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Economy

  • 2018/02/04 18:24:31

    Business people urge end to bureaucracy

    CCIAP

    Oscar Sulbarán

    The CCIAP urged the Executive to speed up the formalities that must be handled by the private company before the Public Administration. In a statement, the president of the CCIAP, Inocencio Galindo de Obarrio, said that the delay and bureaucracy in government entities is repeated every five years prior to the General Elections

  • 2018/02/02 12:05:31

    Fuel increase begins February 2

    Aumento de combustible

    Oscar Sulbarán

    In the provinces of Panama and Colón, 95 and 91 octane gasoline will have a price increase of two cents while diesel will increase one cent

  • 2018/01/18 19:04:06

    Fuel price will increase

    Fuel

    Editor

    Due to the recent cold wave that is hitting the United States, from this Friday, January 19 and until February 2, both gasoline and diesel will increase in cost, the National Secretariat of Energy (SNE) said in a statement

  • 2018/01/16 22:20:55

    Government intends to reactivate banana industry

    The Minister of the Presidency, Álvaro Alemán and the Vice President of Operations for Latin America of the Del Monte Company, Jorge Pelaes

    Editor

    The Minister of the Presidency, Álvaro Alemán and the Vice President of Operations for Latin America of the Del Monte Company, Jorge Pelaes, signed the subleasing contract of more than 1,300 farms to reactivate the banana plantation in Barú, province of Chiriquí

2018/01/15 22:55:39
2018/01/06 13:24:03
  • The Aquaculture Panama Company dedicated to genetic improvement, advice and production of fish, was the first in the province of Coclé that performs actions for the mass rearing of that fish
  • Panama will promote mass production of tilapia fish to meet national demand

    EFE

    With the advice of MIDA, the Water Resources Authority of Panama and a company specializing in the cultivation of tilapia fingerlings will promote a project in all the provinces of the country to offer it to lagging or subsistence producers, and improve their product to market it, detailed a press release

2018/01/05 22:22:47
  • Supermarket
  • Food price control is extended for six months

    Oscar Sulbarán

    The executive announced by a press release that the price control measure of the staple food basket will be extended for six months as of January 7, 2018. Since 2014, the National Government implemented this action

2018/01/01 13:01:07
2017/12/31 16:21:11
  • The relationship between both revenues is established at $25,712, in comparison to the Chile’s $ 25,710. The initial gap of just $ 2 would increase to $ 1,681 by 2021, according to figures from the international organization
  • Panama: the economic powerhouse by 2018

    Álvaro Pulido

    The relationship between both revenues is established at $25,712, in comparison to the Chile’s $ 25,710. The initial gap of just $ 2 would increase to $ 1,681 by 2021, according to figures from the international organization

2017/12/30 10:58:41
  • The National Energy Secretariat (SNE) announced that since Thursday, the resolutions of the Ministry of Commerce and Industries (MICI) with the regulations on Inverter, Split, window and central type air conditioners appear in the Official Gazette
  • Energy efficiency standards is published to protect consumers

    Álvaro Pulido

    The National Energy Secretariat (SNE) announced that since Thursday, the resolutions of the Ministry of Commerce and Industries (MICI) with the regulations on Inverter, Split, window and central type air conditioners appear in the Official Gazette

2017/12/27 01:17:06
2017/12/21 22:39:23
  • Luis Ernesto Carles
  • Minimum wage will be made known on December 26

    Oscar Sulbarán

    After Christmas the Government through the Ministry of Labor and Labor Development (Mitradel) will present the recommendations for the new minimum wage that would come into force as of January 2018

2017/12/19 16:24:05
  • The Inter-American Development Bank (IDB) reported on Tuesday the granting of a 107 million-dollar loan to support a program for the preservation and management of Panama’s cultural and natural heritage
  • IDB grants loan for Panama’s cultural and natural heritage

    EFE

    According to the note, the initiative "will increase the population's access to cultural assets, through the rehabilitation of three cultural heritage sites, the Reina Torres de Araúz Archaeological and Anthropological Museum, and the fortifications of San Lorenzo and Portobelo"

2017/12/15 13:00:53