5.7 Earthquake Rattles
Nicaragua
Minor Earthquake Shakes Guatemala
Panama to Strengthen Investment Regulations
Honduran Police Take
on Organized Crime
Panama to Strengthen Investment Regulations
Panama - The Panamanian
government is considering steps to
strengthen the legal framework for
investments, as part of a strategy to
increase the country's levels of
competitiveness, according to official
sources.
According to a presidential communique
issued on Tuesday, the Executive agreed to
create a multidisciplinary working group
made up of representatives of the public and
private sectors to discuss and propose
concrete actions to prevent the country from
being used for illegal activities of any
nature and increase levels of liability and
accountability regarding ownership of public
limited companies.
The decision stems from the nation's
condition as a prestigious international,
financial services center and the need to
preserve and increase competitiveness and
foster foreign direct investment. |
|
|
|
|
