On July 20, Panama received 363,870 doses of the COVID-19 vaccine from the pharmaceutical Pfizer in alliance with Biotech. On the other hand, the Government of the United States of America will donate Panama 500,000 doses of the COVID-19 vaccine also from the pharmaceutical Pfizer. The vaccines will be arriving on July 21, 2021. With […]
Law No. 159 of August 31, 2020, creates a new special regime for the establishment and operation of multinational companies who provide manufacturing services. The main objective of the law is to attract and promote investment in production process, employment, transfer of technology, making the Republic of Panama more competitive in todays’ global economy. Additionally, […]
On February 10th, 2021, Fitch Ratings issued a new report regarding Panamanian Banks. Some banks obtained a lower risk rating and other maintain the same rating. The Panama National Bank obtained a lower risk rating from BBB to BBB-, however, the agency stated that the banks’ capital is stable and although its profitability has been […]
