Panama Canal restriction eliminates draft of vessels

The Panama Canal Authority (ACP) reported on Friday, August 28, 2015, that-until further notice suspended restrictions on the draft of vessels that were to be implemented from September 8 because of the effects of drought. ACP depth analyzes possible restriction on ships The company explained that although the level of Gatun Lake is still below Read more about Panama Canal restriction eliminates draft of vessels[…]

Panama seeks to be a destination for investments

Panama requires local and foreign investment to help shore up the economy with higher long-term sustainability, said the president of the Union of Industrialists of Panama (SIP), Ricardo Sotelo. Sotelo recommends a type of investment that remains in the country and cut capital flight. It indicates that the country should promote a comprehensive strategy that Read more about Panama seeks to be a destination for investments[…]

Free Zone in Panama potentialities

Potentials of the FTZs in the technology sector, “was the keynote of the Deputy Minister of Foreign Trade, Nestor Gonzalez, during a meeting organized by the Panamanian Chamber of Information Technology, Innovation and Technology (CAPATEC). According to Deputy Minister González, Law 32 of April 5, 2011 on Free Zones, the legal framework is that many Read more about Free Zone in Panama potentialities[…]