Friday, January 24, 2025.
To Our Outgoing US Administration
To be clear, I was not much of a supporter of the now previous administration, the Biden Administration. However, I believe it’s important to give credit where it’s due. Serving as President of the United States for the past four years is no small task, and while I may disagree with much of what this administration prioritized, there are positive accomplishments worth acknowledging. As the world turns its attention to President Trump’s remarks about Panama and other international issues, I’d like to take a moment to reflect on some of the achievements during the Biden Administration that stood out to me.
Admittedly, some of their self-proclaimed “accomplishments” made me cringe, but the following highlights are examples of initiatives I found genuinely commendable
Advancements in Space Exploration: The administration supported NASA’s Artemis program, which aims to return humans to the Moon and lay the groundwork for future exploration of Mars.
Inflation Reduction Act (IRA): Signed in August 2022, the IRA sought to lower prescription drug costs, expand renewable energy initiatives, and reduce the federal deficit. It also marked the largest investment in combating climate change in U.S. history.
Prescription Drug Pricing Reform: A key feature of the IRA allowed Medicare to negotiate prices for certain medications, capping out-of-pocket costs for seniors—a long-overdue change in the healthcare system.
Chips and Science Act: Passed in 2022, this legislation bolstered domestic semiconductor manufacturing, helping to reduce reliance on foreign suppliers and support technological innovation.
Infrastructure Investment and Jobs Act (IIJA): Enacted in November 2021, this bipartisan $1.2 trillion infrastructure law focused on improving roads, bridges, public transit, clean energy, and expanding broadband access to underserved areas.
For the LGBTQ+ community, there was a sincere effort to expand protections and implement non-discrimination policies. While some initiatives may have sparked polarized reactions, I believe the administration’s intention to help these communities was genuine, and that effort deserves recognition.
While I remain critical of many aspects of the Biden Administration, it is worth noting the positive strides that were made. Recognizing these accomplishments is a reminder that progress, however imperfect, is often the result of good intentions paired with meaningful action.
Finally, I want to express my gratitude to the public servants who dedicated their efforts to serving our nation over the past four years. Your work often goes unnoticed, but it plays a vital role in maintaining our government and society. I also extend a heartfelt thank you to our military personnel, who continue to selflessly serve and protect our country every day. Your commitment and sacrifice ensure the freedoms we hold dear.
TOP NEWS and TIDBITS:
Fuel Prices Will Increase This Friday
The Panama Energy Secretariat announced the new fuel prices starting this Friday, January 24, at 5:59 a.m.
According to the Secretariat’s report, the price of 95-octane gasoline will increase by $0.02 per liter, reaching $0.93. Meanwhile, 91-octane gasoline will rise by $0.02, reaching $0.89 per liter.
Additionally, low-sulfur diesel will see an increase of $0.05 per liter, bringing its price to $0.88.
Two Panamanians Rescued After 8 Days as Castaways in the Pacific Ocean
Two Panamanian castaways were rescued this Wednesday, 150 nautical miles off the Colombian coast, after drifting for eight days in a small boat, according to the Ecuadorian Navy.
The rescue was carried out by the Panamanian-flagged oil tanker Cabo San Vicente, which later transported the men to the Ecuadorian port of Esmeraldas, near the Colombian border. Upon arrival, the castaways received medical attention and were placed under the custody of local authorities, who are coordinating their return to Panama.
Panamanians spent 8 days as castaways
The rescue operation was made possible thanks to joint coordination between the Ecuadorian Navy, the Colombian maritime authority, and the crew of the Cabo San Vicente, a 228-meter-long vessel covering the route between Panama’s Melones Island port terminal and Esmeraldas.
Authorities highlighted the swift response and international collaboration that saved the lives of the castaways, who had been adrift under circumstances that remain unclear.
Acodeco Reports $24 Million in Claims for Breaches in 2024
Claims filed for warranty breaches, lack of information, and refunds in 2024 amount to $24 million.
This is revealed in a report by the Consumer Protection and Competition Authority (Acodeco), which details that 841 complaints were filed for warranty breaches, totaling $6.1 million.
For lack of information, 555 complaints were recorded, amounting to $4.4 million; for refunds, a total of 343 complaints were filed, totaling $3.8 million; and for service breaches, 232 complaints were filed for a total of $452,000.
In total, 2,673 complaints were received nationwide, the institution highlighted.
By activity, the highest number of consumer complaints was as follows:
- Real estate: 501.
- Funeral homes: 233.
- Appliances/electronic devices: 212.
- Auto agencies: 191.
- Cable TV: 187.
- Department stores: 165.
- Used car sales: 119.
- Auto repair workshops: 91.
- Cell phone sales: 85.
- Telephony: 76.
MICI Appeals WTO Ruling in Trade Dispute Between Panama and Costa Rica
The Government of Panama announced on Thursday its decision to appeal the report issued by the arbitrators of the World Trade Organization (WTO) regarding the trade dispute with Costa Rica that has been ongoing since 2021, stemming from import requirements for agricultural and food products.
The Ministry of Commerce and Industries (MICI) stated that, after a technical analysis of the ruling, the recommendations in the report do not adequately ensure the protection of Panama’s interests and rights. The appeal seeks to secure a thorough legal review of the decision in accordance with WTO procedures.
The trade conflict began when Costa Rica decided not to renew the authorizations for Panamanian meat and dairy processing plants, which led Panama to implement specific requirements for certain imported products. Although Costa Rica brought the case to the WTO, Panama emphasized that it had previously respected a Costa Rican decision in this area.
