Panama had an increase in revenues of 3% during the month of May 2013, earning a total of $440 million, in contrast with the same period of last year, according to official sources. (more)

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The sectors which make up the Minimum Wage Commission are expected to put forth a proposal in September. (more)

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The president of the Chamber of Commerce, Industries and Agriculture, José Luis Ford, said not only within the Minimum Wage Commission which is in the organization is the subject of increasing but the issue of productivity. (more)

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The University of Panama (UP) is still waiting for the payment of 10% following the purchase of land made by Tocumen, SA, said the rector, Gustavo García de Paredes. (more)

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The Government spent $251 million during the year 2012 in subsidy programs, which represents an increase of $83.3 million or 7.2% in contrast to the $167.4 million spent in 2011. (more)

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The Budget Commission approved extraordinary credits and transfer of budgets for 9 institutions. (more)

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An additional credit of $ 3.2 million were approved by the National Economic Council (CENA), to the Ministry of Government, for wage equalization, the Firefighter Corps in the Republic of Panama and the issuance of electronic passports, said the Minister of Economy and Finance, Frank De Lima. (more)

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The loans granted by the Panamanian banking system increased in the first quarter of the year by 34.1% over the same period in 2012, reported the Superintendence of Banks of Panama on Wednesday. (more)

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The Minister of Economy and Finance, Frank De Lima, said that according to projections they have made, the next government will have the financial ability to run public investments for more than 19 billion dollars. (more)

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The results of the first quarter of the Panamanian Banking System suggest these entities had earned $263 million until March of this year, but this figure is $56 million less than in 2012, when the utility was $319 million. (more)

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