News

PANAMA INCREASES NATIONAL MINIMUM WAGE

December, 2019

Today December 31st, the Panamanian Government set the new Minimum Wage, which will take effect beginning on Wednesday, January 15, 2020.This represents an increase of 3.3% (average) resulting in US$ 3.38, US$ 3.58 and US$ 4.67 per hour for the more costly activities. Thus, the top minimum wage...

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THE LEGISLATIVE ASSEMBLY OF EL SALVADOR APPROVES THE LAW ON INTEGRAL MANAGEMENT OF WASTE AND PROMOTION OF RECYCLING

December, 2019

On December 19th, the Legislative Assembly approved the Law on Integral Management of Waste and Promotion of Recycling, after the analysis carried out by the Committee on Environment and Climate Change. The decree has been sent to the President of the Republic for sanction.This law aims to promote t...

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GUATEMALA: MINIMUM WAGE 2020

December, 2019

Today, December 30, 2019 was published in the Official Gazette of the Government Agreement No. 320-2019 of the Ministry of Labor, which establishes the minimum wage to be paid in Guatemala to employees dedicated to agricultural, nonagricultural activities and export and maquila activities starting f...

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PANAMA EXTENDS FILING DEADLINE FOR THE COUNTRY BY COUNTRY REPORT

December, 2019

On December 27th, Official Gazette No. 28929 enacted two Resolutions issued by the Directorate General of Revenue of the Ministry of Economy and Finance ("DGI" as per its abbreviation in Spanish), both dated December 19th, 2019. Resolution No. 201-9116 extends the filing term for the Country by Coun...

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