Legal certainty, delays in the approval procedures and government debts are some of the concerns employers passed on to the Varela administration.
From a statement issued by the Chamber of Commerce, Industry and Agriculture (CCIAP):
Issues related to national and corporate events, which include economic growth and legal certainty, were some of the points raised during the meeting between entrepreneurs of the Board of the Chamber of Commerce, Industries and Agriculture of Panama headed by its President José Luis Ford, and the president of the Republic of Panama, Juan Carlos Varela Rodríguez.
In Panama, business groups intended to facilitate the creation of companies that produce and distribute healthy products.
According to an article published by Capital.com.pa, a total of eight companies in the agricultural and food industry presented a series of proposals to the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP) to confront the spread of disease related to the consumption of junk food and food with little nutritional value.
Panamanian businessmen have declared 2013 as the "year to save the agro ingustry", rescuing it from the virtual coma into which it has fallen.
Panamaamerica.com.pa reported that "The Panamanian Agriculture industry, a sector that contributes less than 3% to the gross domestic product, and whose budget for next year represents less than 1% of total assigned and with falling subsidies, is now “in the funeral chapel” asserted about 15 business and industry associations yesterday. "
Several wholesale Panamanian electricity market players have sounded the alarm over distortions in the balance between supply and demand as a result of the changes proposed by ASEP.
The public consultation to which the National Authority of Public Services (ASEP in Spanish) submitted its proposes for rule changes for the calculation of prices in the wholesale electricity market, resulted in opposing views from power generators and the Chamber of Commerce, Industries and Agriculture of Panama.
There are too many entities in the field of integration and they do not seem to be working with the speed they should.
The President of FECAMCO (Federation of Chambers of Commerce of Central America), Mario Gonzalez, believes that together with the customs union, key to boosting development in the region, there are other factors to consider, such as legal certainty, investment in technical education and physical security of persons and property. "...to an investor it is not not attractive to come and invest in a single country, but coming to invest in a region with 40 million inhabitants is extremely attractive."
The president of the Chamber of Commerce and Industry of Panama has called for an increase in the minimum wages and for productivity to be included in the formula that determines it.
Regarding discussions on the minimum wage, no conclusion has been agreed between the parties -workers and employers, and if this situation continues until the end of the year, it could mean that the final figure is established by Executive decree.
"It is unacceptable and irresponsible to blame the private sector for corruption cases that occur within the government."
The latest edition of the Global Competitiveness Ranking by the World Economic Forum ranked Panama within the top 50, a higher position than in recent years, which is further marred by bad ratings received in the perceived corruption concepts and poor quality of education.
The Bogota International Center for Business and Exhibitions-Corferias is a private organization for the promotion of industrial, social, cultural and commercial development in the Andean region, Central America and the Caribbean.
Operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador, Costa Rica, Colombia and Central America
Phone: (571) 3810000 ext 5328
Key representative/s from the Guatemalan Exporters’ Association last 13-15 October attended the 8th TPO Network World Conference to exchange ideas and best practice around stimulating export-led economic growth and meeting the urgent challenges in the sector.
Panamá Pacífico with thousands of interested visitors to its stand in Expocomer 2010, not only offered the Key Note speech of thursday, but launched the residential phase of this great development on the banks of the Panama Canal
The reknowned event "Costa Rica Technology Insight" will hold its sixth edition on June 3 and 4 at the San José Palacio Hotel, in San Jose, Costa Rica, during the "Costa Rica Services Summit 2009", organized by the Foreign Trade Corporation of Costa Rica (PROCOMER) in cooperation with the Chamber of Information and Communication Technologies of Costa Rica (CAMTIC).