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General Informations about Panama

Panamanians & Energy Savings

It is nice to see the City of Panama illuminated during the night with the electricity costs so high that is causing so many headaches to Panamanians when paying the monthly bill. It is clear that something needs to be done in order to save energy due to the high cost of the electrical service. Panamanians are generally not environmentally conscious......

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Higher Cost of Living in Panama

When the economic activity increases, we usually hope that the economic perception improves. In the same way, increases in the fuel, as well as the increase in the public services, that cause a direct effect in the Panamanian’s pocket, have negative effects in the perception of the economy.

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The minimum wage in Panama was recently increased

The minimum wage in Panama was recently increased to 8% more which represents 0.10 cents more per hour for all economical activities. The new rate is $285 per month, up from $263 per month

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