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Panama: To be Gray or Not to be Gray?


Panama, Bahrain, the Cook Islands, Nauru and Vanuatu are the countries that have refused to join the OECD agreement for automatic exchange of tax information.

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Deficit budget approved for Panama

 The National Assembly has approved raising the maximum limit for government borrowing to 4.1% of GDP, above the 3.9% originally requested by the Executive.

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Time for a Canadian beer in Panama?

 

The Beer Market in Panama

Between January and August this year, 178.9 million liters wereproduced, up 7.9% compared to the same period in 2013, in a market where small breweries are gaining ground.

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Opportunities opening up in Panama

 A Cargo Distribution Center for Panama
The Development Bank of Latin America plans to invest jointly with the private sector and the government in building a distribution center for cargo coming out of ports.

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Tropigas attendant shot and killed in San Carlos

Ariel Alabarca was pronounced dead at the scene. He was only 24 years old 

Here is the full story in Spanish: www.critica.com.pa/notas/1783626-lo-mataron-su-primer-dia-trabajo- 

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Price controls not working in Panama

 Meager Results from Price Controls
The Ministry of Economy in Panama recognizes that the drop achieved in the cost of basic goods is not what was expected, and companies are insisting on its removal.

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Selling Panamanian fish to Canada

 

Opportunity for Seafood in Canada

Fish which undergoes long-term processing such as canned fish, seafood and prepared fish dishes represents 52% of the retail market for processed fish, followed by frozen and refrigerated fish.

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Private medicine increasing in Panama

 

Private Medicine in Central America

The increase in the use of medical policies and a greater culture of prevention explains the 15% increase in the demand for private hospitals in the region expected for this year.

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Value of new construction increases

 Panama: Value of Construction Up 15%
Between January and August this year, the value of new constructions in the country amounted to $651 million, which is 15.5% more than in the same period in 2013.

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