The Government’s decision to re-implement total restrictions would be chaotic: Weekly News Roundup, November 14th, 2020

Nov 14, 2020 | Panama News

Welcome to the Panama Weekly News Roundup! Here’s the latest.

The Government’s decision to re-implement total restrictions would be chaotic for the economy

Economist Rolando Gordón has estimated the impact to be ‘terribly negative’ if the country were to return to restrictions in case of an increase in cases of COVID-19 or if some of the indicators indicated by the Ministry of Health (Minsa) are not met.

Rolando Gordón said that any decision needs to be taken with great rigor and always based on a balance, both for the health and economic sectors.

Little by little and after the openings, several businesses dedicated to different activities have opened their doors and returning to very strict measures can be chaotic, so that the economic flow that the country needs occurs and so that each sector recovers, said the economist.

In his opinion and in the midst of how the cases progress, it would be positive to look for mechanisms such as the measure that the Minsa adopted in Veraguas, since there was a restriction by geographical area, due to the increase in cases of COVID-19.

Source: Pana Times

Panama Canal amends prequalification document for optimized water management system.

The Panama Canal has amended the prequalification document for a tender for the engineering, design and construction of an optimised water management system.

The decision to amend the document was made after the Canal received more than 250 potential bidder inquiries following the opening of the prequalification period on September 7, 2020.

This tender is the first component of a programme that, as a whole, will maintain the objective of managing water resources in an integrated manner to provide an adequate water supply for both Canal operations and local consumption for the next 50 years.

Source: Container-Mag

Experience the wonders of Panama on this virtual tour.

From jungles to beaches, skyscrapers to colonial villages, the Atlantic to the Pacific, Panama never ceases to impress. Find out why this nation of just over four million people has become one of Central America’s hottest destinations on this virtual tour.

Nowhere is the juxtaposition between old and new in more evident than in Casco Viejo, Panama City’s UNESCO World Heritage-listed historic district. From its brick streets, you can see the glistening skyscrapers of the Punta Paitilla waterfront.

Source: USA Today: 10 Best


Explore Panama’s Caribbean Coast!

It’s time to explore Panama, but as a traveler, you feel like you want to do something different. How about exploring Panama’s Caribbean coast? Panama’s Caribbean coast has a unique history. It’s the first coast the Spanish settled upon, a place rich in resources and pristine beaches, and hosts the northern mouth of the Panama Canal.

For starters, the Caribbean. Much like every other country that shares a coastline on this sea, Panama’s portion has well over 1,000 miles of pristine turquoise-blue beaches that hug its shores. From the San Blas islands to Isla Grande, Isla Escudo de Veraguas to Bocas del Toro, it would take weeks to see and enjoy all of the fabulous beaches there. This makes tourism the biggest draw to the majority of the coast, however, it’s not quite the same tourism that the Pacific coast relies on. The “Caribbean side” of Panama, as it’s commonly referred to, draws more of an adventure tourism crowd, as well as ecotourism. And there are a few solid reasons for this.

Source: POLS Blog

POLS Attorneys Staff Writer

POLS Attorneys Staff Writer

As one of the leading Panama Law Firms, and one of the regions most reliable offshore service providers, POLS Attorneys brings a wide range of professional knowledge to our clients needs. Our staff is made up of professional offshore consultants, Panama attorneys and immigration specialists who are experienced in offshore business, understand international investment and asset protection strategies, and are experts in providing a seamless Panama immigration process.

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