Panama Layoffs at Cervcería Nacional are due to Falling Sales and Increased Taxes
Amid a sharp drop in sales and increased taxes on the sector, Cervecería Nacional announced a resizing of its operations in Panama, which includes the dismissal of...
BUSINESS
Another Panama Victory Involving Arbitration Against Sacyr For $2.3 Billion
The Republic of Panama achieved a major legal victory after winning the investment arbitration brought by Sacyr SA, under the UNCITRAL Arbitration Rules. In 2018, Sacyr SA, part of the Unidos...
Trump Congratulates Panama and Pledges to Work with Mulino to ‘Further Safeguard the Canal’s Security’
Panama City, Panama: The President of the Republic, José Raúl Mulino, responded this Thursday to the congratulatory message sent by the President of...
The National Police Reinforces It’s Vehicle Fleet With the Delivery of 27 New Police Vehicles
The National Police, through the National Directorate of Transportation and Maintenance, delivered 27 new police vehicles intended to strengthen operational...
Panama DGI Distributes $110,000 in Prizes in the Second Draw of the Fiscal Lottery
The General Directorate of Revenue (DGI) of the Ministry of Economy and Finance (MEF) held the second Fiscal Lottery draw this Thursday, October 30 , distributing $110,000 in prizes among...
The Panama Innovation Hub Partners with Drake University for New Degree Programs
More than one year after expressing its wish to make the Republic of Panama a “global outpost” of Bulldog education...
The Panama Colón Container Port Project has Failed to Get Off the Ground
Panama is Taking Back Land from the Failed Chinese Port granted in 2013. Panama’s Ministry of the Presidency ordered the extraordinary...
Panama President Mulino Strengthens Control Regarding Copper and Calms the Waters with Minera Panamá
President José Raúl Mulino considered Cobre Panamá's recent statements regarding its willingness to engage in dialogue and the possibility of the State assuming...
“Corruption is Fought Head-On, Not With More Laws” says Panama President Mulino
The President of the Republic, José Raúl Mulino, reacted this Thursday to the rejection in the National Assembly of the anti-corruption bills presented by the Attorney General...
A Port Plan that ‘May Ease US-China Rivalry’: Panama Seeks Partners
The Panama Canal Authority has met key industry players ahead of tendering a US$2.6 billion project to build two new...
To Strengthen Road Safety DNOT Put 50 New Motorcycles Into Operation
The National Directorate of Traffic Operations (DNOT), through the management of the Central Government and the Ministry of Security, has...
BAC Announces Intention to Acquire a Majority Stake and then Merge with Multibank
Panama City: Through a significant event announcement published on its website, BAC Holding International Corp. (“BHI”) has informed the market that its Board...
