In Latin America, the differences in competitiveness between countries are considerable Chile is the most competitive country in Latin America, according to the annual ranking of competitiveness report presented by the World Economic Forum (WEF) today and that gives Venezuela the worst rating in the region. While the first country is in the position 33, […]
The International Banking Center of Panama closed July with assets of $ 118 000 602 million, representing an increase of 2.7% compared to the previous year. Local loan portfolio increased 10%. The Superintendent of Banks of Panama, Ricardo Fernandez said that «the lending business maintained a positive pace and more importantly it continues robust […]
The initiative responds to the importance of promoting the strengths, advantages and strength of the Panamanian financial system, said the ABP. The Banking Association of Panama (ABP) will host the 1st International Financial Business and Investment Summit that will be held on 12 and 13 October in Panama City. This organization brings together more than […]
The Panamanian Government and Japan sealed an agreement Thursday for the exchange of tax information. During the visit of President Juan Carlos Varela to China last April, it was completed boost the signing of this bilateral agreement as a sign of commitment of Panama to transparency and international cooperation. The country, repeatedly questioned this year […]
Following the ruling, the Government of Colombia extended until November 1 this year tariff to protect against illegal trade. Bogotá, EFE Colombia abide by the ruling of the World Trade Organization (WTO) ordered to remove the tariffs applied to textiles and footwear from Panama but you can ask an arbitrator for the body to set […]
The judiciary reiterated on Thursday July 21, 2016 which is waiting for the 20 million dollars requested to complete the implementation of the accusatory penal system (SPA) throughout the country. And the 2 of next September will take effect on SPA in the First Judicial District, which includes the provinces of Panama, Colon, Darien, Panama […]
The debt that Venezuela maintains with businessmen from the Colon Free Zone (ZLC) in Panama rose from US $ 600 million to US $ 41 million and is not exactly a payment. According to the latest reports by the Panamanian government a sparkler commitments corresponding to the purchase of merchandise for which payment must be […]
Chile’s ambassador, Francisco Cruz Fuenzalida, met yesterday with officials and businessmen of Panama and Chile to analyze the commercial potential of Chile industrial sector and what the expanded Panama Canal offers then. He noted that both countries have a free trade agreement since 2008, very efficient, which places Panama as a priority partner of […]
China Taiwan investors yesterday showed interest in the energy sector considering that Panama is showing signs of being an attractive market for investment. The Agency for Investment Promotion and Export Panama (Proinvex) under the Ministry of Trade and Industry (Mici) office, received yesterday at the headquarters of the ministry to a delegation of investors from […]
Melting Pot, like the new decrees, spend the money raised to programs of the Presidency of the Republic. Decrees 167 and 168 issued on June 3, 2016 by the Executive for general regularization and migrants from China, respectively, have generated a debate about its resemblance to the Decree 547 of July 22, 2012, by whereby […]