MICI Appeals WTO Ruling
Despite the appeal, the Panamanian Government reaffirmed its commitment to international law and its willingness to resolve differences with Costa Rica through constructive bilateral dialogue. Panama also stressed that it will continue to protect its sanitary and phytosanitary heritage, complying with both national and international regulations to ensure the health and safety of people, animals, and plants.
“This appeal does not affect the spirit of cooperation and friendship that has characterized our relationship with Costa Rica,” the Government stated in an official communiqué, emphasizing its willingness to work on consensual solutions that benefit both countries in matters related to customs, transportation, security, and other areas of mutual interest.
2025 Chinese New Year Parade and Fair: When and Where Will It Take Place?
On February 2, 2025, Panama City’s Chinatown in El Dorado will host the highly anticipated celebration of the Chinese New Year. This cultural event, which attracts thousands of Panamanians and tourists, will offer a day filled with activities, gastronomy, music, and traditional performances organized in collaboration with the Ministry of Culture, Ministry of Education, Panama Tourism Authority, the Chinese community, and the private sector.
Highlights of the Chinese New Year Celebration
Culinary Delights
Attendees can enjoy a wide array of traditional Chinese dishes and international options, including the renowned “Sabores de Colón” and a live-prepared paella, perfect for those seeking authentic culinary experiences.
Family-Friendly Activities
A specially designed area for children will feature interactive games and creative workshops that promise fun and learning. For teens and adults, there will be K-Pop dance classes and kickboxing sessions, encouraging physical activity and group learning.
The Chinese New Year Parade
The parade, one of the most anticipated moments, will include:
- The Fortune Buddha Float, a symbol of prosperity and abundance.
- The Wood Snake Float, representing wisdom and rebirth.
- Dragon and Lion Dances, a vibrant and energetic spectacle.
In addition, the parade will feature school bands, civic associations, public institutions, and unique activities such as a car fashion show, bikers, and transformed vehicles, creating a festive atmosphere.
Cultural Show on the Main Stage
The main stage will feature artistic and cultural performances, such as:
- Dragon and Chinese Lion Dances, with traditional blessings for the audience.
- Traditional Chinese music and dance performances.
- Martial arts demonstrations showcasing skill and discipline.
Gastronomic and Cultural Experience
Visitors will have the opportunity to participate in culinary workshops led by expert chefs, teaching how to prepare iconic Chinese dishes. Tastings and interactive demonstrations will also be available.
Ongoing Activities and Cultural Fair
Throughout the day, attendees can enjoy:
- K-Pop Random Dance, with prizes for the best dancers.
- Chinese calligraphy, traditional crafts, and art exhibitions.
- Wellness zones offering meditation and tai chi sessions for physical and mental relaxation.
The 2025 Chinese New Year celebration promises to be an unforgettable experience for all ages, highlighting the rich culture of the Chinese community in Panama and strengthening the bonds between both cultures.
Final del formulario
The Tax Collection Measures of the Municipality of Panama
Olmedo Rodríguez, the municipal treasurer of Panama City, shared details about the measures implemented for the collection of municipal taxes and actions to regulate commercial informality in the city.
Rodríguez explained that the early payment discount measure for municipal taxes has been in place for several years. During the month of January, taxpayers who pay their annual taxes between January 1 and 31 will receive a 10% discount. “This measure aims not only to encourage timely payment but also to help the municipality capitalize in order to meet the obligations we must fulfill as a local government,” he said.
The process is simple: the taxpayer must submit an income declaration to the Municipality of Panama, which must match the one submitted to the General Directorate of Revenues (DGI). The amount of the annual taxes is then calculated, and payment is made, with a 10% discount. This measure applies only to three specific items: business activity, mobile advertising, and fixed advertising.
Trends in Municipal Tax Collection
Regarding the collection figures, Rodríguez mentioned that, to date, there has been a positive recovery compared to the previous year. “Currently, we are 35% above what was collected during the same period last year. The last weeks of the month always show a significant increase in collection, and we expect to close with figures higher than last year,” he commented.
Another crucial topic addressed during the interview was commercial informality, a phenomenon affecting both Panama City and other regions of the country. “We are not against street vendors or artisans, but we do aim to regulate commercial activities so that all businesses comply with the corresponding fiscal regulations,” Rodríguez stated.
The municipal treasurer emphasized that, in addition to fiscal measures, concrete actions are being implemented to facilitate formalization. “We recently installed the first kiosk in the Central area, not only to make it visible but also to ensure that these businesses meet the formal requirements and feel comfortable doing so,” he explained. He also assured that incentives are being evaluated to encourage more informal traders to formalize and contribute to municipal coffers.
“Our goal is for all businesses, regardless of their size, to be registered and pay the corresponding taxes. This not only benefits the municipality but also fosters a fairer and more balanced commercial environment,” he concluded.
Toll Prices on North and South Corridors Could Be Reduced
Deputy Alexandra Brenes made a call on Tuesday to implement an action plan that would lower the costs of the highway corridors, which are used daily by thousands of Panamanians.
Toll Prices on North and South Corridors
According to Brenes, the high toll prices significantly impact the economy of families and workers who rely on these roads for their daily commutes. “It is imperative that the government take measures to make the costs of the corridors more accessible and ensure fair mobility for all,” she stated.
The deputy’s proposal aims to open the debate on alternatives such as temporary subsidies, restructuring of rates, or the establishment of differentiated prices according to time slots.
The issue has sparked divided opinions among users, who are calling for urgent solutions to ease the economic impact of the current rates.
