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Wednesday 13th May 2020. We talk to Innovation VP of Banistmo Diego Ponce.

May 13, 2020

At 8:20 this morning we link up with Diego Ponce from Banistmo (VP Innovation) to talk about the new link up with the Nequi System and Paypal enabling the movement from you PayPal account to your Nequi acct….. “officially releasing our big partnership with Paypal. Through this alliance we will open the doors for the entrepreneurship and e-commerce business from Panamá to other countries. Everyone will be able to offer any kind of products or services globally and enjoy their income in Panamá in just few simple steps and at a very low cost.”

On the 64th day, from the first case of the new coronavirus was reported, the Ministry of Health (Minsa) reported, Tuesday evening, that the accumulated cases increased to 8,783 and the deaths to 252 (3 deaths in the last 24 hours). The head of Epidemiology of the Minsa, Lourdes Moreno, indicated that the new cases of Covid-19 are 167; people in home isolation total 2,135, 819 of them remain in hospital hotels.

The President of the Republic, Laurentino Cortizo, and his ministers carried out their first face-to-face Cabinet Council this Tuesday May 12 amid the absolute quarantine due to the pandemic by Covid-19.

The companies and businesses that are included in block 1 must have the health committee to return to “normalcy in Panama” tomorrow, that is today Wednesday.

Employers and workers may verify through the website of the Ministry of Labor and Labor Development (Mitradel) the procedures for suspension of labor contracts.

The Ministry of Economy and Finance (MEF) is negotiating new lines of financing with multilateral organizations to cover the needs generated by the pandemic of the new coronavirus, which has caused a significant drop in current government revenues.

Grupo Aval announced that it has signed a modified sale and purchase agreement for up to 100% of the share capital of Multi Financial Group, parent of the Panamanian bank Multibank, which implies a reduction in the transaction amount of 39%.

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