Costa Rica Detains Former Panama Governor Richard Fife


News from Panama

Richard Fifer, the former governor of Panama’s Cocle province, was arrested on Saturday by Costa Rican authorities at the Paso Canoas border crossing with Panama. Fifer was detained along with two other Panamanian citizens and a Costa Rican tour guide while allegedly trying to illegally cross the border using an American passport. The arrest was […]

January 12, 2024

Peruvian company plans to have its regional distribution headquarters in Panama


News from Panama

The multinational company of Productos Extragel y Universal S.A., based in Peru, evaluates the investment opportunities offered by Panama, to create a food distribution center for Latin America and the Caribbean, taking advantage of the geographical advantage offered by the isthmus. The information was corroborated by directors of the General Directorate of Investment Attraction Marketing […]

July 21, 2023

Panama extends fuel price subsidy


News from Panama

According to the Executive, this is one of the lowest prices in Central America for 91 and 95 octane gasoline and diesel, which is sold at 3.25 dollars. The measure, approved by the Council of Ministers, states that after April 22 and until next May 31, the price of 91 octane gasoline and diesel will […]

March 31, 2023

Two companies interested in maintenance of the Centennial bridge


News from Panama

Two companies presented proposals for the public tender for the best value of the maintenance and rehabilitation project of the Centenario bridge. The fixed reference price reaches $5.6 million and the proposing companies were the CAA Centennial Bridge Rehabilitation Consortium (Centroequipos S.A., ARD Engineering INC., ATP Electronics, S.A.) with the sum of $ $6.2 million and […]

March 17, 2023

The Utah Public Radio newsroom goes to Panama


News from Panama

Utah Public Radio is partnering with Utah State University’s Biology Department and Ecology Center to gather and share stories about research at the Smithsonian Tropical Research Institute in the Republic of Panama. UPR News Director Sheri Quinn and science reporter Colleen Meidt are meeting with Jerry Schneider, PhD postdoctoral fellow in the Beckman Lab. They […]

March 17, 2023

Group SURA posts 82% jump in Q4 net profit


News from Panama

et profit at Grupo SURA, Colombia’s largest investment company, rose by 81.9% in the fourth quarter of 2022 compared to the year earlier period, the firm said in a statement late on Tuesday. The company posted a net profit of 688 billion pesos ($142 million) for the October to December period. Total revenues in the […]

March 17, 2023