españolPanama Announces Waterworks TendersTuesday, October 7, 2014 The presidency of Panama has announced it will be preparing a tender to launch in the next few days for 145 kilometers of sewerage networks in the district of San Miguelito, in the province of Panama. From a statement issued by the Government of the Republic of Panama: Panama: More Tenders Announced for RestroomsFriday, October 10, 2014 The president has announced the construction of 1,000 sanitation units in the provinces of Los Santos, Veraguas and Cocle. From a statement issued by the Government of Panama: Promising Features of the China - Panama AllianceMonday, November 20, 2017 Flights between the Asian country and Tocumen, a feasibility study to build a train to the border with Costa Rica and cooperation in financial, energy and maritime matters, are some of the results on offer from the agreements signed between the Chinese and Panamanian governments. Since the breakdown of Panama's diplomatic relations with Taiwan and the new relationship with the Asian giant was announced in June of this year, the possibilities of creating and developing new business in Panama have multiplied, due to the implications that greater involvement in terms of investment by China would have for the country and the region. Panama: Preferential Housing InterestsTuesday, May 21, 2019 Until May 21, 2025, the plan to grant preferential interest rates for mortgage loans in the country was extended. On May 20, Law No. 85 was published in Gaceta Oficial, which was approved by the National Assembly in April of this year and sanctioned this week by President Juan Carlos Varela. Panama-David Train: A $4.1 Billion ProjectMonday, March 18, 2019 The rail transport system that would cover a 390 km distance and whose construction would last six years, contemplates in the future a possible expansion towards the border with Costa Rica. China Railway Design Corporation worked with several Panamanian companies that supported the economic, geotechnical, soil, capacity and demand analyses of the Panama-David train feasibility study. Proposal to Veto New Tax on Sweetened BeveragesFriday, February 22, 2019 Panama's business sector asked President Varela to partially veto Law 570, which establishes an 8% tax on imported and domestically produced sugared beverages. The rejection of the business sector comes days after the National Assembly approved, in third debate, the bill 570, which establishes an 8% tax for sugared beverages of national production and imported and 10% for syrups and concentrates. Barriers to Dairy ProductsFriday, November 16, 2018 In Panama, the agribusiness sector and the government agreed to review all legal details to assess an increase from 15% to 30% in the import tariff for mozzarella cheeses. This week, the country's dairy agribusiness sector met with President Juan Carlos Varela and representatives of the Ministries of Agricultural Development and Trade and Industries. Tender for Cathedral Restoration for $11 millionMonday, January 5, 2015 The government of Panama has announced that it will be putting out to tender the restoration and renovation of the Metropolitan Cathedral, in the old town. From a statement issued by the Government of Panama: President of Panama Vetoes Free ParkingMonday, March 23, 2015 Citing it as unconstitutional and inconvenient the Executive has objected two articles of a bill which aims to make it compulsory to provide three hours of free parking at shops. In a letter sent to the President of the National Assembly, President Juan Carlos Varela argues that the bill discourages the construction of more parking lots in shopping centers, in addition to those required by the regulations. "... The Executive decided that determining if the profits of the owners of rented parking spaces are excessive or not is a matter which requires more information than presently appears to be held: the investment and return on investment over a period of time. " Tender for Construction of SchoolsWednesday, October 8, 2014 The government has announced it will be putting out to tender the redesign and construction of two schools in San Miguelito, Panama Province. From a statement issued by the National Assistance Program (PAN): Panama: Construction TenderWednesday, October 8, 2014 The government has announced that in late october they will present the conditions for the tender for the construction of 5,000 homes in Los Lagos, in the province of Colon. From a statement issued by the National Assistance Program (PAN): Tender for Metro Line 2Wednesday, July 30, 2014 The government of Panama has announced that on September 15th they will announce the specifications of the tender for the supervision, design and construction of Metro Line 2. From a statement issued by the Presidency of Panama: Panama: Interest-Free Loans and Exemptions for AgricultureFriday, August 1, 2014 Up until December 2016 the state banks will provide loans at 0% interest to the agricultural sector and there will be a tax deduction on net taxable income of up to 30% of the investments made in the period. From a statement issued by the Presidency of Panama: Progress in Project for Fourth Bridge Over CanalWednesday, February 25, 2015 The government has announced that over the next six months it will start the tender process for the design and construction of the bridge connecting the northern corridor. From a statement issued by the Government of Panama: Panama: U Turn Over Gasoline TaxMonday, February 9, 2015 The Presidency has ordered the withdrawal of the draft law which proposed levying $0.05 per liter of petrol and using it to finance the payment of pensions and retirements. From a statement issued by the Government of Panama: |
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