exports climb 3.6 percent
Panamanian exports came to $583.9 million in the first 10 months of 2018 an increase of 3.6% compared to...
Repatching Bridge of Americas patch up
The company that spent many months on the "Rehabilitation of the Superstructure and Substructure of the Bridge of the Americas...
Colon Free Zone activity up 9.5% but small shops struggle
Commercial activity in the Colon Free Zone (ZLC), including imports and re-exports in the first 11 months of the year...
Moodys confirms Canals high rating
Moody’s rating agency on Friday, December 14 confirmed The Panama Canal Authority (ACP) A2 rating based on its business model,...
Next government will inherit $4. 442 billion turnkey projects
Whoever takes over the reins of Panama's government in July 2019 will have to face turnkey contracts awarded by the...
Canal expansion consortium must repay $847 million
Grupo Unidos por el Canal (GUPC), the consortium that built the expansion locks of the Panama Canal must return $548...
Bank expansion deal formalized
Global Bank reported on Monday, December 10 today that it has formalized the $245 million acquisition of 99.97 percent of...
Finance company with tourism slant
CUV Ventures Corp.the Canadian listed company has announced that it has begun operations of the wholly owned subsidiary RevoluFIN...
Panama Shipyard Fires 40 Workers
The immediate firing of 40 employees by the Mec Shipyards consortium , which operates the Balboa shipyard, on November 6,...
